$725,000
$797,750
9.1%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 11/18/2020
Key Details
Sold Price $725,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6103767
Sold Date 11/18/20
Maintenance Fees $9,000
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1950
Annual Tax Amount $1,280
Tax Year 2019
Lot Dimensions irr
Property Description
100% occupancy* 7 Cap on current actual operating income! * Opportunity to acquire this unique asset in fast growing West Glendale/Peoria/El-Mirage/Surprise sub-market.** New 1340 acre industrial park ''Woolf Logistics Industrial Campus'' & Red Bull facility are being constructed in immediate area. ** Little competition in this fast growing west side community. ** Main ranch house is 2 bed 1 bath. Excellent mix of 1 bedroom and studios.** All units are air conditioned and tenant friendly. ** Always 100% occupied! ** Easy to rent when a tenant relocates.** The units have been upgraded at various times with plumbing, wiring, flooring, fixtures and cabinetry. On site laundry keeps tenants happy and provides extra cash flow.**
Location
State AZ
County Maricopa
Zoning r43
Direction From the 101 go west on Northern to Litchfield Rd, turn right (north) on Litchfield Rd to Peoria, left or west on Peoria.Property is on south side across from Coffer Canyon Ranch subdivision.
Interior
Heating None
Cooling Individual, Heat Pump, Electric, Wall/Window Unit(s)
Appliance FS OvenRange, Refrigerator
Exterior
Community Features No Pool
Waterfront No
Roof Type Tile, Built-Up, Foam
Total Parking Spaces 29
Building
Sewer Septic Tank
Water None
New Construction Yes
Schools
School District Dysart Unified District
Others
Senior Community No
Tax ID 501-43-015-B
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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42201 N 41st Dr Suite B144, Anthem, AZ, 85086, United States