$300,000
$350,000
14.3%For more information regarding the value of a property, please contact us for a free consultation.
0.44 Acres Lot
SOLD DATE : 12/30/2020
Key Details
Sold Price $300,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Green Briar Estates 1
MLS Listing ID 6151168
Sold Date 12/30/20
HOA Y/N No
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Annual Tax Amount $4,221
Tax Year 2020
Lot Size 0.439 Acres
Acres 0.44
Lot Dimensions X
Property Description
R5 ZONED Corner lot on Camelback and 39th Ave Unique opportunity to invest and develop a high demand multifamily product of 18 units in Phoenix. Strong rental demand area in a residential area of the west Valley in Green Briar Estates. Preliminary drawings for 18 two bedroom units with in unit laundry and family friendly amenity already submitted to City of Phoenix. Proforma stabilized NOI as 18 unit rental around $283K per annum!
Location
State AZ
County Maricopa
Community Green Briar Estates 1
Zoning R5
Exterior
Waterfront No
Building
Sewer Septic Tank
Water City Franchise
Others
Senior Community No
Tax ID 145-26-034
Acceptable Financing Conventional
Listing Terms Conventional
Financing Other
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