The Newport_Property for Sale
The Newport_Property for Sale
1106 East Weber Drive, Tempe, AZ, 85288, US

The Newport

Asset Description

The Newport features a portfolio of 17-single family detached fee-simple homes in an exclusive 38-home luxury community located in a dynamic Tempe Town Lakes location just 1.6 miles from Arizona State University. The pride of ownership community was built between 2015 and 2018 and provides a modern design with varied materials including corrugated metal, cementitious wood, and smooth stucco. In addition, the community boasts SRP GoldStar rating for the highest in energy efficiency and is individually metered for electricity, water, & gas.


The community consists of two and three-story residences that range from +-1,600 to +-1,821 square feet and include separate dens that could potentially be converted into a bedroom. Interior features include 9-foot ceilings, eatin kitchens with Energy Star rated Kenmore stainless-steel appliances, spacious pantries, granite or quartz countertops with undermounted sinks and premium Kohler plumbing fixtures, custom cabinets, & in-suite full-size washer/dryers. Units are also Cat5 Ethernet wired and include top-of-the-line

lighting fixtures.


Every residence has a private yard and large patio terrace. The community also features a sparkling resort-style pool and spa. Residents of the The Newport can also enjoy the amenities at the North Tempe Multi-Generational Center, located directly across the street, for $25 for the year or $1 per day. The +- 30,000 square foot facility includes a fitness center, a business center/library, a gym with multiple basketball courts, community classrooms, preschool classrooms, a youth center, a teen center, and a senior center.

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Attributes

Asking price
CN¥67,978,000
Number of units
17
Year built
2018
Building area net
2,743 m²

Media

Investment Highlights

• A Portfolio of 17-Single Family Detached Fee-Simple Homes in an Exclusive 38-Home Community

• Built between 2015-2018 and Awarded SRP’s GoldStar Rating for the Ultimate in High Energy Efficiency

• Dynamic Tempe Town Lakes Location Ideally Situated Between Tempe and Downtown Scottsdale, Two of the Largest Employment and Entertainment Hubs in Metro Phoenix that have experienced the highest appreciation in Metro Phoenix

• Four Unique Floor Plans with Two Bedroom plus Den (6%), Three Bedrooms plus Den (88%) or Four Bedroom (6%), Average Over 1,700 Square Feet

• Interior Finishes that Rival Million Dollar Properties, Including Eat-in Kitchens with Kenmore Stainless-Steel Appliances, Granite or Quartz Countertops, Kohler Plumbing Fixtures, 9’ Ceilings and Full-Size Washer/Dryers

• All Units Have Large Patio Terraces and Private Yards and Many of the Units Have Spacious Rooftop Decks, Offering 360 Degree Views of the Valley

• Low-Maintenance Asset Provides Ease-of-Management for an Out-of-State Investor

• Individual Resale Potential as an Exit Strategy (Individual Parcels)

The Newport 4_Property for Sale
The Newport 4_Property for Sale

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The Newport (0 Properties)

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Last updated
8 Nov 2024