$1,925,000
Casa Grande, AZ 85122
MLS# 7017183
1 / 21
Property Description
11 units, single story apartments with fenced back yard. Parking in front of units. 99% occupied. Great income maker. Close to main street to downtown, shopping and restaurants. Laundromat next door. Across the street from First American Credit Union and other small businesses.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $1,925,000
List Price: $1,925,000
Status: Active
List Date: 2026-04-21
Location, Tax & Legal
Assessor's Map #: 23
Legal Description (Abbrev): LOT 2 BLOCK 7 BENNETT'S SECOND ADDITION
Assessor's Parcel #: 76
Add'l Parcels: No
Tax Municipality: Casa Grande
Census Tract: 1500
Taxes: 5319
Legal: LOT 2 BLOCK 7 BENNETT'S SECOND ADDITION
Marketing Name: BENNETTS SECOND ADDITION
House Number: 415
Compass: W
Street Name: 10TH
St Suffix: Street
City/Town Code: Casa Grande
State/Province: AZ
Zip Code: 85122
Zip4: 3249
County Code: Pinal
Subdivision: BENNETT'S SECOND ADDITION
Assessor Number: 504-23-076
Tax Year: 2025
General Property Description
# of Buildings: 4
Uncvrd Parking Spcs: 12
Lot Size Dimensions: 200X140
Total # of Units: 11
Elementary School District: Casa Grande Elementary District
High School District: Casa Grande Union High School District
Year Built: 1984
Zoning: MULTI
Legal Info
Range: 06E
Section: 19
Township: 06S
Block: 7
Lot Number: 2-5
Project Type
5 - 12 Units: 1
Construction
Block: 1
Slump Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Laminate: 1
Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 373
Annual Gas Exp: 0
Annual Maint Exp: 1408
Annual Trash Exp: 4280
Annual Wtr/Swr Exp: 252
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 11632
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 152290
Total Monthly Rental Income: 13770
Pmt & Rate Info
Cap Rate: 7.27
Equity: 1925000
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
Forced Air: 1
Central: 1
Cooling
Central Air: 1
Electric: 1
Exterior Amenities
Desert Landscaping: 1
Fenced: 1
Cable TV Available: 1
Sidewalk(s): 1
Interior Features
Fire/Smoke Alarm(s): 1
Tenant Pays
Water: 1
Electricity: 1
Cable TV: 1
Appliances Included
Refrigerator: 1
Free-Standing Range: 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
Private: 1
Sewer
Sewer - Public: 1
Parking Features
1 Space/Unit: 1
Assigned: 1
Off Street: 1
Electric
APS: 1
Gas
None: 1
Owner Pays
Sewer: 1
Trash Collection: 1
New Financing
Cash: 1
Conventional: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 3
Avg Rent: 1050
Avg SqFt: 450
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 6
Avg Rent: 1350
Avg SqFt: 663
# Baths: 2
3 Bedrooms Units
# 3 Bedroom Units: 2
Avg Rent: 1400
Avg SqFt: 800
# Baths: 1
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Pinal Ave and 10th St
Directions: Pinal Ave to 10th St. West to property on the left, next to the laundromat
Geo Lat: 32.88217
Geo Lon: -111.758388
Income Expenses
Gross Annual Sch Inc: 152290
Net Operating Income: 139924
Property Features
Project Type: 5 - 12 Units
Construction: Block; Slump Block
Const - Finish: Painted
Roofing: Composition
Floors: Laminate; Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Fenced; Cable TV Available; Sidewalk(s)
Interior Features: Fire/Smoke Alarm(s)
Appliances Included: Free-Standing Range; Refrigerator
Heating: Forced Air; Central
Cooling: Electric; Central Air
Water Source: Private
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: 1 Space/Unit; Assigned; Off Street
Road Access Type: City Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Owner Pays: Trash Collection
Tenant Pays: Water; Electricity; Cable TV
Source of Fincl Data: Owner
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Cash; Conventional
Environmental: None
Listing Office: Elite Real Estate Pros
Last Updated: April - 21 - 2026
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