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🏢 Just listed — Multifamily for sale in Tempe, AZ.

📍 1214 South Farmer Avenue, Tempe, AZ
🏷  Multifamily · For Sale
💰 $1.49M

Multifamily | 7 Units | $213,000/unit

<ul><li>100% occupied seven-unit investment opportunity</li><li>Workforce housing asset with R-3 zoning</li><li>Minutes from Arizona State University</li><li>Strong demand in the Tempe rental market</li></ul>

Full financials, photos, and broker contact:
https://commrty.com/property/arizona/tempe/1214-south-farmer-avenue-2556835-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=1214-south-farmer-avenue-2556835

#Tempe #Multifamily #CommercialRealEstate #CRE #Investment

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Home/AZ/Tempe

1214 South Farmer Avenue

Tempe, AZ 85281

Asking Price

$1.49M

Asset Type

Multifamily

Class

Class B

What's Special

Multifamily | 7 Units | $213,000/unit <ul><li>100% occupied seven-unit investment opportunity</li><li>Workforce housing asset with R-3 zoning</li><li>Minutes from Arizona State University</li><li>Strong demand in the Tempe rental market</li></ul>

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

5.37%

DSCR

0.90

Underwater

Cash-on-Cash

-1.89%

Monthly Payment

$7,371.707

Annual Cash Flow

$-8,460.484

Location & Travel Times

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