Log In/Sign Up
Your email has been sent.
1224 E Lemon St
Tempe, AZ 85281
Heights on Lemon · Multifamily Property For Sale
·
65 Units
EXECUTIVE SUMMARY
Redevelopment Opportunity! Site currently offers 65 units built in 1976 sitting on a 1.74 acre parcel. Located within a 5 Minute Walk to Dorsey Ln/Apache Blvd Light Rail Stop and a 5 Minute Walk to ASU. Redevelopment Opportunity would include increasing the height from 2 stories to 5-7, increased density, and a Designated location by ASU & City of Tempe for New Student Housing Development Growth.
Call for pricing and additional details.
Call for pricing and additional details.
PROPERTY FACTS
| Sale Type | Investment | Building Class | C |
| Sale Condition | Redevelopment Project | Lot Size | 1.74 AC |
| No. Units | 65 | Building Size | 55,390 SF |
| Property Type | Multifamily | Average Occupancy | 91% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1976/2021 |
| Zoning | R-4 - Multifamily | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 65 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.74 AC |
| Building Size | 55,390 SF |
| Average Occupancy | 91% |
| No. Stories | 2 |
| Year Built/Renovated | 1976/2021 |
| Zoning | R-4 - Multifamily |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Ceiling Fans
- Stainless Steel Appliances
- Loft Layout
- Vinyl Flooring
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Fitness Center
- Picnic Area
- Pool
- Property Manager on Site
- Grill
- Sundeck
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | 695 |
| 2+1 | 63 | - | 850 |
| 2+1.5 | 1 | - | 850 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $41,680 CAD | Total Assessment | $412,130 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$41,680 CAD
Improvements Assessment
$0 CAD
Total Assessment
$412,130 CAD
1 of 33
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
