Current Price: $9,000,000 Sold Price: $9,000,000 Status: Closed List Date: 2022-08-03 Ownership: Fee Simple Subagents: N Buyer/Broker: Y Buyer Broker $/%: $

Map Code/Grid: R37 House Number: 1011 Compass: E Street Name: ORANGE St Suffix: Street City/Town Code: Tempe State/Province: AZ Zip Code: 85281 Zip4: 4048 Country: USA County Code: Maricopa Legal Description (Abbrev): TRACT B TERRACE PARK 1 MCR 009420 Subdivision: TERRACE PARK 1 Assessor's Map #: 73 Assessor's Parcel #: 158 Assessor Parcel Ltr: B Add'l Parcels: No Assessor Number: 132-73-158-B Legal: to be provided at title Census Tract: 319101 Tax Municipality: Tempe Taxes: 27654 Tax Year: 2021 Marketing Name: Park Terrace

Lot Size Dimensions: unknown Year Built: 1963 Uncvrd Parking Spcs: 2 Total # of Units: 40 # of Buildings: 4 Zoning: R-4 Elementary School District: Tempe Elementary School District High School District: Tempe Union High School District

Geo Lat: 33.417459 Geo Lon: -111.922637

Status Change Date: 2022-10-17 Off Market Date: 2022-08-10 Under Contract Date: 2022-08-09 Close of Escrow Date: 2022-10-14 Sold Price: $9,000,000

Township: 1N Range: 4E Section: 23 Lot Number: unknown

Owner Association: No Operating Exp: 27654 Gross Annual Sch Inc: 714000 Other Income: 32457 Vacancy Allowance: 0.03 Adjusted Gross Inc: 724063.29 Net Operating Income: 545236

Cap Rate: 5.89 Equity: 9250000

# 1 Bedroom Units: 22 Avg Rent: 1425 Avg SqFt: 453 # Baths: 1

# 2 Bedroom Units: 18 Avg Rent: 1625 Avg SqFt: 781 # Baths: 1

Loan Type: Other Payment Type: Other Closing Cost Split: Normal - N Buyer Concession $/%: $ Seller Concession $/%: $

Project Type: 25 - 50 Units Construction: Block Const - Finish: Painted Roofing: Other (See Remarks) Floors: Vinyl Sale Includes: Land & Building Community Amenities: No Pool Appliances Included: None Cooling: Electric Water: City Franchise Sewer: Sewer - Public Electric: SRP; Individual Meter Gas: None Parking: Other (See Remarks) Roads/Streets: Asphalt Owner Pays: Water; Trash Collection; Landscaping; Other Tenant Pays: Electric; Other (See Remarks) Source of Fincl Data: Provided by Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None New Financing: Other (See Remarks) Reports/Disclosures: Other (See Remarks) Environmental: Other (See Remarks)