1921 E Hayden Lane, Tempe, AZ 85281

$695,000
Property Type: Multiple Dwellings Bedrooms: 26 Baths: 13 Status: Closed
Current Price: $695,000 Last Modified: 8/23/2012

Overview

Description

Great long term investment opportunity. Spacious 850 Sq.ft. 2bed/1 bath apartment units. Close to Freeway System-loop 202 & 101• Nice sparkling pool • Located Less Than 1/2 Mile from Light Rail Station• Centrally Located• Close to ASU• Near Downtown Restaurants, Shops & Entertainment• Walk-in closets• Ample Covered Parking• Freeway Access • On site Laundry Facility. On the Orbit Transportation line!!(Free small bus service serving Tempe)

Listing Details MLS# 4766476

Location, Tax & Legal

Map Code/Grid
R37
House Number
1921
Compass
E
Street Name
Hayden
St Suffix
Lane
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Country
US
County Code
Maricopa
Assessor Number
132-64-007-B
Tax Year
2011

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
25,544
Year Built
1985
Uncvrd Parking Spcs
14
Total # of Units
13
# of Buildings
2
Zoning
R-3
Elementary School District
Tempe Elementary School District

Remarks Misc

Cross Street
McCintock/University
Directions
Going South on McClintock take the second left past University onto Hayden Lane to community

Status Change Info

Off Market Date
2012-06-11
Under Contract Date
2012-06-11
Close of Escrow Date
2012-06-27

Legal Info

Lot Number
7

More Information

2 Bedroom Units

# 2 Bedroom Units
13
Avg Rent
650
Avg SqFt
850
# Baths
Yes

Structure

Bedrooms Total
26
Bathrooms Total
13

Income Expenses

Gross Annual Sch Inc
101400
Net Operating Income
52457.92

Sold Info

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

Property Features

Project Type: 13 - 24 Units Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Floors: Vinyl; Ceramic Tile; Carpet Sale Includes: Land & Building Community Features: Pool; Barbecue Exterior Amenities: Green Landscaping; Fenced; Curb(s) & Gutter(s); Cable TV Available; Sidewalk(s); Separate Storage; Security Light(s) Interior Features: Unfurnished; Fire/Smoke Alarm(s); Vertical Blinds Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal Heating: 2 or More Units Cooling: Ceiling Fan(s); Electric; Individual; 2 or More Units Water Source: City Franchise; Individual Meter Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: Carport; On Street; Add'l Parking Avail; Assigned; Free; Paved Road Access Type: Dedicated Street Road Surface Type: Asphalt Owner Pays: Water; Electric; Trash Collection; Landscaping; Pool Maintenance Tenant Pays: Water; Sewer; Electricity; Cable TV Source of Fincl Data: Projected Proforma Existing 1st Loan: Conventional Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Non Assumable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash to Loan; Conventional; No Carry Environmental: Phase I Available
IDX
Listing Office: Cardon Commercial
Office Phone: 480-278-9007
Office Email: jack.cardon@yahoo.com
Last Updated: August - 23 - 2012
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