1916 Hayden LnTempe, AZ 85281
- Land
- 0.04 AC
Property Details for 1916 Hayden Ln
- Lot size
- 0.04 AC
- Zone code
- M-H
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 132-64-017F
- APU
- 13264017F
Description
This exceptional investment opportunity presents a fully permitted 13-unit, three-story townhome development in the thriving Tempe, Arizona market. Located at 1916 E Hayden Ln, 85281, this prime location sits conveniently between McClintock Drive and Smith Road, and University Drive and Apache Boulevard, offering easy access to downtown Tempe and major transportation arteries. City-approved construction documents are available, streamlining the development process and minimizing delays. Each of the modern townhome units boasts a private washer/dryer, individually metered utilities for efficient cost management, and spacious balconies, enhancing tenant appeal and rental income potential. The asking price for this turnkey project is $1,300,000. This represents a significant opportunity to capitalize on the strong rental demand in Tempe's dynamic rental market. The property is classified as land and multifamily, specifically an apartment building, making it an attractive investment for both experienced developers and those seeking a high-return, low-risk venture. Don't miss this chance to acquire a ready-to-build project with all the necessary approvals in place. Contact us today to learn more about this exciting development opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $530,466
- Hospitality
- $485,904
- Educational
- $404,266
- Medical
- $418,170
- Retail
- $628,859
Location Insight
- City
- Tempe
- County
- Maricopa
- State
- Arizona
- Latitude
- 33.4198
- Longitude
- -111.905
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
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- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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