7125 N 19TH Avenue, Phoenix, AZ 85021
$4,500,000

Property Type: Multiple Dwellings Status: Closed
Current Price: $4,500,000 Last Modified: 12/29/2024
Description
Drive by only. Please contact for showings and property tours.
More Information MLS# 5668147
Contract Info
Ownership: Fee Simple Current Price: $4,500,000 Sold Price: $4,500,000 Status: Closed List Date: 2017-10-02
Location, Tax & Legal
Assessor's Map #: 16 Legal Description (Abbrev): LOT 8 W ORANGEWOOD MCR 6/37 EX N 198F & EX S 165F & EX N 71F OF S 236F OF W 149F & EX W 7F & EX COM Assessor's Parcel #: 18 Assessor Parcel Ltr: E Add'l Parcels: No Tax Municipality: Maricopa - COUNTY Census Tract: 106100 Taxes: 23082 Legal: LOT 8 W ORANGEWOOD MCR 6/37 EX N 198F & EX S 165F & EX N 71F OF S 236F OF W 149F & EX W 7F & EX COM Marketing Name: Villa Ventura Map Code/Grid: N34 House Number: 7125 Compass: N Street Name: 19TH St Suffix: Avenue City/Town Code: Phoenix State/Province: AZ Zip Code: 85021 Zip4: 8509 County Code: Maricopa Subdivision: WEST ORANGEWOOD Assessor Number: 157-16-018-E Tax Year: 2017
General Property Description
# of Buildings: 11 Uncvrd Parking Spcs: 100 Lot Size Dimensions: 3.24 acres Total # of Units: 50 Elementary School District: Washington Elementary District High School District: Glendale Union High School District Year Built: 1970 Zoning: R-3
Legal Info
Range: 3E Section: 6 Township: 2N Lot Number: 8
Project Type
25 - 50 Units: 1
Construction
Block: 1
Const - Finish
Painted: 1 Stucco: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Sale Includes
Building(s) Only: 1 Land & Building: 1 Personal Property: 1 Pool Equipment: 1 Laundry Equipment: 1
Income & Expenses
Annual Elec Exp: 0 Annual Gas Exp: 0 Annual Ins Exp: 0 Annual Land Lse Exp: 0 Annual Landscape Exp: 0 Annual Legal & Acctg: 0 Annual Maint Exp: 0 Annual Mgmt Exp: 0 Annual Trash Exp: 0 Annual Wtr/Swr Exp: 0 Owner Association: No Annual Ownr Asoc Fee: 0 Annual PAD Fee: 0 Annual Rplcmnt Rsrvs: 0 Annual Other Expense: 0 Operating Exp: 23082 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0
Pmt & Rate Info
Cap Rate: 6.12 Down Payment: 1380000 Equity: 4600000 Down Payment %: 30 Monthly Payments: 0 Total Owed: 0 Assessment Balance: 0
Community Features
Pool: 1 Manager Res/Office: 1 Barbecue: 1
Heating
Individual: 1
Cooling
Individual: 1
Exterior Amenities
Landscape Water System: 1 Green Landscaping: 1 Partially Fenced: 1 Patio/Balcony: 1 Security Light(s): 1
Interior Features
Unfurnished: 1 Vertical Blinds: 1
Tenant Pays
Electricity: 1 Cable TV: 1
Appliances Included
Refrigerator: 1 Free-Standing Range: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Projected Proforma: 1 Other (See Remarks): 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
>1 Space Per Unit: 1 Paved: 1
Electric
SRP: 1
Gas
Other (See Remarks): 1
Owner Pays
Water: 1 Sewer: 1 Gas: 1 Trash Collection: 1 Landscaping: 1
New Financing
Conventional: 1 1031 Exchange: 1
Existing 1st Loan
Conventional: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Other (See Remarks): 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Contact Info
List Agent Home Phn: 480-887-0640
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 50 Avg Rent: 800 Avg SqFt: 910 # Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Conventional Closing Cost Split: Normal - N Payment Type: Other Buyer Concession to Seller: 0 Buyer Concession $/%: % Seller Concession to Buyer: 0 Seller Concession $/%: %
Remarks Misc
Cross Street: 19th Avenue & Myrtle Ave Geo Lat: 33.54122 Geo Lon: -112.098354
Status Change Info
Off Market Date: 2018-01-17 Under Contract Date: 2018-01-16 Close of Escrow Date: 2018-01-31 Sold Price: $4,500,000
Income Expenses
Net Operating Income: 281354
Property Features
Project Type: 25 - 50 Units Construction: Block Const - Finish: Painted; Stucco Roofing: Composition Floors: Ceramic Tile Sale Includes: Building(s) Only; Land & Building; Personal Property; Pool Equipment; Laundry Equipment Community Features: Pool; Manager Res/Office; Barbecue Exterior Amenities: Landscape Water System; Green Landscaping; Partially Fenced; Patio/Balcony; Security Light(s) Interior Features: Unfurnished; Vertical Blinds Appliances Included: Free-Standing Range; Refrigerator Heating: Individual Cooling: Individual Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: Other (See Remarks) Parking Features: >1 Space Per Unit; Paved Road Surface Type: Asphalt Owner Pays: Water; Gas; Trash Collection; Landscaping Tenant Pays: Electricity; Cable TV Source of Fincl Data: Projected Proforma; Other (See Remarks) Existing 1st Loan: Conventional Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional; 1031 Exchange Environmental: None
Documents
Listing Office: Orion Investment Real Estate

Last Updated: December - 29 - 2024
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