Tempe, Arizona Casa Carmel is a 20-unit, garden-style apartment community located in the heart of Tempe, Arizona. Built in 1963, the single-story property is...
Apartment Building - Casa Carmel
Status: Price: Bldg. Size: Units: Cap Rate: Primary Type: Sub-Type:
Active $875,000 33,900 SF 44 12.76% Multifamily Garden/Low-Rise
Description
Casa Carmel is a 20-unit, garden-style apartment community located in the heart of Tempe, Arizona. Built in 1963, the single-story property is made of block construction with pitched roofs. Recent improvements have rejuvinated this property with new A/C units, water heaters, sandblasted exterior masonry walls, and refreshed interiors. Landscaping improvements cover the entire site with 120 newly planted trees and updated parking maximizing the utility of the site.
Tempe, Arizona is located in the heart of the Phoenix Metropolitan Area and enjoys more than 300 days of sunshine. The property is 0.75 miles from Arizona State University with a current enrollment exceeding 70,000 students, with access to most major freeways and public transportation (0.75 miles to Metro Lightrail, 0.75 miles to Metro Bus Station).