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1011 E ORANGE Street, Tempe, AZ 85281

$9,000,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $9,000,000 Last Modified: 8/23/2023

More Information MLS# 6444558

Contract Info

Current Price: $9,000,000 Sold Price: $9,000,000 Status: Closed List Date: 2022-08-03 Ownership: Fee Simple

Location Tax Legal

Map Code/Grid: R37 House Number: 1011 Compass: E Street Name: ORANGE St Suffix: Street City/Town Code: Tempe State/Province: AZ Zip Code: 85281 Zip4: 4048 Country: USA County Code: Maricopa Subdivision: TERRACE PARK 1 Assessor Number: 132-73-158-B Tax Year: 2021

General Property Description

Lot Size Dimensions: unknown Year Built: 1963 Uncvrd Parking Spcs: 2 Total # of Units: 40 # of Buildings: 4 Zoning: R-4 Elementary School District: Tempe Elementary School District High School District: Tempe Union High School District

Remarks Misc

Geo Lat: 33.417459 Geo Lon: -111.922637

Status Change Info

Status Change Date: 2022-10-17 Off Market Date: 2022-08-10 Under Contract Date: 2022-08-09 Close of Escrow Date: 2022-10-14 Sold Price: $9,000,000

Legal Info

Township: 1N Range: 4E Section: 23 Lot Number: unknown

Income Expenses

Gross Annual Sch Inc: 714000 Net Operating Income: 545236

1 Bedroom Units

# 1 Bedroom Units: 22 Avg Rent: 1425 Avg SqFt: 453 # Baths: 1

2 Bedroom Units

# 2 Bedroom Units: 18 Avg Rent: 1625 Avg SqFt: 781 # Baths: 1

Sold Info

Loan Type: Other Payment Type: Other Closing Cost Split: Normal - N Buyer Concession $/%: $ Seller Concession $/%: $

Property Features

Project Type: 25 - 50 Units Construction: Block Const - Finish: Painted Roofing: Other (See Remarks) Floors: Vinyl Sale Includes: Land & Building Community Amenities: No Pool Appliances Included: None Cooling: Electric Water: City Franchise Sewer: Sewer - Public Electric: SRP; Individual Meter Gas: None Parking: Other (See Remarks) Owner Pays: Water; Trash Collection; Landscaping; Other Tenant Pays: Electric; Other (See Remarks) Source of Fincl Data: Provided by Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None New Financing: Other (See Remarks) Environmental: Other (See Remarks)
Listing Office: ABI Multifamily
Last Updated: August - 23 - 2023
1011 E ORANGE Street, Tempe, AZ 85281- MLS# 6444558
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