$1,122,400
Phoenix, AZ 85014
MLS# 6186032
Status: Pending
1 / 11
Property Description
Mixture of single story studio, spacious one bedrooms and two bedroom units spread on over 1/2 acre in buffered little community. Solid construction with excellent cash flow.
Details
Maps
Contract Info
Current Price: $1,122,400
List Price: $1,122,400
Status: Pending
List Date: 2021-01-26
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: P34
House Number: 4332
Compass: N
Street Name: LONGVIEW
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Zip4: 4534
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 8 BLOCK 2 MEADOWBROOK TRACT BLK 1 MCR 000709
Subdivision: MEADOWBROOK TRACT BLK 1
Assessor's Map #: 8
Assessor's Parcel #: 9
Add'l Parcels: No
Assessor Number: 155-08-009
Legal: LOT 8 BLOCK 2 MEADOWBROOK TRACT BLK 1 MCR 000709
Census Tract: 108602
Tax Municipality: Phoenix
Taxes: 3184
Tax Year: 2020
Marketing Name: Longview Apartments
General Property Description
Apx Lot Size Range: IRR
Year Built: 1965
Uncvrd Parking Spcs: 15
Total # of Units: 10
# of Buildings: 3
Zoning: R-4
Elementary School: Longview Elementary School
Jr. High School: Longview Elementary School
High School: Phoenix Union Bioscience High School
Elem School Dist #: 008 - Osborn Elementary District
High School Dist #: 210 - Phoenix Union High School District
Remarks & Misc
Cross Street: Indian School and Longview
Directions: North on Longview, over the canal, on the left
Geo Lat: 33.499384
Geo Lon: -112.054787
Status Change Info
Status Change Date: 2021-02-26
Off Market Date: 2021-02-26
Under Contract Date: 2021-02-26
Legal Info
Township: 2N
Range: 3E
Section: 21
Block: 2
Lot Number: 8
Income & Expenses
Annual Elec Exp: 3420
Annual Gas Exp: 1380
Annual Ins Exp: 3336
Annual Maint Exp: 2400
Annual Mgmt Exp: 3600
Annual Wtr/Swr Exp: 6720
Owner Association: No
Operating Exp: 24040
Gross Annual Sch Inc: 99414
Adjusted Gross Inc: 99414
Net Operating Income: 81374
Pmt & Rate Info
Cap Rate: 7.25
Equity: 1122400
Showing Instructions
To Schedule Showing: Contact Via Email
Primary Showing Contact: Listing Agent
ARMLS Lockbox: No
Efficiency Units
# Efficiency Units: 1
Avg Rent: 640
Avg SqFt: 350
# Baths: 1
1 Bedroom Units
# 1 Bedroom Units: 7
Avg Rent: 710
Avg SqFt: 550
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 825
Avg SqFt: 900
# Baths: 1
Property Features
Project Type: 5 - 12 Units
Construction: Block
Const - Finish: Painted
Roofing: Comp Shingle
Floors: Concrete; Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Amenities: No Pool
Appliances Included: F/S Oven/Range
Heating: Electric
Cooling: Electric Refrigeratd; Window/Wall Unit; Evaporative; Central A/C
Water: Master Meter
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking: >1 Space Per Unit
Roads/Streets: Asphalt
Owner Pays: Water
Tenant Pays: Water; Sewer; Landscaping
Source of Fincl Data: Provided by Owner; Projected Proforma
Existing 1st Loan: Treat as Free&Clear
New Financing: Conventional; 1031 Exchange
Reports/Disclosures: None
Environmental: None
Listing Office: Success Property Brokers
Last Updated: February - 27 - 2021
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Saturday 27th of February 2021 09:17 PM