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 heart of Tempe, Arizona, within the beautiful Maricopa County. This delightful subdivision offers an exquisite blend of modern living and serene surroundings, making it the perfect place to call home.

Chesapeake Condominium features a variety of thoughtfully designed units that cater to diverse lifestyles, from cozy one-bedroom retreats to spacious two-bedroom homes. Each residence is adorned with contemporary finishes, open layouts, and abundant natural light, creating an inviting atmosphere for relaxation and entertainment. Residents can enjoy the lush landscaping and beautifully maintained common areas, which provide a peaceful escape from the hustle and bustle of city life.

One of the standout features of Chesapeake Condominium is the potential for 1031 Exchange financing. This unique investment opportunity allows you to defer capital gains taxes when selling an investment property and reinvesting in another, making it an attractive option for savvy investors looking to grow their real estate portfolio. Whether you're a first-time buyer or a seasoned investor, this subdivision offers a range of options to suit your needs.

Located just minutes away from Tempe's vibrant downtown, you'll have access to an array of shopping, dining, and entertainment options. Enjoy the beautiful Arizona weather with nearby parks, recreational facilities, and easy access to outdoor adventures. Chesapeake Condominium is not just a place to live; it’s a community where you can thrive. Experience the best of Tempe living today and discover your dream home at Chesapeake Condominium!

Newest Chesapeake Condominium Homes with 1031 Exchange New Financing

$249,900
2 Beds ⋅ 2 Baths ⋅ 7009928 MLS ⋅ 941 SqFt.
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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