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1218 S Farmer Ave
Tempe, AZ 85281
Multifamily Property For Sale
·
9 Units
INVESTMENT HIGHLIGHTS
- Exceptional investment opportunity in this well-maintained 9-unit multifamily property!
- This 9-plex features 8-1bedroom units and 1- studio with strong rental history and low vacancy.
- Conveniently located in a desirable, high- demand rental area of Tempe, ASU
EXECUTIVE SUMMARY
Exceptional investment opportunity in this well-maintained 9-unit
multifamily property! Conveniently located in a desirable, high-
demand rental area of Tempe, ASU. This 9-plex features 8-1bedroom
units and 1- studio with strong rental history and low vacancy. Each
unit offers functional layouts, and 15 dedicated parking. All units have
been tastefully updated attracting quality long-term tenants. The
property sits on a generous lot with potential for future development
(buyer to verify). On-site laundry, separate utility meters, This is a
turnkey addition to any investor’s portfolio. Easy access to transit,
ASU, shopping, and major employment centers. Whether you’re a
seasoned investor or entering the multifamily market, this is a rare
chance to acquire a stable, cash-flowing asset.
multifamily property! Conveniently located in a desirable, high-
demand rental area of Tempe, ASU. This 9-plex features 8-1bedroom
units and 1- studio with strong rental history and low vacancy. Each
unit offers functional layouts, and 15 dedicated parking. All units have
been tastefully updated attracting quality long-term tenants. The
property sits on a generous lot with potential for future development
(buyer to verify). On-site laundry, separate utility meters, This is a
turnkey addition to any investor’s portfolio. Easy access to transit,
ASU, shopping, and major employment centers. Whether you’re a
seasoned investor or entering the multifamily market, this is a rare
chance to acquire a stable, cash-flowing asset.
PROPERTY FACTS
| Price Per Unit | $256,234 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.22 AC |
| No. Units | 9 | Building Size | 6,008 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1947 |
| Apartment Style | Low-Rise | Parking Ratio | 1.36/1,000 SF |
| Zoning | R-3 - R-3 | ||
| Price Per Unit | $256,234 CAD |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 6,008 SF |
| No. Stories | 1 |
| Year Built | 1947 |
| Parking Ratio | 1.36/1,000 SF |
| Zoning | R-3 - R-3 |
AMENITIES
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 9 | - | 663 |
PROPERTY TAXES
| Parcel Number | 124-70-026 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $33,247 CAD |
PROPERTY TAXES
Parcel Number
124-70-026
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$33,247 CAD
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