For more information on this property,
contact Michael Bohlman at 480-797-3800 or mbohlman@outlook.com
11125
S
HIGHWAY 87,
Eloy,
Arizona
AZ
85131-9105
Sold For: $2,150,000
Listing ID 6373408
Status Closed
Year Built 1951
Property Description:
Cash Flow immediately! 50 stalls for horse boarding, 15 spaces in the RV Park. Live on site in a beautiful home or rent the house too! Yard and home are often requested for weddings and events - value add! Host ropings or other equine events onsite in the 2 arenas as well like the current owners! Concession stand on site, tack shop on site... this property makes money. Don't wait.
Primary Features
County:
Pinal
Property Type:
Multiple Dwellings
Subdivision:
S27 T7S R8E
Year Built:
1951
Zoning:
C3
Interior
3 Bedrooms Units # Baths:
25
3 Bedrooms Units Avg SqFt:
2816
Cooling:
yes
Flooring:
Ceramic Tile
Heating:
yes
Location
Community Features:
Barbecue, Manager Res/Office, No Pool
Country:
US
Elementary School District:
Picacho Elementary District
General Property Description Elementary School District2:
Picacho Elementary District
General Property Description High School District:
Coolidge Unified District
High School District:
Coolidge Unified District
Postal City:
Eloy
Township:
07S
Water Source:
City Franchise, Wtr Rghts Grndfthrd, Irrigation
External
Attached Garage:
no
Construction Materials:
Painted, Block, Frame - Wood
Covered Spaces:
8
Electric:
City Electric
Garage:
yes
General Property Description # of Buildings:
4
General Property Description Lot Size Dimensions:
1127.99 x 359.38
General Property Description Total # of Units:
16
General Property Description Uncvrd Parking Spcs:
50
Lot Size Dimensions:
1127.99 x 359.38
Number Of Buildings:
4
Number Of Units Total:
16
Open Parking Spaces:
50
Parking Carport:
1
Parking Features:
RV/Boat Parking, Add'l Parking Avail, Common
Parking Garage:
1
Parking Total:
58
Road Surface Type:
Gravel, Asphalt
Roof:
Metal
Sewer:
Septic Tank
Water Irrigation:
1
Additional
Buyer Agency Compensation:
2.25
Mls Status:
Closed
Public Survey Range:
08E
Public Survey Section:
27
Financial
3 Bedrooms Units Avg Rent:
1900
Cap Rate:
13.91
Disclosures:
Seller Prop Disc Stm, Appraisal
Gross Income:
347800
Gross Scheduled Income:
130000
Listing Terms:
Conventional, Owner May Carry
Net Operating Income:
347800
Operating Expense:
1376
Owner Pays:
Electricity, Trash Collection, Water, Landscaping
Tax Annual Amount:
1376
Tax Book Number:
401.00
Tax Lot:
n/a
Tax Year:
2021
Tenant Pays:
Gas, Cable TV
Zoning Info
Contact - Listing ID 6373408
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
Data services provided by IDX Broker
