$825,000
Yuma, AZ 85365
MLS# 6666622
Status: UCB (Under Contract-Backups)
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Property Description
Cozy Yuma Villa style apartments. Spacious kitchens with expansive living room transition flow, tranquil patio views, dual split oversized bedrooms, ample off street parking, mountain views, nearby schools and walking distance to the Yuma shopping Mall, great location and more! 3 freestanding duplexes and one huge house with extremely large bedrooms. Owner pays water and trash. Separately metered electric. 2 new septic tanks with new leach lines done in 2021. New exterior paint done to all units in 2022, and 4 units new interior paint in 2022. **seller Financing offered **
Details
Maps
Contract Info
Current Price: $825,000
List Price: $825,000
Status: UCB (Under Contract-Backups)
List Date: 2024-02-20
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 2305
Compass: E
Street Name: 15TH
St Suffix: Street
City/Town Code: Yuma
State/Province: AZ
Zip Code: 85365
Zip4: 1854
Country: USA
County Code: Yuma
Legal Description (Abbrev): SECTION: 26 TOWNSHIP: 08S RANGE: 23W S 107.41FT OF W 213 FT NW4 SE4 SW4
Subdivision: S26 T8S R23W
Assessor's Map #: 26
Assessor's Parcel #: 7
Add'l Parcels: No
Assessor Number: 666-26-007
Legal: SECTION: 26 TOWNSHIP: 08S RANGE: 23W S 107.41FT OF W 213 FT NW4 SE4 SW4
Census Tract: 10913
Tax Municipality: Yuma - COUNTY
Taxes: 1431
Tax Year: 2022
Marketing Name: Gila Valley Apartments
General Property Description
Lot Size Dimensions: 22,870
Year Built: 1968
Uncvrd Parking Spcs: 5
Total # of Units: 7
# of Buildings: 4
Zoning: residential
Elementary School District: Yuma Elementary District
High School District: Yuma Union High School District
Remarks & Misc
Cross Street: Pacific Ave and 15th St.
Directions: North on Pacific Ave Right on E 15th St. Units will be on the right hand side towards the end of the street.
Geo Lat: 32.700594
Geo Lon: -114.594171
Status Change Info
Status Change Date: 2024-04-10
UCB or CCBS: UCB (Under Contract-Backups)
Legal Info
Township: 08S
Range: 23W
Section: 26
Lot Number: S26 T8S R23W
Income & Expenses
Annual Trash Exp: 2160
Annual Wtr/Swr Exp: 1440
Owner Association: No
Operating Exp: 5031
Gross Annual Sch Inc: 76140
Vacancy Allowance: 0.05
Adjusted Gross Inc: 72333
Net Operating Income: 71109
Pmt & Rate Info
Cap Rate: 7.9
Equity: 900000
Showing Notification Methods
Showing Service: Aligned Showings
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 1400
Avg SqFt: 900
# Baths: 2
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 3700
Avg SqFt: 2988
# Baths: 4
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 1295
Avg SqFt: 1350
# Baths: 2
Property Features
Project Type: 5 - 12 Units
Other Type: House + Rental Units
Construction: Frame - Wood
Const - Finish: Stucco
Roofing: Comp Shingle
Floors: Ceramic Tile
Sale Includes: Land & Building; Personal Property
Community Amenities: No Pool
Appliances Included: F/S Oven/Range; Refrigerator
Heating: Wall Furnace
Cooling: Ceiling Fan(s); Window/Wall Unit; Central A/C
Water: City Franchise
Sewer: Septic Tank
Electric: APS
Gas: SW Gas
Parking: Carport; Street Parking; 1 Space/Unit; Add'l Parking Avail
Roads/Streets: Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electric; Gas
Source of Fincl Data: Provided by Owner
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Existing 1st Loan: Conventional
New Financing: VA; FHA; Conventional; Seller May Carry; 1031 Exchange
Reports/Disclosures: None
Environmental: None
Listing Office: DeLex Realty
Last Updated: April - 10 - 2024
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