1855 E Don Carlos Tempe, AZ 85281

Listing Agency JLL - Phoenix, Arizona

Listed by Brian Smuckler · License #AZ SA101740000

Source Crexi

Added: Feb 13 Checked: Jul 16 at 4:32 am

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - Phoenix, Arizona

---

Investment Insights

Based on property information with market context.

Located in Tempe, Arizona, Element at Tempe North presents an investment opportunity. Constructed in 1985, this garden-style community features wood frame and stucco construction. The property comprises 56 units, with a mix of two- and three-bedroom floor plans. Each unit is individually metered for electricity. The property has undergone partial renovations by the current ownership, showcasing premium interior finishes. This community offers investors the chance to invest in a stable apartment community with the potential for value enhancement through ongoing interior renovations.

Key Highlights

• Value‑add opportunity through continued interior renovations.
• Premium interior finish levels due to partial renovation by current ownership.
• Highly stable and exceptionally located apartment community in Tempe, Arizona.

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $1,700,000

  4,414 SF

  Tempe Garden-Style Apartment Complex

  Garden-style 10-plex near ASU Main Campus in Tempe.

  425,427 W 5th Street, Tempe, AZ 85281

  View Details
• 

  $1,650,000

  6,074 SF

  Freestanding Office Building with Suites

  Freestanding office building offers owner-use flexibility or suite leasing with private entrances and recent exterior improvements.

  2306 S Mcclintock Dr, Tempe, AZ 85282

  View Details
• 

  $3,040,000

  8,730 SF

  Freestanding Commercial Building

  Owner-user freestanding building on direct Rural Road frontage with flexible layout for office, medical, or institutional uses.

  3345 S RURAL RD, TEMPE, AZ

  View Details
• 

  $3,000,000

  4,999 SF

  Tempe Standalone Office Property

  Highly improved office property in Tempe's established business corridor.

  1702 E McNair Drive, Tempe, AZ 85283

  View Details
• 

  $4,280,000

  5,634 SF

  Tempe Crossing Drive-Thru Investment

  Fully leased, two-tenant property with drive-thru in Tempe, Arizona.

  9895 S Priest Drive, Tempe, AZ 85284

  View Details
• 

  $1,650,000

  2,555 SF

  Tempe Convenience Store Opportunity

  Convenience store near Downtown Tempe and Arizona State University.

  802 S Hardy Dr, Tempe, AZ 85281

  View Details
• 

  $1,235,000

  Turnkey Tempe Duplex Investment

  Updated duplex with modern amenities and strong tenant appeal.

  117 W 10TH Street, Tempe, AZ 85281

  View Details
• 

  $750,000

  Quadplex with Studio Units

  Four studio units with wall unit A/C and in-unit appliances offer a straightforward residential income setup.

  1033 S Mariana Street, Tempe, AZ 85281

  View Details
• 

  $999,999

  2,971 SF

  Tempe Office Building For Sale

  2,971 SF office building in Tempe, Arizona for sale.

  5801 S Mcclintock Dr, Tempe, AZ 85283

  View Details
• 

  $1,420,000

  Tempe Multifamily Near ASU Campus

  Seven-unit apartment property near ASU with remodeled units.

  1219 S Farmer Avenue, Tempe, AZ 85281

  View Details
• 

  $1,650,000

  5,546 SF

  Retail Building Near IKEA

  5,546 SF retail building with attractive patio and landscaping.

  8425 S Emerald Dr, Tempe, AZ

  View Details
• 

  $899,000

  2,157 SF

  Stand-Alone Medical Office Building

  2,157 SF medical office near Arizona State University.

  2040 S Rural Rd, Tempe, AZ 58282

  View Details

FAQs

What type of property is this?

Apartment building - 56-unit apartment community in Tempe, Arizona. Value-add potential.

Where is this apartment building located?

The property is located at 1855 E Don Carlos Tempe, AZ.

What is the asking price?

The asking price for this property is $11,250,000.

What are key features of this property?

This property features: Value‑add opportunity through continued interior renovations.; Premium interior finish levels due to partial renovation by current ownership.; Highly stable and exceptionally located apartment community in Tempe, Arizona.