Prime dirt location on the doorstep to ASU, the 5th largest university in the US. This six unit complex has a lot to offer. All 1 bedroom unit mix Now 100% vacant. Owner will deliver vacant or re-leased. 10% 2nd position carry or low LTV/market rate carry possible. Located in an opportunity zone with 1000's of new units in process. Very low expenses w/ separate, tenant-paid electric/gas. Available individually or as part of a package of 15 units (see MLS 6851166). Value-add. Long-term, local-owner that has self-managed. Close to a 7 CAP historical income performance.
For sale
Price cut: $25K (5/21)
$1,175,000
1440 S Stanley Pl, Tempe, AZ 85281
1beds
1baths
3,150sqft
Est.:
Multi Family
Built in 1960
-- sqft lot
$-- Zestimate®
$373/sqft
$-- HOA
What's special
- 121 days
- on Zillow |
- 176 |
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