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2309 S College Ave, Tempe, AZ 85282
0 Beds
0 Baths
n/a sqft

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Tempe Cottages is an 18-unit Contemporary Boutique Apartment Community located in this Highly Desirable Tempe location that has recently been Completely Renovated and Repositioned to include Premium Finishes with over $500k in Improvements! Solid Block Construction with Pitched Composition Shingle Roofs. The Renovated Units Feature Vaulted Ceilings, Modern Shaker Cabinetry, with Brushed Nickel Hardware, New Black Granite Countertops with White Subway-Tile Backsplashes and Polished Concrete Flooring,. Also included are Full Size/High End/Stainless Steel Appliances including built in Stainless Steel Dishwashers, Smooth Top Stoves, with Stainless Hood Vents, Washers & Dryers In-Suite, Pendant Lighting +More+. The property is located on .65 Acres w/ Attractive Low Water Use Desert Landscaping
  • Price:
  • $3,150,000
  • Bedrooms:
  • 0
  • Full Baths:
  • 0
  • Half Baths:
  • 0
  • Quarter Baths:
  • 0
  • Three Quarter Baths:
  • 0
  • Square Footage:
  • n/a
  • Acreage:
  • n/a
  • Year Built:
  • 1963
  • Listing ID #:
  • 5864913
  • Street Address:
  • 2309 S College Ave
  • City:
  • Tempe
  • State:
  • Arizona
  • Postal Code:
  • 85282
  • County:
  • Maricopa
  • Subdivision:
  • Broadmor Manor 4
  • Listing Status:
  • Active
  • Construction Description:
  • Block
  • Flooring:
  • Concrete
  • Interior Features:
  • Unfurnished, Fire/Smoke Alarm(s)
  • Number Of Units:
  • 18.00
  • Siding:
  • Painted
  • Type Of Roof:
  • Comp Shingle
  • Year Built:
  • 1963
  • Adjusted Gross Income:
  • 226421.28
  • Annual Electric Expenses:
  • 580.00
  • Annual Insurance Expenses:
  • 3200.00
  • Annual Landscape Expenses:
  • 2400.00
  • Annual Legal & Accounting Expenses:
  • 2000.00
  • Annual Maintenance Expenses:
  • 4500.00
  • Annual Management Expenses:
  • 11341.00
  • Annual Trash Expenses:
  • 1000.00
  • Annual Water/Sewer Expenses:
  • 3070.00
  • Net Operating Income:
  • 193105.00
  • Operating Expense:
  • 33713.00
  • Conforms To Zoning:
  • Multi Family
  • Community Features:
  • No Pool, Barbecue Area(s)
  • Included In Sale:
  • Land & Building
  • Terms:
  • Conventional, No Carry
  • Property Taxes:
  • $5,622
  • Tenant Pays:
  • Water, Cable Tv, Trash, Electric, Sewer
  • Covered Parking Spaces:
  • 18.00
  • Parking Description:
  • Carport, Add'l Parking Avail
  • Parking Spaces:
  • 28.00
  • Appliances:
  • F/S Oven/Range, Washer/Dryer, Dishwasher, Refrigerator
  • Cooling System:
  • Heat Pump
  • Electricity:
  • Srp
  • Existing Water:
  • City Franchise
  • Heating:
  • Heat Pump, Individual
  • Sewage Type:
  • Sewer - Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listings Provided by Keller Williams Arizona Realty
  • ARMLS
  • Schools information provided by ATTOM

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