Log In/Sign Up
Your email has been sent.
Venture on Wilson 626 S Wilson St 12 Unit Apartment Building $3,372,325 CAD ($281,027 CAD/Unit) 4.77% Cap Rate Tempe, AZ 85281
Executive Summary
Venture on Wilson presents a rare opportunity to acquire a fully renovated 12-unit garden-style community in one of Tempe’s most dynamic and walkable neighborhoods. Originally built in 1960 and comprehensively modernized in 2019, this thoughtfully upgraded property features (10) 1-bed/1-bath units and (2) 2-bed/1-bath units, all outfitted with in-suite washers and dryers, stainless-steel appliances, shaker-style kitchen cabinetry, and subway tile backsplashes. Bathrooms have been updated with modern vanities and ceramic tile tub surrounds, offering a stylish and comfortable living experience.
The property’s block construction and mature landscaping frame a peaceful communal courtyard, fostering a quiet and inclusive community atmosphere. Units are individually metered for electricity, reducing ownership expenses and enhancing tenant convenience.
The property’s block construction and mature landscaping frame a peaceful communal courtyard, fostering a quiet and inclusive community atmosphere. Units are individually metered for electricity, reducing ownership expenses and enhancing tenant convenience.
Property Facts
| Price | $3,372,325 CAD | Building Class | C |
| Price Per Unit | $281,027 CAD | Lot Size | 0.58 AC |
| Sale Type | Investment | Building Size | 7,340 SF |
| Cap Rate | 4.77% | Average Occupancy | 100% |
| No. Units | 12 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1960/2019 |
| Property Subtype | Apartment | Parking Ratio | 2.59/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R-3, Tempe | ||
| Price | $3,372,325 CAD |
| Price Per Unit | $281,027 CAD |
| Sale Type | Investment |
| Cap Rate | 4.77% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.58 AC |
| Building Size | 7,340 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1960/2019 |
| Parking Ratio | 2.59/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-3, Tempe |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Ceiling Fans
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Carpet
- Yard
- Double Pane Windows
- Freezer
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | 560 |
| 2+1 | 2 | - | 700 |
1 1
Walk Score®
Very Walkable (85)
Bike Score®
Biker's Paradise (99)
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $657 CAD | Total Assessment | $65,613 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$657 CAD
Improvements Assessment
$0 CAD
Total Assessment
$65,613 CAD
1 of 32
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Venture on Wilson | 626 S Wilson St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.