$485,000
16844 E AVE OF THE FOUNTAINS
Fountain Hills, AZ 85268
MLS# 5927468
Status: Closed



16844 E AVE OF THE FOUNTAINS, Fountain Hills, AZ 85268
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Property Description
• Fountain Hills Office Building • $600,000 ($125 PSF) - Includes 1-year rent guarantee • Four Built-Out Office Suites (1,200 SF ea) • Seller Carry Opportunity Available • Pristine Landscaping • Views of the Fountain • Ample Parking • Near Retail and Business Amenities • Great Downtown Location

Details
Maps
Contract Info
Current Price: $485,000
Sold Price: $485,000
Status: Closed
List Date: 2019-05-17
Ownership: Other (See Remarks)
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: L41
House Number: 16844
Compass: E
Street Name: AVE OF THE FOUNTAINS
St Suffix: --
City/Town Code: Fountain Hills
State/Province: AZ
Zip Code: 85268
Zip4: 8448
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 11 BLOCK 6 FOUNTAIN HILLS AZ FP 208 BLK 5-8 MCR 014404
Subdivision: FOUNTAIN HILLS AZ FP 208 BLK 5-8
Assessor's Map #: 6
Assessor's Parcel #: 75
Add'l Parcels: Yes
Assessor Number: 176-06-075
Census Tract: 216818
Legal: LOT 11 BLOCK 6 FOUNTAIN HILLS AZ FP 208 BLK 5-8 MCR 014404
Tax Municipality: Fountain Hills
Taxes: 3312
Tax Year: 2018
General Property Description
Ttl Apx SqFt Bldg: 4800
# of Buildings: 1
Year Built: 1986
Uncvrd Parking Spcs: 100
Zoning: C-2
Remarks & Misc
Cross Street: N Saguaro Blvd & E Palisades Blvd
Geo Lat: 33.604145
Geo Lon: -111.716627
Status Change Info
Status Change Date: 2021-10-01
Off Market Date: 2021-05-03
Under Contract Date: 2021-04-12
Close of Escrow Date: 2021-10-01
Sold Price: $485,000
Legal Info
Township: 3N
Range: 6E
Section: 14
Lot Number: 11
Income & Expenses
Owner Association: No
Operating Exp: 3312
Net Operating Income: 48000
Pmt & Rate Info
Cap Rate: 8
Equity: 600000
Sold Info
Loan Type: Other
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Office
Current Use: Office
Stories: 1 Story
Construction: Other (See Remarks)
Roofing: Other (See Remarks)
Floors: Other
Ceiling Height: 10.1 Feet to 12 Feet
Heating: Other; See Remarks
Cooling: Other; See Remarks
Loading Facilities: Other (See Remarks)
Interior: Other (See Remarks)
Fencing: Other; See Remarks
Parking: Public Parking; Paved Parking
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Water: Other; See Remarks
Sewer: Other (See Remarks)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Source of Fincl Data: Other (See Remarks)
Reports/Disclosures: Other (See Remarks)
Environmental: Other (See Remarks)

Listing Office: The Menlo Group Commercial Real Estate

Last Updated: October - 01 - 2021

16844 E AVE OF THE FOUNTAINS, Fountain Hills, AZ 85268 - MLS# 5927468
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