This Multifamily Property is no longer advertised on LoopNet.com.
1011 E Orange St
Tempe, AZ 85281
Verve Tempe Terrace · Multifamily Property For Sale
·
40 Units

INVESTMENT HIGHLIGHTS
- 40 Garden-Style Units Constructed in 1963
- In-Suite Washers / Dryers & Covered Parking
- Value-Add Opportunity Through Additional Interior & Exterior Renovations
- Attractive Mix of One & Two-Bedroom Unit Types
- Individually Metered for Electricity & Hot Water
- Zoned R-4 & Surrounded by 7-Story Student Housing Properties
PROPERTY FACTS
No. Units | 40 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | B |
Lot Size | 0.90 AC |
Building Size | 24,524 SF |
No. Stories | 2 |
Year Built/Renovated | 1963/2022 |
Parking Ratio | 1.92/1,000 SF |
UNIT AMENITIES
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer
- Heating
- Kitchen
- High Speed Internet Access
- Refrigerator
- Stainless Steel Appliances
- Range
- Walk-In Closets
- Carpet
- Family Room
- Vinyl Flooring
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Picnic Area
- Grill
- Smoke Detector
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
1+1 | 22 | - | 453 |
2+1 | 18 | - | 781 |
LINKS
PROPERTY TAXES
Parcel Number | 132-73-158B | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $258,717 |
ZONING
Zoning Code | R-4, Tempe |
Listing ID: 25630323
Date on Market: 5/4/2022
Last Updated:
Address: 1011 E Orange St, Tempe, AZ 85281
The Downtown Tempe Multifamily Property at 1011 E Orange St, Tempe, AZ 85281 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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