109 E BROADWAY Road OFC, Tempe, AZ 85282
$7,850,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$7,850,000
Last Modified:
1/15/2021
Overview
Description
Unit Features:
• Faux Wood-Plank Vinyl Flooring
• Contemporary Cabinetry with Brushed Nickel Hardware
• Gourmet Kitchens with Full Size Appliances, Including Dishwashers and Built-In
Microwaves
• Stainless Steel Sinks with Brushed Nickel Faucets
• Modern Bathroom Vanities and Low-Flow Toilets
• In-Suite Washer/Dryers
• Premium Light Fixtures
• Vertical Blinds
• Sand-Blasted Block Interior Walls*
*Select Units
Community Amenities:
• Large Central Courtyard with Sparkling Swimming Pool
• On-Site Leasing Office with Security Access
• Outdoor Bike Storage
• Assigned Covered Parking Spaces
• Smooth Stucco Facade with Two Toned Paint and Trim
• Controlled Access Gates
• Dual-Pane Windows
• Upgraded Common Area and Walkway Lighting
• Barbecue Area and Dog Run
Listing Details MLS# 6119305
Location, Tax & Legal
- Map Code/Grid
- R37
- House Number
- 109
- Compass
- E
- Street Name
- BROADWAY
- St Suffix
- Road
- City/Town Code
- Tempe
- State/Province
- AZ
- Zip Code
- 85282
- Zip4
- 1300
- County Code
- Maricopa
- Subdivision
- TEMPE ACRES
- Assessor Number
- 133-23-023-A
- Tax Year
- 2019
- Unit #
- OFC
- Assessor's Map #
- 23
- Legal Description (Abbrev)
- TEMPE ACRES MCR 30-21 PT LOT 4 N 59F OF W 114.4F OF E 228.8F & N 24F OF W 73.2F OF E 302F & W 20F OF
- Assessor's Parcel #
- 23
- Assessor Parcel Ltr
- A
- Add'l Parcels
- No
- Tax Municipality
- Maricopa - COUNTY
- Census Tract
- 319600
- Taxes
- 15905
- Legal
- TEMPE ACRES MCR 30-21 PT LOT 4 N 59F OF W 114.4F OF E 228.8F & N 24F OF W 73.2F OF E 302F & W 20F OF
- Marketing Name
- Decco 109
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 40,233
- Year Built
- 1964
- Uncvrd Parking Spcs
- 20
- 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
Status Change Info
- Off Market Date
- 2020-10-06
- Under Contract Date
- 2020-10-06
- Close of Escrow Date
- 2021-01-14
Legal Info
- Township
- 1N
- Range
- 4E
- Section
- 27
- Lot Number
- 4
More Information
Income Expenses
- Net Operating Income
- 407820
1 Bedroom Units
- # 1 Bedroom Units
- 14
- Avg SqFt
- 650
- # Baths
- Yes
- Avg Rent
- 0
2 Bedroom Units
- # 2 Bedroom Units
- 26
- Avg SqFt
- 850
- # Baths
- 2
- Avg Rent
- 0
Sold Info
- Loan Type
- Cash
- Payment Type
- Other
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- %
- Seller Concession $/%
- %
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Project Type
- 25 - 50 Units
- Yes
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
Roofing
- Built-Up
- Yes
Floors
- Vinyl
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 15905
- Other Income
- 535800
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 535800
Pmt & Rate Info
- Cap Rate
- 5.1
- Equity
- 8000000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
Showing Notification Methods
- Text
- Yes
- Yes
- Phone Call
- Yes
Lockbox Type
- None
- Yes
Community Features
- Pool
- Yes
- Barbecue
- Yes
Heating
- Electric
- Yes
Cooling
- Central Air
- Yes
Exterior Amenities
- Other (See Remarks)
- Yes
Interior Features
- Other (See Remarks)
- Yes
Tenant Pays
- Other (See Remarks)
- Yes
Appliances Included
- Dishwasher
- Yes
- Disposal
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Built-In Range
- Yes
- Washer/Dryer
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Other (See Remarks)
- Yes
Water Source
- Master Meter
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- 1 Space/Unit
- Yes
Electric
- Individual Meter
- Yes
Gas
- Master Meter
- Yes
Owner Pays
- See Remarks
- Yes
New Financing
- Other (See Remarks)
- Yes
Reports/Disclosures
- None
- Yes
Environmental
- None
- Yes
Efficiency Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
25 - 50 Units
Construction:
Block
Const - Finish:
Painted
Roofing:
Built-Up
Floors:
Vinyl
Sale Includes:
Land & Building
Community Features:
Pool; Barbecue
Exterior Amenities:
Other (See Remarks)
Interior Features:
Other (See Remarks)
Appliances Included:
Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Cooling:
Central Air
Water Source:
Master Meter
Sewer:
Sewer - Public
Electric:
Individual Meter
Gas:
Master Meter
Parking Features:
1 Space/Unit
Road Surface Type:
Asphalt
Owner Pays:
See Remarks
Tenant Pays:
Other (See Remarks)
Source of Fincl Data:
Other (See Remarks)
Showing Notification Methods:
Text; Email; Phone Call
Lockbox Type:
None
New Financing:
Other (See Remarks)
Environmental:
None
Listing Office:
CBRE, Inc
Last Updated: January - 15 - 2021
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