Offers Were Due 06.24.2026

Ascent on Spence Apartments

Offering Price

$20,000,000

Price/Unit:
$178,571
Price/SF:
$229.81
Units:
112
Year Built:
1986

Property Location

1249 East Spence Avenue
Tempe, AZ 85281



Thank you for your interest in this offering

For more information please contact:

Alon Shnitzer
Senior Managing Partner
602.714.1283
alon.shnitzer@abimultifamily.com
Lic. # AZ: BR534786000
Rue Bax
Associate Broker
602.714.1406
rue.bax@abimultifamily.com
Lic. # AZ: BR531213000
Eddie Chang
Senior Partner
602.714.1398
eddie.chang@abimultifamily.com
Lic. # AZ: SA545071000

Document Vault - Ascent on Spence Apartments

Registration is no longer open for this document vault.

Files are available only if you have previously registered for this property, in which case please use the link you were emailed to access these documents.

Marketing Materials
AS_-_Marketing_Brochure.pdf (1 MB) Registration required to access this document.
AS_-_Offering_Memorandum.pdf (36 MB) Registration required to access this document.
Financials
AS_-_June_2026_T12_Operating_Statement.xlsx (34 KB) Registration required to access this document.
AS_-_Rent_Roll_7-13-26.xlsx (57 KB) Registration required to access this document.
AS_-_Projected_Occupancy_Report_7-8-26.pdf (49 KB) Registration required to access this document.
AS_-_Q_A.pdf (89 KB) Registration required to access this document.
AS_-_Past_5_Years_Major_Cap_X_Summary.pdf (60 KB) Registration required to access this document.
AS_-_On_Site_Brochure_5-12-26.pdf (650 KB) Registration required to access this document.
AS_-_Future_Leases_Info_6-23-26.pdf (88 KB) Registration required to access this document.
AS_-_May_2026_T12_Operating_Statement_w_notes.xlsx (41 KB) Registration required to access this document.
AS_-_2025_T12_Operating_Statement.xlsx (37 KB) Registration required to access this document.
AS_-_AR_Report_6-11-26.xlsx (15 KB) Registration required to access this document.
AS_-_Conservice_Utility_Re-Bill_History_5-29-26.xlsx (631 KB) Registration required to access this document.
AS_-_Renewal_Notice_with_Charges.pdf (108 KB) Registration required to access this document.
AS_-_Concessions_Report_Charge_By_Tenant_5-26-26.xlsx (17 KB) Registration required to access this document.
Property Contracts (buyer to assume)
AS_-_Cox_Communications_Feedback_6-9-26.pdf (80 KB) Registration required to access this document.
AS_-_American_Cable_Agreement.pdf (1 MB) Registration required to access this document.
AS_-_Cox_Marketing_Agreement.pdf (816 KB) Registration required to access this document.
AS_-_Laundry_Room_Lease.pdf (789 KB) Registration required to access this document.
AS_-_Laundry_Room_Lease_Addendum.pdf (1 MB) Registration required to access this document.
AS_-_Parcel_Pending_Ownership_Change_Agreement_2025.pdf (929 KB) Registration required to access this document.
AS_-_Roof_Maintenance_and_Contract.pdf (784 KB) Registration required to access this document.
AS_-_WBS_Tech.pdf (649 KB) Registration required to access this document.
Insurance
AS_-_Mahoney_Group_New_Insurance_Comments_and_Current_Premium.pdf (69 KB) Registration required to access this document.
AS_-_Insurance_Loss_Claims_History_Report.pdf (272 KB) Registration required to access this document.
Permits
AS_-_Pool_Permits.pdf (1 MB) Registration required to access this document.
Warranties
AS_-_Roofing_Warranty_and_Preventative_Maintenance.pdf (2 MB) Registration required to access this document.
Property Taxes
AS_-_Tax_Bill_2025_133-08-071A.pdf (176 KB) Registration required to access this document.
AS_-_Valuation_133-08-071A.pdf (268 KB) Registration required to access this document.
Past 3rd Party Reports
AS_-_Zoning_Report_2024.pdf (46 MB) Registration required to access this document.
AS_-_Phase_I_2024.pdf (59 MB) Registration required to access this document.
AS_-_ALTA_Survey_2024.pdf (767 KB) Registration required to access this document.
Other
AS_-_Tempe_Quiet_Zone_Train_Passing.pdf (143 KB) Registration required to access this document.
New Loan Indications
AS_-_Colliers_Indicative_Agency_Bank_CU_Loan_Quotes_6-12-26.pdf (148 KB) Registration required to access this document.
Title
AS_-_Title_Report.pdf (235 KB) Registration required to access this document.
Offer Template
AS_-_Offer_Template.docx (41 KB) Registration required to access this document.

Primary Contacts

Alon Shnitzer
Senior Managing Partner
602.714.1283
alon.shnitzer
@abimultifamily.com
Lic. # AZ: BR534786000

Rue Bax
Associate Broker
602.714.1406
rue.bax
@abimultifamily.com
Lic. # AZ: BR531213000

Eddie Chang
Senior Partner
602.714.1398
eddie.chang
@abimultifamily.com
Lic. # AZ: SA545071000

Additional Contacts

Doug Lazovick
Senior Partner
602.714.1388
doug.lazovick
@abimultifamily.com
Lic. # AZ: BR552832000

Tyler Bruggman
Vice President
602.714.1834
tyler.bruggman
@abimultifamily.com
Lic. # AZ: SA660047000