402 S BECK Avenue, Tempe, AZ 85281
$1,450,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$1,450,000
Last Modified:
8/06/2021
Listing Details MLS# 5964560
Location, Tax & Legal
- Map Code/Grid
- R36
- House Number
- 402
- Compass
- S
- Street Name
- BECK
- St Suffix
- Avenue
- City/Town Code
- Tempe
- State/Province
- AZ
- Zip Code
- 85281
- Zip4
- 2457
- Country
- US
- County Code
- Maricopa
- Subdivision
- PECAN GROVE ESTATES
- Assessor Number
- 124-28-011-C
- Tax Year
- 2018
- Assessor's Map #
- 28
- Legal Description (Abbrev)
- PECAN GROVE ESTATES LOT 3 EX E 107.33' AS MEAS ALG S LN
- Assessor's Parcel #
- 11
- Assessor Parcel Ltr
- C
- Add'l Parcels
- Yes
- Tax Municipality
- Tempe
- Census Tract
- 318800
- Taxes
- 4433
- Legal
- PECAN GROVE ESTATES LOT 3 EX E 107.33' AS MEAS ALG S LN
- Marketing Name
- The Beck
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 165x94
- Year Built
- 1962
- Uncvrd Parking Spcs
- 8
- Total # of Units
- 10
- # of Buildings
- 3
- Zoning
- R-3
- Elementary School District
- Tempe Elementary School District
- High School District
- Tempe Union High School District
Remarks Misc
- Cross Street
- Hardy & University
- Directions
- West on University to Beck, North on Beck to property on SW Corner of Beck Ave and W 4th Street.
Status Change Info
- Off Market Date
- 2019-12-13
- Under Contract Date
- 2019-12-13
- Close of Escrow Date
- 2020-01-16
Legal Info
- Township
- 1N
- Range
- 4E
- Section
- 16
- Lot Number
- 3
More Information
Income Expenses
- Net Operating Income
- 95570
1 Bedroom Units
- # 1 Bedroom Units
- 10
- Avg Rent
- 880.5
- Avg SqFt
- 585
- # Baths
- Yes
Sold Info
- Loan Type
- Other
- Payment Type
- Other
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Project Type
- 5 - 12 Units
- Yes
Construction
- Block
- Yes
- Other
- Yes
Const - Finish
- Brick Veneer
- Yes
- Other (See Remarks)
- Yes
Roofing
- Composition
- Yes
- Other
- Yes
Floors
- Other
- Yes
Sale Includes
- Land & Building
- Yes
- Other (See Remarks)
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Gas Exp
- 0
- Annual Ins Exp
- 0
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 0
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 0
- Annual Mgmt Exp
- 0
- Annual Trash Exp
- 0
- Annual Wtr/Swr Exp
- 0
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 30310
- Operating Exp
- 34743
- Other Income
- 6916
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 6916
Pmt & Rate Info
- Cap Rate
- 5.31
- Down Payment
- 0
- Equity
- 1800000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Showing Notification Methods
- Text
- Yes
- Yes
- Phone Call
- Yes
Community Features
- Pool
- Yes
- Other
- Yes
- See Remarks
- Yes
Heating
- Other
- Yes
- See Remarks
- Yes
Cooling
- Other
- Yes
- See Remarks
- Yes
Exterior Amenities
- Landscape Water System
- Yes
- Other (See Remarks)
- Yes
Interior Features
- Other (See Remarks)
- Yes
Tenant Pays
- Electricity
- Yes
Appliances Included
- Other
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Projected Proforma
- Yes
Water Source
- City Franchise
- Yes
- Other
- Yes
- See Remarks
- Yes
Sewer
- Sewer - Public
- Yes
- Other
- Yes
Parking Features
- Other
- Yes
Electric
- Other (See Remarks)
- Yes
Gas
- Other (See Remarks)
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
New Financing
- Conventional
- Yes
- 1031 Exchange
- Yes
- Other (See Remarks)
- Yes
Existing 1st Loan
- Other (See Rmks)
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Existing 2nd Loan
- Other (See Remarks)
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Other (See Remarks)
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- Other (See Remarks)
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Efficiency Units
- Avg Rent
- 0
2 Bedroom Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
5 - 12 Units
Construction:
Block; Other
Const - Finish:
Brick Veneer; Other (See Remarks)
Roofing:
Composition; Other
Floors:
Other
Sale Includes:
Land & Building; Other (See Remarks)
Community Features:
Pool; Other; See Remarks
Exterior Amenities:
Landscape Water System; Other (See Remarks)
Interior Features:
Other (See Remarks)
Appliances Included:
Other
Heating:
Other; See Remarks
Cooling:
Other; See Remarks
Water Source:
City Franchise; Other; See Remarks
Sewer:
Sewer - Public; Other
Electric:
Other (See Remarks)
Gas:
Other (See Remarks)
Parking Features:
Other
Road Surface Type:
Asphalt
Owner Pays:
Water
Tenant Pays:
Electricity
Source of Fincl Data:
Projected Proforma
Showing Notification Methods:
Text; Email; Phone Call
Existing 1st Loan:
Other (See Rmks)
Existing 1st Loan Type:
Not Applicable
Existing 1st Loan Terms:
Not Applicable
Existing 2nd Loan:
Other (See Remarks)
Existing 2nd Loan Type:
Not Applicable
Existing 2nd Loan Terms:
Not Applicable
Existing 3rd Loan:
Other (See Remarks)
Existing 3rd Loan Type:
Not Applicable
Existing 3rd Loan Terms:
Not Applicable
Existing Othr Ln Trm:
Not Applicable
New Financing:
Conventional; 1031 Exchange; Other (See Remarks)
Environmental:
None
Listing Office:
ABI Multifamily
Last Updated: August - 06 - 2021
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