616 South Hardy Drive Unit 112 Tempe, AZ 85281

Building Details

Year Built

1984

Listing agency Tradelands Realty t***@gmail.com Show Phone

Listed by Jacob Allen · License #SA569290000 Show Phone

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Added: Apr 7 Updated: Jul 22 at 6:03PM Checked: Jul 22 at 6:03PM

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Investment Insights

Based on property information with market context.

For sale as a bulk portfolio: seven identical condos at 616 South Hardy Drive (Units 112, 115, 128, 138, 141, 207, and 231). All units are being offered in their current condition with existing tenant occupancy, except Unit 115, which has been left vacant for buyers to review the floor plan.

According to the seller, the remaining units are leased with “good solid tenants,” and there is additional value cited based on the opportunity to adjust rents in 2026. The portfolio is presented for buyers seeking to acquire multiple units in the same location and begin generating income from day one, subject to lease terms and any buyer requirements for the vacant unit.

This is a straightforward, like-for-like condo offering designed to simplify ownership of several units under a single transaction.

Key Highlights

• Bulk sale of 7 identical condo units: 112, 115, 128, 138, 141, 207, and 231
• Each unit is currently rented; unit 115 is left vacant for buyers to view the floor plan
• 7 total condo units in 7 buildings; construction includes shake siding and wood frame

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FAQs

What type of property is this?

Apartment building - Bulk sale of seven identical condo units, currently rented with one unit left vacant for floor plan viewing.

Where is this apartment building located?

The property is located at 616 South Hardy Drive Unit 112 Tempe, AZ.

What is the asking price?

The asking price for this property is $1,575,000.

What are key features of this property?

This property features: Bulk sale of 7 identical condo units: 112, 115, 128, 138, 141, 207, and 231; Each unit is currently rented; unit 115 is left vacant for buyers to view the floor plan; 7 total condo units in 7 buildings; construction includes shake siding and wood frame