Prime, new construction location in Tempe, AZ with exceptional opportunity to build 12 townhomes or apts. Excellent for diversifying an investment portfolio with steady rental revenue in one of the fastest growing metro areas in the USA.Buildable potential: 12 units Lot size: 136' x 202' Sq ft: 31,552Minutes from ASU and an ideal location with EZ access to all points of interest in the Valley of the Sun.Urban in-fill project with a 2022 COE offering the potential for attractive depreciation allowance in 2023.
- Price:
- $1,750,000
- Acreage:
- 0.34
- Listing ID #:
- 6492850
- Street Address:
- 306 S Hardy Dr
- City:
- Tempe
- State:
- Arizona
- Postal Code:
- 85281
- County:
- Maricopa
- Subdivision:
- State Plat 12 Am
- Listing Status:
- Active
- Listing Type:
- LandDevelopedVacant
PRESCHOOL-5
500 students
16 student/teacher
9-12
1697 students
17 student/teacher
- Approximate Lot Size Range:
- .50 - .99 Acres
- Conforms To Zoning:
- R20
- Existing Land Use:
- Other (see Rmks), Residential Lot
- Lot Number:
- 25
- Lot Square Footage:
- 14835.00
- Suitable Use:
- Multi-Family
- Topography:
- Level
- For Sale Or Lease?:
- Sale
- Terms:
- Cash, Conventional
- Property Taxes:
- $2,257
- Tax Year:
- 2022
- Electricity:
- Aps
- Existing Water:
- City Franchise, Irrigation Pipe
- Gas:
- Sw Gas
- 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
Source: CINC
- Listing Provided By: Jared English 888-229-2009 with Congress Realty
