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1429 N Scottsdale Rd 118 Unit Apartment Building $25,970,721 CAD ($220,091 CAD/Unit) Tempe, AZ 85288
INVESTMENT HIGHLIGHTS
- All units are completely remodeled with modern amenities.
EXECUTIVE SUMMARY
118 Unit Apartment Complex rooms 65 Units feature kitchens and laundry. Property is currently has a Hotel use and is in the process of being converted to apartments. Amazing location along Scottsdale Rd just north of the Tempe Town Lake. Close to shopping, 202 Loop, and Mill Ave. 58 Studio Units 5 currently with kitchens. 60 one or two-bedroom units with kitchens. All units are completely remodeled with modern amenities.
PROPERTY FACTS
| Price | $25,970,721 CAD | Apartment Style | Garden |
| Price Per Unit | $220,091 CAD | Building Class | B |
| Sale Type | Investment | Building Size | 118,000 SF |
| No. Units | 118 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2025 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price | $25,970,721 CAD |
| Price Per Unit | $220,091 CAD |
| Sale Type | Investment |
| No. Units | 118 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Building Size | 118,000 SF |
| No. Stories | 3 |
| Year Built | 2025 |
| Opportunity Zone |
Yes |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Fitness Center
- Pool
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 58 | - | - |
| 1+1 | 30 | - | - |
| 2+1 | 30 | - | - |
1 1
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | 132-11-056 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,295,761 CAD |
PROPERTY TAXES
Parcel Number
132-11-056
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,295,761 CAD
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1429 N Scottsdale Rd
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