534 E Huntington Drive, Tempe, AZ 85282
$5,700,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $5,700,000 Last Modified: 2/02/2026
Overview
Description
Listing Details MLS# 6360352
Location, Tax & Legal
- Map Code/Grid
- R37
- House Number
- 534
- Compass
- E
- Street Name
- Huntington
- St Suffix
- Drive
- City/Town Code
- Tempe
- State/Province
- AZ
- Zip Code
- 85282
- County Code
- Maricopa
- Assessor Number
- 133-28-069
- Tax Year
- 2020
- Assessor's Map #
- 28
- Assessor's Parcel #
- 69
- Add'l Parcels
- Yes
- Tax Municipality
- Tempe
- Taxes
- 9701
- Legal
- BRENTWOOD MANOR 2
- Marketing Name
- Twenty at Huntington
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- irr
- Year Built
- 1967
- Uncvrd Parking Spcs
- 20
- Total # of Units
- 20
- # of Buildings
- Yes
- Zoning
- Multi
- Elementary School District
- Tempe Elementary School District
- High School District
- Tempe Union High School District
Remarks Misc
- Cross Street
- Southern and Rural
Status Change Info
- Off Market Date
- 2022-02-25
- Under Contract Date
- 2022-02-25
- Close of Escrow Date
- 2022-02-25
Legal Info
- Lot Number
- 104
More Information
Income Expenses
- Gross Annual Sch Inc
- 367200
- Net Operating Income
- 291393
1 Bedroom Units
- # 1 Bedroom Units
- 4
- Avg Rent
- 1450
- Avg SqFt
- 650
- # Baths
- Yes
2 Bedroom Units
- # 2 Bedroom Units
- 16
- Avg Rent
- 1550
- Avg SqFt
- 900
- # Baths
- Yes
Sold Info
- Loan Type
- Conventional
- Payment Type
- Fixed
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- %
- Seller Concession $/%
- %
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Project Type
- 13 - 24 Units
- Yes
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
Roofing
- Other
- Yes
Floors
- Vinyl
- Yes
- Carpet
- Yes
Sale Includes
- Land & Building
- Yes
- Personal Property
- Yes
Income & Expenses
- Annual Elec Exp
- 1500
- Annual Gas Exp
- 0
- Annual Ins Exp
- 12000
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 2500
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 10000
- Annual Mgmt Exp
- 14000
- Annual Trash Exp
- 8000
- Annual Wtr/Swr Exp
- 10000
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Operating Exp
- 67701
- Other Income
- 3000
- Vacancy Allowance
- 0.03
- Adjusted Gross Inc
- 359094
- Total Monthly Rental Income
- 30600
Pmt & Rate Info
- Cap Rate
- 4.94
- Down Payment
- 0
- Equity
- 5900000
- Down Payment %
- 0
- Monthly Payments
- 0
- 1st Payment
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Lockbox Type
- None
- Yes
Community Features
- Pool
- Yes
- Spa(s)
- Yes
Heating
- Electric
- Yes
Cooling
- Electric
- Yes
Interior Features
- Unfurnished
- Yes
Tenant Pays
- Electricity
- Yes
- Cable TV
- Yes
Appliances Included
- Disposal
- Yes
- Refrigerator
- Yes
- Free-Standing Range
- Yes
- Washer/Dryer
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Projected Proforma
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer-In & Connected
- Yes
Parking Features
- Other
- Yes
Electric
- SRP
- Yes
Gas
- SW Gas
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
- Pool Maintenance
- Yes
New Financing
- Conventional
- Yes
Special
- Owner/Agent
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Existing 2nd Loan
- Treat as Free&Clear
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Treat as Free&Clear
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- Seller Prop Disc Stm
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Efficiency Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type: 13 - 24 Units Construction: Block Const - Finish: Painted Roofing: Other Floors: Vinyl; Carpet Sale Includes: Land & Building; Personal Property Community Features: Pool; Spa(s) Interior Features: Unfurnished Appliances Included: Free-Standing Range; Refrigerator; Disposal; Washer/Dryer Cooling: Electric Water Source: City Franchise Sewer: Sewer-In & Connected Electric: SRP Gas: SW Gas Parking Features: Other Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping; Pool Maintenance Tenant Pays: Electricity; Cable TV Source of Fincl Data: Projected Proforma Special: Owner/Agent Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional Environmental: None
Listing Office: Grace CRE
Last Updated: February - 02 - 2026
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