Chesapeake Condominium Homes with Cash to Loan New Financing

Chesapeake Condominium Homes with Cash to Loan New Financing

Welcome to Chesapeake Condominium, a hidden gem nestled in the vibrant city of Tempe, Arizona, located in the heart of Maricopa County. This exquisite subdivision offers a blend of modern living and classic charm, making it an ideal choice for both first-time homebuyers and seasoned investors alike.

Chesapeake Condominium boasts beautifully designed units that feature spacious layouts, contemporary finishes, and an abundance of natural light. Each home is thoughtfully crafted to provide comfort and style, with amenities that cater to a variety of lifestyles. Residents can enjoy a refreshing community pool, lush landscaped grounds, and convenient access to nearby parks and walking trails.

One of the standout features of Chesapeake Condominium is its accessibility to essential services and entertainment. Just minutes away, you’ll find a plethora of shopping, dining, and recreational options, ensuring that everything you need is within reach. Plus, with Tempe's lively atmosphere, you can immerse yourself in the local culture, from art galleries to festivals.

For those considering a new home at Chesapeake, financing options are flexible and accommodating. Homes in this subdivision are eligible for cash-to-loan new financing, making it easier for you to transition into your dream home. Whether you’re looking to invest or settle down, Chesapeake Condominium offers a unique opportunity to thrive in one of Arizona's most desirable locales.

Discover the charm and convenience of Chesapeake Condominium in Tempe—where your ideal lifestyle awaits!

Newest Chesapeake Condominium Homes with Cash to Loan 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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