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1010-1012 S Smith Rd
Sold

1010-1012 S Smith Rd

1010-1012 South Smith Road, Tempe, AZ 85281

$2,400,000

Las Palmas Apartments is a 16-unit multifamily investment opportunity. The property is comprised of 100% two-bedroom / one-bathroom 800-square-foot units. 10 of the 16 units are equipped with large private backyards. In each unit, Las Palmas has been completely renovated with vinyl plank flooring, granite countertops, stainless-steel appliances, new A/C in all units, and individual washer / dryers. The property also features a new paved parking lot, as well as extremely low maintenance desert landscaping. Las Palmas Apartments will make an ideal asset in the highly desirable Tempe submarket.

2
beds

11,520 Sq.Ft. LIVING AREA

37,462 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms2

Area & Lot

  • Status Sold
  • Living Area11,520 Sq.Ft.
  • Lot Area37,462 Sq.Ft.
  • TypeMulti-Family
  • YEAR BUILT1961

Financial

  • Sales Price$2,400,000

Work With Us

The Evans Investment Group is a commercial real estate investment sales team specializing in the Los Angeles and Ventura County markets. Led by Brandon Evans, the team provides strategic advisory services, identifies strong investment opportunities, and helps clients navigate complex transactions to achieve their long-term investment goals. With nearly a decade of industry experience and a proven track record of success, the team is committed to delivering results and building lasting client relationships.
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Contact Details

Evans Investment Group | CA DRE# 02058494

Phone

(805) 814-9070

Email

[email protected]

Address

1880 CENTURY PARK E STE 800 CENTURY CITY CA 90067

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