For more information on this property, contact Michael Bohlman at 480-797-3800 or mbohlman@outlook.com

9797 E LA PALMA Avenue
Gold Canyon, Arizona AZ 85118-7324
Sold For: $585,000
Listing ID 6289332
Status Closed
Year Built 1984

Property Description:

**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.

Primary Features

County: Pinal
Property Type: Multiple Dwellings
Subdivision: GOLDEN SPRINGS II
Year Built: 1984
Zoning: R

Interior

2 Bedroom Units # Baths: 2
2 Bedroom Units Avg SqFt: 1100
Cooling: Central A/C, Ceiling Fan(s)
Cooling: yes
Heating: Electric
Heating: yes

Location

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

External

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

Additional

Buyer Agency Compensation: 2.50
Mls Status: Closed
Public Survey Range: 09E
Public Survey Section: 09

Financial

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

Zoning Info


Contact - Listing ID 6289332

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Michael Bohlman

2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800

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