SELLER MOTIVATED.... SUBMIT OFFERS! One acre parcel with 25 units PLUS 1 acre VACANT lot in back included.
PRIME INVESTMENT OPPORTUNITY IN HIGH BARRIER TO ENTRY CHANDLER. Currently operated as motel rented nightly & week-to-week, opportunity to lock in tenants for long term to maximize occupancy.
Single level garden style property with various unit types and sizes. Frontage entrance on Hwy 87/Arizona Ave. Newer upgraded RFID electronic entry locks, solid concrete buildings, newer roofs, newer water heaters, newer individual AC/heat, granite countertops/showers, fully furnished units with pull-out sofas in some units, 37in TV with full cable, complementary Wi-Fi and all utilities included.
6 -Studios with kitchens
1 -Apt 2bd/1bth
1 -APT 1bd/1bth
3 -Junior Apts
4 -Standard 1 bed
10 -Standard 2 Bed
- Additional land area to potentially build more units/pool/basketball courts?
- Earn additional income for charging for utilities, cable, wi-fi, or parking?
Close to golf courses, dining, shopping, schools and Phoenix/Tempe/ASU. Chandler known for Intel, Honeywell, Wells Fargo, Paypal, GM, Microchip offices and locations.
Visit property site www.chandlerinnaz.com for more photos and property info.
Separate neighboring property with 25 unit possibly available, would bring total units to 50 on 3 acres of land in DOWNTOWN Chandler, if desired by Buyer. See listing for 710 N. Arizona Ave, Chandler.