This is truly a NN Lease from a National Short Term Rental Co.
All you pay is insurance and property taxes.
Property is leased for three years w/increases in rents each year.Excellent location for this remodeled Tempe Duplex.
Close proximity to ASU and university transportation.
Property features two spacious 1 bedroom, 1 bathroom units, both with a one car carport and slab parking, large private block fenced backyards in a quiet low traffic neighborhood. New flooring, tile tub/ shower surrounds, new vanities and cabinets, quartz countertops, dual pane windows, fixtures, stainless steel appliances and NEW underground pipes. Ample storage throughout, extended length carport and low maintenance landscaping.
Buyer to verify all Facts and Figures.
Virtual Tour-Check out the Virtual Tour
First we tear it apart then put it back together the right way.
The underground pipes are completed.
Refreshingly Offbeat & Sunsets on Repeat
Tempe embraces an active lifestyle and laid-back atmosphere and it’s a place where community matters. Refreshingly offbeat, Tempe is a college town with a personality all its own. It’s a welcoming destination with a spirited lifestyle where you’ll find fun-filled activities at every turn.
Tempe is a city just east of Phoenix, in Arizona. Its striking Tempe Center for the Arts hosts concerts, dance and comedy shows. Nearby, Tempe Town Lake is dotted with kayaks, pedal boats and paddleboards. Tempe Beach Park hosts outdoor festivals. Rising above the city, Hayden Butte is a mountain dotted with centuries-old rock art. Sporting events and concerts are held at Wells Fargo Arena.
Effective Operating Income
Net Operating Income
Check out the one page Flyer!
See the Offering Memorandum
Master Lease Rent Roll 4-1-2023 through 3-31-2026
Floor Plans and Appraiser Measurements
Residential Prop Disc Statement 1-4
Addendum to the Residential Purchase Contract 1-4
Property Photos-Check out the finished Duplex
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