250 E Ray Rd | Chandler, AZ 85225
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
250 E Ray Rd
Chandler, AZ 85225
ARIUM Chandler · Residential Property For Sale · 192 Units
Investment Highlights
- $700+ Mark-to-Market upside to be captured immediately
- Expansive, open-concept floor plans averaging 1,013 square feet with some direct-access garages and 50% garage-to-unit ratio
- Centralized Chandler location: 1 mile to Downtown Chandler, 2 miles to Loop 202, 3 miles to Loop 101, 3 ½ miles to Chandler Fashion Mall
- Legacy asset, featuring exceptional quality construction with non-merchant type finishes
- Highly sought-after Chandler market with extraordinary fundamentals; 1-year rental growth of 27.81% and 3-year rental growth of 44.76%
- Average single-family home in Chandler is $567,123 with burgeoning cost to own compared to renting
PROPERTY FACTS
| No. Units | 192 | Lot Size | 6.97 AC |
| Property Type | Residential | Building Size | 194,483 SF |
| Property Subtype | Apartment | Average Occupancy | 91% |
| Apartment Style | Garden | Number of Floors | 3 |
| Building Class | A | Year Built | 2017 |
| No. Units | 192 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | A |
| Lot Size | 6.97 AC |
| Building Size | 194,483 SF |
| Average Occupancy | 91% |
| Number of Floors | 3 |
| Year Built | 2017 |
Unit Amenities
- Air Conditioning
- Balcony
- Washer/Dryer
- Ceiling Fans
- Granite Countertops
- Wooden Floors
- Stainless Steel Appliances
- Walk-In Closets
- Carpet
Site Amenities
- 24 Hour Access
- Clubhouse
- Courtyard
- Fitness Centre
- Pool
- Property Manager on Site
- Energy Star Labelled
- Games room
- Grill
- Pet Play Area
- Rubbish Collection - Door to Door
- Community-Wide Wi-Fi
- Key Fob Entry
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 80 | - | 786 - 871 |
| 2+2 | 92 | - | 1,081 - 1,156 |
| 3+2 | 20 | - | 1,360 |
PROPERTY TAXES
| Parcel Number | 302-40-174 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £2,230,536 |
PROPERTY TAXES
Parcel Number
302-40-174
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£2,230,536
zoning
| Zoning Code | MU (Mixed Use) |
| MU (Mixed Use) |
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
