Listing ID6382587
Price$10,750,000
StatusActive
CountyMaricopa
SubdivisionMILLER SQUARE CONDOMINIUM
Year Built2019
Property TypeMultifamily Residential
Property Sub Type5 - 12 Units
Gorgeous Luxury Condos in Old Town Scottsdale adjacent to Scottsdale Stadium. Perfect for Airbnb that bring in up to $9000/month or $4500-$6500\month for long term rentals. Whole complex is for sale. Each unit has 3 bed, 3.5 bath, 2 car garage, and a private elevator. community pool. Tile or wood floors. Thermador appliances. Ring doorbells. Tesla chargers. Large granite slabs in the kitchens and tons of custom cabinetry.
County
Maricopa
Property Sub Type
5 - 12 Units
Property Type
Multifamily Residential
Subdivision
MILLER SQUARE CONDOMINIUM
Year Built
2019
Zoning
Condominium
3 Bedrooms Units
10
3 Bedrooms Units: Average SqFt
2000
3 Bedrooms Units: Number of Baths
3
Appliances Included
BI Oven/Range, Dishwasher, Disposal, Microwave, W/D Hookup
Cooling
Heat Pump
Floors
Concrete
Heating
Natural Gas
Interior Amenities
Elevator(s), Unfurnished
Total Units
10
Construction
Frame - Wood
Covered Parking Spaces
20
Exterior Amenities
Landscape Wtr System
Exterior Finish
Painted, Stucco
Lot Size Dimensions
300x600
Parking
Garage
Roads/Streets
Asphalt
Roofing
Foam
Total Parking Spaces
22
Country
USA
Cross Street
Miller and Osborn
High School District Number
048 - Scottsdale Unified District
Lot Number
1002
Map Code/Grid
P37
Range
4E
School District
048 - Scottsdale Unified District
Section
26
Township
2N
Community Amenities
Heated Pool(s)
Electric
APS
Entry Timestamp
2022-04-12T17:10:28+00:00
Gas
SW Gas
Marketing Name
Miller Square
Owner Association
Yes
Sewer
Sewer - Public
Water
City Franchise
3 Bedrooms Units: Average Rent
6500
Adjusted Gross Income
678000
Annual Electric Expense
17350
Annual Gas Expense
2000
Annual Insurance Expense
11529
Annual Landscape Expense
3600
Annual Other Expense
2000
Annual Owner Association Fee
42000
Annual Trash Expense
2400
Annual Water/Sewer Expense
3500
Contingency Type
No
Financial Data Source
Provided by Owner
Gross Annual Scheduled Income
678000
Net Operating Income
590185
New Financing
1031 Exchange, Conventional, Seller May Carry
Operating Expense
87106
Owner Pays
Electric, Landscaping, Trash Collection, Water
Sale Includes
Building(s) Only
Tax Municipality
Scottsdale
Taxes
2727
Tenant Pays
None
Contact - Listing ID 6382587
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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