Listing ID6393426
Price$2,500,000
StatusActive
CountyMaricopa
Year Built1955
Property TypeMultifamily Residential
Property Sub Type5 - 12 Units
The vintage 1950's architecture, and mature palm trees give the exterior of this amazing investment opportunity a mid-century vibe. This 11-unit apartment complex provides one, two bedroom; six, one bedroom; and four studio units perfectly located in the heart of Wickenburg!!. No stairs! All units are conveniently ground level and some units have their own private and fenced backyards. Common areas include a laundry room, covered patio with seating, large palo verde shade trees, and lawn space. Currently used as long term rentals but add some furniture and you now have excellent short-term vacation rentals with a potential for even bigger returns. The expansive, 16-space parking lot provides plenty of parking for tenants and visitors alike. Don't miss out! Schedule a showing today!!
County
Maricopa
Property Sub Type
5 - 12 Units
Property Type
Multifamily Residential
Year Built
1955
Zoning
C-3
1 Bedroom Units
6
1 Bedroom Units: Average SqFt
650
1 Bedroom Units: Number of Baths
1
2 Bedroom Units
1
2 Bedroom Units: Average SqFt
900
2 Bedroom Units: Number of Baths
1
Appliances Included
Other (See Remarks)
Average SqFt
450
Baths
1
Cooling
Window/Wall Unit
Efficiency Units
4
Floors
Vinyl
Heating
Natural Gas
Total Units
11
Construction
Block
Exterior Finish
Painted
Lot Size Dimensions
201x201
Parking
Paved Parking
Roads/Streets
Dedicated Street
Roofing
Built-Up
Total Parking Spaces
16
Country
USA
Cross Street
Wickenburg Way and Mariposa
Elementary School
Hassayampa Elementary School
High School
Wickenburg High School
Jr. High School
Vulture Peak Middle School
Map Code/Grid
B21
Range
5W
Section
34
Township
8N
Community Amenities
No Pool, Other, See Remarks
Electric
APS
Entry Timestamp
2022-05-03T16:38:40+00:00
Gas
SW Gas
Marketing Name
Circle J-R Apartments
Owner Association
No
Sewer
Sewer - Public
Water
City Franchise
1 Bedroom Units: Average Rent
850
2 Bedroom Units: Average Rent
1100
Average Rent
750
Contingency Type
No
Financial Data Source
Provided by Owner
New Financing
Seller May Carry
Operating Expense
1104
Owner Pays
Electric, Gas, Sewer, Trash Collection, Water
Sale Includes
Land & Building, Laundry Equipment
Tax Municipality
Wickenburg
Taxes
1104
Tenant Pays
Cable TV
Contact - Listing ID 6393426
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
Data services provided by IDX Broker
