Listing ID6289332
Sold For$585,000
StatusClosed
Sold Date1/05/2022
CountyPinal
SubdivisionGOLDEN SPRINGS II
Year Built1984
Property TypeMultiple Dwellings
**100% OCCUPIED!!!** RARE GOLD CANYON FOURPLEX with SWEEPING MOUNTAIN VIEWS, easy access to the US 60, and professionally maintained and managed 2BD/2BA TOWNHOUSE STYLE UNITS with over 1,100 sf each, strong rental rates, historically high occupancy rates, and easy maintenance.
County
Pinal
Property Type
Multiple Dwellings
Subdivision
GOLDEN SPRINGS II
Year Built
1984
Zoning
R
2 Bedroom Units # Baths
2
2 Bedroom Units Avg SqFt
1100
Cooling
Central A/C, Ceiling Fan(s)
Cooling
yes
Heating
Electric
Heating
yes
Community Features
No Pool
Country
US
Directions
Turn left onto Kings Ranch Rd. from US 60 (heading eastbound). Right on S. Alameda. Right on E. La Palma. Property is on left hand side.
Elementary School
Peralta Trail Elementary School
Elementary School District
Apache Junction Unified District
General Property Description Elementary School
Peralta Trail Elementary School
General Property Description Elementary School District2
Apache Junction Unified District
General Property Description High School
Apache Junction High School
General Property Description High School District
Apache Junction Unified District
General Property Description Jr High School
Cactus Canyon Junior High
High School
Apache Junction High School
High School District
Apache Junction Unified District
Middle Or Junior School
Cactus Canyon Junior High
Postal City
Gold Canyon
Township
01S
Water Source
Private Franchise, Individual Meter
Attached Garage
no
Construction Materials
Painted, Stucco, Frame - Wood
Electric
SRP
General Property Description # of Buildings
1
General Property Description Lot Size Dimensions
irr
General Property Description Total # of Units
4
General Property Description Uncvrd Parking Spcs
8
Lot Size Dimensions
irr
Number Of Buildings
1
Number Of Units Total
4
Open Parking Spaces
8
Parking Features
Paved Parking, Free, >1 Space Per Unit
Parking Free
1
Parking Total
8
Road Surface Type
Gravel, Dirt, Asphalt, Alley
Roof
Composition
Sewer
Septic in & Cnctd, Septic Tank
Buyer Agency Compensation
2.50
Mls Status
Closed
Public Survey Range
09E
Public Survey Section
09
2 Bedroom Units Avg Rent
750
Cap Rate
5.18
Disclosures
Seller Prop Disc Stm
Gross Income
36000
Gross Scheduled Income
36000
Listing Terms
Conventional, 1031 Exchange
Net Operating Income
36000
Operating Expense
2346
Owner Pays
Sewer, Landscaping
Tax Annual Amount
2346
Tax Block
1066
Tax Book Number
104.00
Tax Lot
318
Tax Year
2020
Tenant Pays
Trash Collection, Electricity, Water, Cable TV
Contact - Listing ID 6289332
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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