$795,000
Eloy, AZ 85131
MLS# 7025659
1 / 14
Property Description
Awesome opportunity to own your own investment property in growing Pinal County. This 13 unit property has 5 Studio and 8, 1Bedroom 1 bath apartments. Unique design with main hallway and exterior entrances. each unit has been updated as they become available. *small laundry room with coin operated washer and dryer on premises. **THERE IS A 1,263 S/F HOUSE ON THE LOT THAT HAS BEEN RED TAGED BY THE CITY OF ELOY. Perfect opportunity to tear down and build your own dream house while managing your 13 unit apartments! drive by only please do not disturb tenants
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $795,000
List Price: $795,000
Status: Active
List Date: 2026-05-08
Location, Tax & Legal
Assessor's Map #: 3
Legal Description (Abbrev): LOT 16 BLOCK 64 COTTON CITY (PROPER)
Assessor's Parcel #: 317
Add'l Parcels: No
Tax Municipality: Eloy
Census Tract: 2003
Taxes: 2339
Tax District: ELOY
Legal: LOT 16 BLOCK 64 COTTON CITY (PROPER)
Marketing Name: EL PALOAR
House Number: 206
Compass: N
Street Name: SUNSHINE
St Suffix: Boulevard
City/Town Code: Eloy
State/Province: AZ
Zip Code: 85131
Zip4: 2103
Country: US
County Code: Pinal
Subdivision: COTTON CITY (PROPER)
Assessor Number: 405-03-317
Tax Year: 2025
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 20
Lot Size Dimensions: 150x155
Total # of Units: 13
Elementary School District: Eloy Elementary District
High School District: Santa Cruz Valley Union High School District
Elementary School: Eloy Intermediate School
Jr. High School: Eloy Intermediate School
High School: Santa Cruz Valley Union High School
Year Built: 1952
Zoning: C-1
Legal Info
Range: 08E
Section: 06
Township: 08S
Block: 64
Lot Number: 16
Project Type
13 - 24 Units: 1
Other Type
House + Rental Units: 1
Construction
Block: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Composition: 1
Floors
Laminate: 1
Ceramic Tile: 1
Carpet: 1
Sale Includes
Land & Building: 1
Laundry Equipment: 1
Income & Expenses
Annual Elec Exp: 15765
Annual Ins Exp: 4800
Annual Wtr/Swr Exp: 8527
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 31431
Other Income: 150
Vacancy Allowance: 0.01
Adjusted Gross Inc: 126621
Total Monthly Rental Income: 11220
Pmt & Rate Info
Cap Rate: 12.41
Equity: 795000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Text: 1
Phone Call: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Other: 1
Cooling
Window/Wall Unit: 1
Exterior Amenities
Desert Landscaping: 1
Fenced: 1
RV/Boat Parking: 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Mini Blinds: 1
Tenant Pays
Cable TV: 1
Appliances Included
Free-Standing Electric Oven: 1
Refrigerator: 1
Road Access Type
City Street: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Road Responsibility
City Maintained Road: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
1 Space/Unit: 1
Assigned: 1
RV Access/Parking: 1
Electric
APS: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
Electric: 1
Trash Collection: 1
New Financing
Cash: 1
Conventional: 1
Other (See Remarks): 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
# Efficiency Units: 5
Avg Rent: 750
Avg SqFt: 250
# Baths: 1
1 Bedroom Units
# 1 Bedroom Units: 8
Avg Rent: 950
Avg SqFt: 300
# Baths: 1
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: SUNSHINE AND FRONTIER
Directions: NORTH ON FRONTIER TO SUNSHINE BLVD, NORTH TO PROPERTY ON LEFT.
Geo Lat: 32.751509
Geo Lon: -111.550866
Income Expenses
Gross Annual Sch Inc: 127750
Net Operating Income: 98658
Property Features
Project Type: 13 - 24 Units
Other Type: House + Rental Units
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Laminate; Ceramic Tile; Carpet
Sale Includes: Land & Building; Laundry Equipment
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Fenced; RV/Boat Parking
Interior Features: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds
Appliances Included: Free-Standing Electric Oven; Refrigerator
Heating: Other
Cooling: Window/Wall Unit
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: 1 Space/Unit; Assigned; RV Access/Parking
Road Access Type: City Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Owner Pays: Water; Electric; Trash Collection
Tenant Pays: Cable TV
Source of Fincl Data: Owner
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional; Other (See Remarks)
Environmental: None
Listing Office: Elite Real Estate Pros
Last Updated: May - 08 - 2026
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