$290,000
20616 N CAVE CREEK Road N, 112
Phoenix, AZ 85024
MLS# 6012425
Status: Closed



Front of property. Building B. End cap unit
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Front of property. Building B. End cap unit 20616 N CAVE CREEK Road N, 112, Phoenix, AZ 85024 Very close to loop 101 20616 N CAVE CREEK Road N, 112, Phoenix, AZ 85024 20616 N CAVE CREEK Road N, 112, Phoenix, AZ 85024 20616 N CAVE CREEK Road N, 112, Phoenix, AZ 85024 20616 N CAVE CREEK Road N, 112, Phoenix, AZ 85024 20616 N CAVE CREEK Road N, 112, Phoenix, AZ 85024 20616 N CAVE CREEK Road N, 112, Phoenix, AZ 85024 20616 N CAVE CREEK Road N, 112, Phoenix, AZ 85024 20616 N CAVE CREEK Road N, 112, Phoenix, AZ 85024 20616 N CAVE CREEK Road N, 112, Phoenix, AZ 85024 20616 N CAVE CREEK Road N, 112, Phoenix, AZ 85024 20616 N CAVE CREEK Road N, 112, Phoenix, AZ 85024 20616 N CAVE CREEK Road N, 112, Phoenix, AZ 85024 20616 N CAVE CREEK Road N, 112, Phoenix, AZ 85024 20616 N CAVE CREEK Road N, 112, Phoenix, AZ 85024 20616 N CAVE CREEK Road N, 112, Phoenix, AZ 85024 20616 N CAVE CREEK Road N, 112, Phoenix, AZ 85024 20616 N CAVE CREEK Road N, 112, Phoenix, AZ 85024 20616 N CAVE CREEK Road N, 112, Phoenix, AZ 85024 20616 N CAVE CREEK Road N, 112, Phoenix, AZ 85024

Property Description
Rare opportunity to purchase a built out office condominium in a highly desirable sub-market right off the loop 101 freeway. The End cap unit is 1,555 +/- SF High-End Professional Build-Out with tall ceilings. The build out includes 4 Offices (Each office has two rooms) Perfect owner user building with income from one of the offices being leased (contact listing agent for more information). Located right off the 101 Freeway Easy Access from Cave Creek Rd. & Frontage St. Close to the I-51, I-17, Shopping & Restaurants. This property will not last at the price. Buyer to verify all facts, figures, income, expenses, square footage and measurements.**

Details
Maps
Documents
Contract Info
Current Price: $290,000
Sold Price: $290,000
Status: Closed
List Date: 2019-12-05
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: K35
House Number: 20616
Compass: N
Street Name: CAVE CREEK
St Suffix: Road
St Dir Sfx: N
Unit #: 112
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85024
Zip4: 4451
Country: USA
County Code: Maricopa
Building Number: B
Legal Description (Abbrev): LOT B112 101 PLAZA NORTH OFFICE CONDOMINIUM AMENDED MCR 067843
Subdivision: 101 PLAZA NORTH OFFICE CONDOMINIUM AMENDED
Assessor's Map #: 8
Assessor's Parcel #: 141
Add'l Parcels: No
Assessor Number: 213-08-141
Census Tract: 614900
Legal: LOT B112 101 PLAZA NORTH OFFICE CONDOMINIUM AMENDED MCR 067843
Tax Municipality: Phoenix
Taxes: 4365
Tax Year: 2019
Marketing Name: 101 Plaza North Office
General Property Description
Type of Property: Office condominium
Ttl Apx SqFt Bldg: 1555
Ttl Apx Net Rnt Spc: 1555
# of Buildings: 1
Lot Size Dimensions: 60 Ft * 25 Ft
Year Built: 2004
Uncvrd Parking Spcs: 3
Zoning: C-2
Remarks & Misc
Cross Street: Loop 101 and Cave Creet
Directions: Northwest corner of the loop 101 & Cave Creek. Property is located behind the U-Haul
Geo Lat: 33.673112
Geo Lon: -112.032849
Status Change Info
Status Change Date: 2020-04-08
Off Market Date: 2020-04-08
Under Contract Date: 2020-03-08
Close of Escrow Date: 2020-04-07
Sold Price: $290,000
Legal Info
Township: 4N
Range: 3E
Section: 22
Lot Number: B112
Income & Expenses
Owner Association: Yes
Annual Ownr Asoc Fee: 4593.6
Operating Exp: 8958.6
Gross Annual Sch Inc: 6000
Adjusted Gross Inc: 6000
Pmt & Rate Info
Down Payment: 25
Equity: 305000
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Commercial; Office
Current Use: Office
Stories: 1 Story
Construction: Frame - Wood
Roofing: Other (See Remarks)
Floors: Concrete
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Natural Gas
Cooling: Central A/C
Loading Facilities: None
Interior: Finished; Fire Sprinklers; Smoke Detector(s); Private Restrooms
Exterior: Other (See Remarks)
Fencing: Block
Amenities: Other (See Remarks)
Parking: Paved Parking
Electric: APS
Gas: None
Water: City Franchise
Sewer: Sewer - Public
Freeway/Highway: Frontage; Up to 1 Mile; Other (See Remarks)
Lockbox Type: None
Source of Fincl Data: Provided by Owner; Projected Proforma
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Roads/Streets: Asphalt
Traffic Count: 25,001 to 35,000
Reports/Disclosures: None
Use Restrictions: CC&R's
Environmental: None; Other (See Remarks)
Supplements
Victoria Property Management is the Association. Currently $382.80 per month for unit plus $150.00 transfer fee.

Listing Office: Realty ONE Group

Last Updated: May - 23 - 2020

20616 N CAVE CREEK Road N, 112, Phoenix, AZ 85024 - MLS# 6012425
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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