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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
17978739
17978729

914 S Kenwood Cir, Tempe, AZ 85281

SW
AZ BR 64886600, FL BK 3595388
Grace CRE
Listed by Grace CRE
$999,000
739 days on market
Updated 65 days ago

914 S Kenwood

Details
Property Type Multifamily
Sub Type Apartment Building
Net Rentable (SqFt) 2,173
Units 4
Cap Rate 6.49%
NOI $64,847
Occupancy 25%
Pro-Forma Cap Rate 6.49%
Pro-Forma NOI $64,847
Class A
Year Built 1961
Year Renovated 2022
Buildings 1
Stories 1
Parking Spaces 6 spaces
Investment Type Stabilized
Ownership Fee

Multifamily | 4 Units | $249,750/unit

Marketing description

A short bike ride from the Tempe ASU campus, 914 S Kenwood is a perfect Air BNB, mid term / executive rental, or just an easy long term rental property. This fully furnished 4 plex has been EXTENSIVELY renovated.

EVERYTHING has been redone. The roof, AC units, underground plumbing, electrical, framing, drywall, all interior finishes, landscape, there isn't an inch of this property that hasn't been updated. All four units have 1 bedroom and 1 bathroom,

as well as in unit laundry, quartz counters, modern cabinetry, dishwasher, all stainless steel appliances, wood plank style tile flooring, exterior storage closets for each unit, and are completely furnished and ready for guests. All you need to do is list them and collect income. Tempe is in extremely high demand for both long & short term.

4 covered parking spaces plus additional parking in rear of building.

Listing Contacts

SW
AZ BR 64886600, FL BK 3595388
Grace CRE
Listed by Grace CRE

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$64,847.00
$5,403.92/mo

Valuation Metrics

0
DSCR
6.49%
Cap Rate
6.49%
ROI

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Additional Information

Name
Sophia Willets
License
BR 64886600
Brokerage
GRACE CRE®
Brokerage Phone
6029755516
Title
Real Estate Broker
Brokerage Address
3200 East Camelback Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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