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2014 S La Corta Drive

Tempe, AZ 85282
  • $9,840,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 6508623
UPDATED: 160 min ago
$9,840,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1956
County:
Area:

School Ratings & Info

Description

Turn key investment portfolio in the highly sought after city of Tempe. Offering 14 hand curated and exceptional short term rental properties that have over $2m in renovation and remodeling costs. The in place operations offer continued stability and favorable operational costs. Financials available on request with appropriate proof of funds.This is a unique offering to purchase a stable portfolio of homes in the exceedingly strong and sought-after Arizona housing market and one of its most desired neighborhoods, Tempe. This offering has immediate cash flow and revenue growth built in. With over 40% of households in Metropolitan Phoenix being renter-occupied, this a perfect opportunity for short or long term rental operations.In recent years, Tempe has benefited from transformational investment that has dramatically increased the residential population and generated a rich array of restaurants, retail, events and entertainment venues. The immediate area highlights include: Arizona State University (70,000 students), Tempe Town Lake (urban waterfront property with employment anchors of State Farm Insurance, Carvana & KPMG), Old Town Scottsdale (world class restaurants, shops, nightclubs and art galleries) and SkySong (Innovation and Technology Center with 1.2 million square feet at build-out). This is a bulk sale, the following parcel's are included - 129-19-014, 133-24-020, 129-15-167, 301-47-308, 133-36-059, 132-11-010, 124-60-070, 124-77-077, 124-76-015, 123-47-021-A, 133-38-155, 133-39-273, 133-36-533, 124-74-123

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Arizona Regional MLS logo© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2023-02-02T00:42:37.33.
www.yournextphoenixhome.com/homes/136122143
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2014 S La Corta Drive Tempe, AZ 85282

  • Price: $9,840,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 160 min ago
  • MLS #: 6508623
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1956
Built
Neighborhood:
Broadmor Manor Amd
County:
Maricopa
Area:
Tempe
Property Description
Turn key investment portfolio in the highly sought after city of Tempe. Offering 14 hand curated and exceptional short term rental properties that have over $2m in renovation and remodeling costs. The in place operations offer continued stability and favorable operational costs. Financials available on request with appropriate proof of funds.This is a unique offering to purchase a stable portfolio of homes in the exceedingly strong and sought-after Arizona housing market and one of its most desired neighborhoods, Tempe. This offering has immediate cash flow and revenue growth built in. With over 40% of households in Metropolitan Phoenix being renter-occupied, this a perfect opportunity for short or long term rental operations.In recent years, Tempe has benefited from transformational investment that has dramatically increased the residential population and generated a rich array of restaurants, retail, events and entertainment venues. The immediate area highlights include: Arizona State University (70,000 students), Tempe Town Lake (urban waterfront property with employment anchors of State Farm Insurance, Carvana & KPMG), Old Town Scottsdale (world class restaurants, shops, nightclubs and art galleries) and SkySong (Innovation and Technology Center with 1.2 million square feet at build-out). This is a bulk sale, the following parcel's are included - 129-19-014, 133-24-020, 129-15-167, 301-47-308, 133-36-059, 132-11-010, 124-60-070, 124-77-077, 124-76-015, 123-47-021-A, 133-38-155, 133-39-273, 133-36-533, 124-74-123
Exterior Features

Construction BlockOther (See Remarks) Construction Finish PaintedOther (See Remarks) Covered Parking Spaces 14.00 Exterior Amenities Green LandscapingOther (See Remarks)Desert Landscaping Lot Size Dimensions 113 X 75 Parking GarageStreet ParkingCarportPaved ParkingOther (See Remarks) Roads Asphalt Roofing Comp ShingleOther (See Remarks)

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included RefrigeratorOther (See Remarks)Washer/DryerMicrowaveDishwasher Cooling See Remarks Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetWoodOther Heating See Remarks Interior Amenities Furnished

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 6 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 6 Adjusted Gross Inc 0.00 Annual Ownr Asoc Fee 0.00 Community Amenities See Remarks Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Other (See Remarks) Gas Other (See Remarks) Gross Annual Sch Inc 0.00 Hoa YN No Net Operating Income 0.00 New Financing ConventionalCtlOther (See Remarks)1031 Exchange Operating Exp 1923.00 Other Income 0.00 Other Type House + Rental UnitsOther (See Remarks)Packaged Offering Owner Pays See Remarks Project Type 13 - 24 Units Sale Includes Land & BuildingOther (See Remarks)Laundry EquipmentPool EquipmentPersonal Property Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Tempe Taxes 1923.00 Tenant Pays Other (See Remarks) Vacancy Allowance 0.00 Water See Remarks Zoning R1-6

Arizona Regional MLS logo Listing provided by North & Co: 480-843-5101 .


Arizona Regional MLS logo© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2023-02-02T00:42:37.33.
 
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Elite Home Advisors | Keller Williams Realty Phoenix
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