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$5,275,000
1917 E Broadway Rd, Tempe, AZ 85282
0 Beds
0 Baths
n/a sqft

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Situated along the frontage of Broadway Road in the heart of Tempe and thesoutheast valley of Metro Phoenix, The Harlow presents a rare opportunity toacquire a low-density 27-unit, completely renovated, luxury one- and two-storyapartment community that provides today's renters with a truly unique rentalexperience. Built in 1963 using block construction, The Harlow consists of20,550 square feet of rental space with an 761 square foot per unit average.The property is individually metered for utilities with (19) two-bedroomtownhouse style units, (2) two-bedroom/two-bathroom units and (6)one-bedroom/one-bathroom units.
  • Price:
  • $5,275,000
  • Year Built:
  • 1963
  • Listing ID #:
  • 6029583
  • Street Address:
  • 1917 E Broadway Rd
  • City:
  • Tempe
  • State:
  • Arizona
  • Postal Code:
  • 85282
  • County:
  • Maricopa
  • Listing Status:
  • Pending
  • Construction Description:
  • Block, Frame - Wood
  • Flooring:
  • Vinyl/Composition
  • Number Of Units:
  • 27.00
  • Siding:
  • Painted, Stucco
  • Type Of Roof:
  • Comp Shingle
  • Year Built:
  • 1963
  • Adjusted Gross Income:
  • 420925.05
  • Annual Electric Expenses:
  • 2400.00
  • Annual Insurance Expenses:
  • 3564.00
  • Annual Landscape Expenses:
  • 4000.00
  • Annual Legal & Accounting Expenses:
  • 5400.00
  • Annual Maintenance Expenses:
  • 6750.00
  • Annual Management Expenses:
  • 24475.00
  • Annual Trash Expenses:
  • 2400.00
  • Annual Water/Sewer Expenses:
  • 11981.00
  • Net Operating Income:
  • 323972.00
  • Operating Expense:
  • 83944.00
  • Conforms To Zoning:
  • Mf
  • Community Features:
  • Manager Res/Office, Pool(s)
  • Included In Sale:
  • Land & Building
  • Terms:
  • Conventional
  • Property Taxes:
  • $15,012
  • Tenant Pays:
  • Electric
  • Covered Parking Spaces:
  • 1.00
  • Parking Description:
  • >1 Space Per Unit, Garage
  • Parking Spaces:
  • 41.00
  • Appliances:
  • Compactor, Dishwasher, Disposal, F/S Oven/Range, Microwave, Refrigerator, Washer/Dryer
  • Cooling System:
  • Electric Refrigeratd
  • Electricity:
  • Srp
  • Existing Water:
  • City Franchise
  • Heating:
  • Electric
  • Sewage Type:
  • Sewer - Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listings Provided by Abi Multifamily
  • ARMLS

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