Seller Financing
2174 E Apache Boulevard, Unit 3 Tempe, AZ
$ 3,500,000
Property Attributes
  • MLS#5778614
  • TypeMulti-Family
  • CountyMARICOPA
  • CityTempe
  • NeighborhoodLola Vista
  • Zip85281
  • Style
  • Year Built1950
  • Taxes31886
  • Price$ 3,500,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2000
Listing Provided Courtesy Of:
Russ Lyon Sotheby's International Realty
Property Description

This is a portfolio sale of 3 parcels and 3 running hotel businesses. This includes 46 units 2 house and 2 offices. You can also tear down units and build up to 65 units of high density apartments. Land total is 92,040 sq feet. Hotels are located in front of light rail for easy access to Tempe Market Place and ASU students. 101 is about a block away for easy access. Currently ran as self managed all 3 hotels bring in about $35,000.00 gross and ran 60-65% for expenses per month. Also can build 65 units high density for multi-family. Drive by only managers unware of sale

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
6/11/2018 Listed $3,500,000

General Features

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 0.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block, Other (See Remarks)
Listing Status Active
Map Code/Grid R37
Net Income 180000.00
New Financing Conventional, Seller May Carry, Other (See Remarks), 1031 Exchange
Owner Pays Water, Pool/Spa Maintenance, Landscaping, Cable TV, Trash, Gas, Electric, Sewer
Property Type F
School District 000 - Out of Area
Subdivision LOLA VISTA
Tenant Pays None
Type ER
Unit Number 3
Year Built 1950
Zoning C-G

Interior Features

2 Bedroom Units: # 2 Bedroom Units 2
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 1000
Appliances Included Other (See Remarks)
Cooling Window/Wall Unit
Electric Master Meter
Floors Other (See Remarks)
Gas Other (See Remarks)
Heating Gas, Window/Wall Unit(s)
Interior Features Furnished, Other (See Remarks), Partially Furnished
Total Number of Units 48.00

Exterior Features

Sale Includes Land & Building, Other (See Remarks), Laundry Equipment, Pool Equipment
Complex Features Pool(s), Barbecue Area(s), Other (See Remarks), Manager Res/Office
Const - Finish Painted
Covered Parking Spcs 0.00
Exterior Features Landscape Wtr System, Cable TV Available
Lot Size Dimensions 2.11 acres
Parking Paved Parking, >1 Space Per Unit
Roof Comp Shingle, Other (See Remarks)
Sewer Sewer - Public
Total Parking Spcs 50.00
Water Master Meter, City Franchise


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85281

AVG $2.59M
AVG $10,186
AVG 248
Year Built
AVG 1970
AVG 58

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