1019 E Tempe Drive Tempe, AZ 85281

''The Traveler'' is comprised of (6) 1 bedroom units (448 sqf/ea) that all function as full time vacation rental units. The property features off-street parking & an enclosed common area w/ hot tub, community laundry, putting green & sitting area. All unit interiors have been extensively upgraded. The entire building received a new electrical system w/ separate metering installed in '20. New roof in '21. 2 New HVAC units in '21, other 4 units are newer, all w/ Nest thermostats. Located on a huge 15k+ SF corner lot the site could also offer development potential & possible future assemblage scenario. All furniture, appliances & hot tub convey in current condition.

• General Features
  • Community Amenities Barbecue,Golf/Putting Green,Heated Spa(s),No Pool,Other,Play Area
  • County Maricopa
  • Covered Parking Spcs 0.00
  • Cross Street Scottsdale Road & McKellips Road
  • Directions Take Scottsdale Rd to Tempe Drive. Go east, property is on the south corner.
  • Gas Master Meter,SW Gas
  • Marketing Name The Traveler
  • New Financing 1031 Exchange,Conventional
  • Parking 1 Space/Unit,Street Parking
  • Project Type 5 - 12 Units
  • Roofing Rolled
  • Special Listing Conditions Owner/Agent
  • Subdivision NORTH TEMPE
  • Tax Municipality Tempe
  • Taxes $2,021
  • Total Units 6.00
  • Year Built 1955
  • Zoning R-2
• Building Features
  • Construction Block
  • Appliances Included BI Oven/Range,Microwave,Refrigerator,Washer/Dryer
  • Floors Concrete
  • Cooling 2 or More Units,Ceiling Fan(s),Central A/C,Electric,Individual
  • Heating 2 or More Units,Electric,Natural Gas,Other,See Remarks
  • Interior Amenities Breakfast Bar,Fire/Smoke Alarm(s),Furnished,Mini Blinds
• Room Features
  • # 1 Bedroom Units 6
  • 1 Bedroom Units: Avg Rent 2000.00
  • 1 Bedroom Units: Avg SqFt 448
  • 1 Bedroom Units: # Baths 1
  • # 2 Bedroom Units 0
  • 2 Bedroom Units: # Baths 0
  • 2 Bedroom Units: Avg Rent 0.00
  • 2 Bedroom Units: Avg SqFt 0
  • # 3 Bedroom Units 0
  • 3 Bedroom Units: Avg SqFt 0
  • 3 Bedrooms Units: # Baths 0
  • 3 Bedrooms Units: Avg Rent 0.00
  • # 4 Bedroom Units 0
  • 4 Bedrooms Units: # Baths 0
  • 4 Bedrooms Units: Avg Rent 0.00
  • 4 Bedroom Units: Avg SqFt 0
• Property Features
  • Efficiency Units: # Efficiency Units 0
  • Efficiency Units: # Baths 0
  • Efficiency Units: Avg SqFt 0
  • Efficiency Units: Avg Rent 0.00
  • Legal Info: Township 11
  • Tenant Pays None
  • Owner Pays Cable TV,Electric,Gas,Landscaping,Pool/Spa Maintenance,Sewer,Trash Collection,Water
  • Income & Expenses: Totl Mnth Rntal Inc 151597.08
  • Income & Expenses: Net Operating Income 102330.91
  • Income & Expenses: Gross Annual Sch Inc 151597.08
  • Income & Expenses: Adjusted Gross Inc 151597.08
  • Legal Info: Range 4E
  • Legal Info: Lot Number 142
  • Total Parking Space 6.00
  • Electric APS,Individual Meter
  • Exterior Amenities Green Landscaping,Partially Fenced
  • Sewer Sewer - Public
  • Water City Franchise,Master Meter
• Schools
  • School District 213 - Tempe Union High School District

• Detail Flyer