$935,000
Fountain Hills, AZ 85268
MLS# 6311953
Status: Closed
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Property Description
Wonderful Fountain Hills Office Building 100% Occupied! Great Income Investment opportunity with 7737 Sq Ft with 8 separate 100% fully occupied Suites! Well maintained Building with New Roof! Entire Building Repainted! Newer AC Units! Convenient exterior Elevator which is serviced regularly Great location just a few blocks from Scenic 500 ft Fountain!
Details
Maps
Contract Info
Current Price: $935,000
Sold Price: $935,000
Status: Closed
List Date: 2021-10-23
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: M41
House Number: 12035
Compass: N
Street Name: Saguaro
St Suffix: Boulevard
City/Town Code: Fountain Hills
State/Province: AZ
Zip Code: 85268
Zip4: 4683
County Code: Maricopa
Subdivision: Fountain Hills C 3
Assessor Number: 176-08-119
Tax Year: 2021
General Property Description
Type of Property: Commercial Business & Offices
Ttl Apx SqFt Bldg: 7737
# of Buildings: 2
Year Built: 1986
Uncvrd Parking Spcs: 21
Zoning: C 3
Flood Zone: No
Remarks Misc
Cross Street: Saguaro & Shea
Directions: North on Saguaro
Geo Lat: 33.596103
Geo Lon: -111.715744
Status Change Info
Off Market Date: 2022-03-08
Under Contract Date: 2022-03-02
Close of Escrow Date: 2022-04-06
Sold Price: $935,000
Legal Info
Lot Number: 21
Income Expenses
Gross Annual Sch Inc: 84000
Net Operating Income: 64894
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Commercial; Office
Business Type: Mixed; Service Business; Professional/Office; Retail
Stories: 2 Stories
Construction: Stucco; Wood Frame
Roofing: Built-Up; Tile
Floors: Concrete; Ceramic Tile; Carpet
Ceiling Height: 8.1 Feet to 10 Feet; 10.1 Feet to 12 Feet
Cooling: Heat Pump
Loading Facilities: Grade Level
Interior: Finished; Fire Sprinklers; Smoke Detector(s); Public Restrooms
Exterior: Building Sign; Monument Sign; Security Light(s)
Fencing: Block
Amenities: Public Elevator(s)
Parking Features: Free; Parking Lot; Paved
Electric: SRP
Gas: None
Water Source: Private
Sewer: Sewer - Public; Sewer-In & Connected
New Financing: Cash Only; Owner May Carry
Showing Notification Methods: Email
Lockbox Type: None
Source of Fincl Data: Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Traffic Count: Up to 5,000
Use Restrictions: Currently Leased
Environmental: None
Listing Office: Elite Partners
Last Updated: March - 14 - 2023
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