$4,050,000
Phoenix, AZ 85018
MLS# 6614751
1 / 26
Details
Maps
Contract Info
Current Price: $4,050,000
List Price: $4,050,000
Status: Active
List Date: 2023-10-05
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 3025
Compass: N
Street Name: 38th
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85018
Country: USA
County Code: Maricopa
Assessor's Map #: 21
Assessor's Parcel #: 17
Add'l Parcels: No
Assessor Number: 127-21-017
Legal: CITRUS ACRES
Tax Municipality: Maricopa - COUNTY
Taxes: 14343
Tax Year: 2023
Marketing Name: Estilo
General Property Description
Lot Size Dimensions: 40,408 sq ft.
Year Built: 1971
Uncvrd Parking Spcs: 12
Total # of Units: 15
# of Buildings: 7
Zoning: R-3
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Geo Lat: 33.483176
Geo Lon: -111.999251
Status Change Info
Status Change Date: 2023-10-06
Legal Info
Lot Number: 88
Income & Expenses
Annual Elec Exp: 9967
Annual Ins Exp: 5625
Annual Landscape Exp: 3750
Annual Legal & Acctg: 8021
Annual Maint Exp: 6750
Annual Mgmt Exp: 13022
Owner Association: No
Annual Rplcmnt Rsrvs: 4500
Annual Other Expense: 1875
Operating Exp: 67853
Gross Annual Sch Inc: 286548
Other Income: 20026
Vacancy Allowance: 0.05
Adjusted Gross Inc: 291245.3
Net Operating Income: 218528
Pmt & Rate Info
Cap Rate: 5.08
Equity: 4300000
Showing Notification Methods
Showing Service: Aligned Showings
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 1400
Avg SqFt: 700
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 14
Avg Rent: 1600
Avg SqFt: 880
# Baths: 14
Property Features
Project Type: 13 - 24 Units
Construction: Block
Const - Finish: Stucco
Roofing: Comp Shingle
Floors: Concrete
Sale Includes: Land & Building
Community Amenities: Pool; Barbecue
Exterior Amenities: Green Landscaping; Fenced
Appliances Included: BI Oven/Range; Dishwasher; Microwave; Washer/Dryer
Cooling: Ceiling Fan(s); Electric
Water: Master Meter
Sewer: Sewer - Public
Electric: SRP; Individual Meter
Gas: SW Gas
Parking: >1 Space Per Unit
Roads/Streets: Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electric
Source of Fincl Data: Provided by Owner; Projected Proforma
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
New Financing: Conventional; Seller May Carry; 1031 Exchange
Reports/Disclosures: None
Environmental: None
Listing Office: Marcus & Millichap
Last Updated: January - 30 - 2024
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