Chesapeake Condominium Homes with 1031 Exchange New Financing

Chesapeake Condominium Homes with 1031 Exchange New Financing

Welcome to Chesapeake Condominium, a hidden gem nestled in the vibrant city of Tempe, Arizona, within the heart of Maricopa County. This charming subdivision offers a unique blend of modern living and serene surroundings, making it an ideal choice for those seeking a balanced lifestyle.

Chesapeake Condominium is characterized by its beautifully designed homes that cater to a variety of tastes and preferences. Each residence features spacious layouts, contemporary finishes, and abundant natural light, creating an inviting atmosphere that feels like home. The community is enhanced by lush landscaping, well-maintained common areas, and a host of amenities that encourage relaxation and recreation. Residents can enjoy a refreshing dip in the pool, unwind in the spa, or take advantage of the nearby walking trails that wind through the picturesque scenery.

For those interested in investment opportunities, Chesapeake Condominium is an excellent choice, particularly with the availability of 1031 Exchange financing. This unique financing option allows investors to defer capital gains taxes while acquiring new properties, making it an attractive route for both seasoned investors and first-time buyers looking to build wealth through real estate.

Located in the heart of Tempe, residents have easy access to a variety of shopping, dining, and entertainment options, along with the vibrant culture that the city is known for. With its ideal location, modern amenities, and investment potential, Chesapeake Condominium is more than just a place to live; it's a lifestyle waiting to be embraced. Come discover your new home today!

Newest Chesapeake Condominium Homes with 1031 Exchange New Financing

$249,900
2 Beds ⋅ 2 Baths ⋅ 7009928 MLS ⋅ 941 SqFt. ⋅ 85282 Zip Code
Investor opportunity in the heart of Tempe! Tenant-occupied 2 bed / 2 bath condo providing immediate rental income with optimized mid-term rental upside potential. This unit features a highly desirable split floorplan, inside laundry, a private shaded balcony, and spacious living areas. Unbeatable location just 2.5 miles from ASU, shopping, dining, major valley employers, and immediate freeway access. An attractive option for buy-and-hold investors, 1031 Exchange buyers, and portfolio growth. Active HOA community repair projects offer a built-in equity cushion and long-term value enhancement. Dues cover exterior maintenance, roofing, blanket insurance, water, sewer, trash, and access to 2 heated pools and hot tubs. Buyer to independently verify all property rules. Highest & Best Use Strategy: While currently stabilized as a long-term rental, this asset is primed for an optimized roadmap to transition into a premium 30-to-90+ day Mid-Term Rental (MTR) to capitalize on high-yielding traveling medical, corporate, and transitional academic stays. Financing & Cash Advantage: Due to ongoing community asset stabilization and repair cycles, this property is currently non-warrantable and requires an all-cash close. Cash investors can capitalize on this status to bypass financed retail competition. Turnkey Rental Infrastructure: Property is situated in an always-in-demand rental hub with local property management infrastructure available for seamless out-of-state portfolio integration. Pro Forma Availability: Data-backed pro forma models outlining both the stabilized long-term rental math and optimized mid-term rental metrics are available upon request.

200 E Southern Avenue Unit 224, Tempe
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