Listing ID6277841
Sold For$475,000
StatusClosed
Sold Date11/17/2021
CountyPinal
Year Built2000
Property TypeMultiple Dwellings
Back on Market! Buyers Loan Denied!! Great Investment Opportunity!! 100% Occupied 2000 Built Fourplex with all 2 Bedroom & 2 Bath Units - Offering Plenty of Parking and Each Unit with Private Fenced Backyards! Each apartment has a Large Living Room, Eat in Kitchen, and Laundry. Most areas are tile. They all offer Complete Appliance Packages, including Refrigerators, Ranges, Dishwashers and Laundry Hook Ups plus Ceiling Fans! Large Bedrooms!
This opportunity will not last!
County
Pinal
Property Type
Multiple Dwellings
Year Built
2000
Zoning
Residential
2 Bedroom Units # Baths
2
2 Bedroom Units Avg SqFt
741
Cooling
Heat Pump, Electric, Ceiling Fan(s)
Cooling
yes
Heating
Heat Pump, Electric
Heating
yes
Community Features
No Pool
Country
US
Directions
South on Sunland Gin, East on Battaglia, South on Tacina, East on Sandy Ln
Elementary School
Toltec Elementary School
Elementary School District
Toltec Elementary District
General Property Description Elementary School
Toltec Elementary School
General Property Description Elementary School District2
Toltec Elementary District
General Property Description High School
Vista Grande High School
General Property Description High School District
Casa Grande Union High School District
General Property Description Jr High School
Toltec Elementary School
High School
Vista Grande High School
High School District
Casa Grande Union High School District
Middle Or Junior School
Toltec Elementary School
Postal City
Arizona City
Township
08
Water Source
Private Franchise
Attached Garage
no
Construction Materials
Painted, Stucco, Frame - Wood
Electric
APS
General Property Description # of Buildings
1
General Property Description Lot Size Dimensions
90 x 100
General Property Description Total # of Units
4
General Property Description Uncvrd Parking Spcs
8
Lot Size Dimensions
90 x 100
Number Of Buildings
1
Number Of Units Total
4
Open Parking Spaces
8
Parking Features
Paved Parking
Parking Total
8
Road Surface Type
Asphalt
Roof
Composition
Sewer
Public Sewer
Buyer Agency Compensation
2.50
Mls Status
Closed
Public Survey Range
07E
Public Survey Section
06
2 Bedroom Units Avg Rent
750
Cap Rate
5.78
Current Financing
Not Applicable
Disclosures
Seller Prop Disc Stm
Gross Income
36000
Gross Scheduled Income
36000
Insurance Expense
1650
Listing Terms
No Carry, Conventional, 1031 Exchange
Maintenance Expense
1200
Net Operating Income
27437
Operating Expense
8563
Owner Pays
Trash Collection, Sewer
Professional Management Expense
1800
Tax Annual Amount
1837
Tax Book Number
406.00
Tax Lot
1142
Tax Year
2020
Tenant Pays
Electricity, Water, Cable TV, Landscaping
Trash Expense
780
Water Sewer Expense
1296
Contact - Listing ID 6277841
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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