1106 Weber DrTempe, AZ 85288

Property Details for 1106 Weber Dr

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a portfolio of seventeen single-family detached homes situated within a prestigious 38-home luxury community in Tempe, Arizona. Located just 1.6 miles from Arizona State University, this prime location offers unparalleled convenience and strong rental demand. The community, developed between 2015 and 2018, showcases a modern architectural design incorporating a variety of high-quality materials such as corrugated metal, cementitious wood, and smooth stucco. Each of the 17 units boasts a fee-simple ownership structure, providing individual ownership and control. The property features a total net rentable area of 29,525 square feet. Built to exacting standards, the community holds an SRP GoldStar rating, signifying its superior energy efficiency. Individual metering for electricity, water, and gas ensures efficient utility management and cost allocation. The asking price for this remarkable multifamily investment is $9,350,000. The property is identified by APN numbers 132-10-113 through 125, 127, 131, and 145, 149, located at 1106 E Weber Dr, Tempe, AZ 85288 within Maricopa County. This is a rare opportunity to acquire a high-performing, energy-efficient, and well-maintained multifamily asset in a thriving Tempe location. The property's modern design and desirable location make it an ideal investment for discerning buyers seeking strong returns and long-term appreciation.

Location Insight

City

Tempe

County

Maricopa

State

Arizona

Latitude

33.4452

Longitude

-111.922

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