7125 N 19TH Avenue, Phoenix, AZ 85021 (MLS# 5668147)

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

Overview

Description

Drive by only. Please contact for showings and property tours.

Listing Details MLS# 5668147

Location, Tax & Legal

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
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

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
3.24 acres
Year Built
1970
Uncvrd Parking Spcs
100
Total # of Units
50
# of Buildings
11
Zoning
R-3
Elementary School District
Washington Elementary District
High School District
Glendale Union High School District

Remarks Misc

Cross Street
19th Avenue & Myrtle Ave

Status Change Info

Off Market Date
2018-01-17
Under Contract Date
2018-01-16
Close of Escrow Date
2018-01-31

Legal Info

Township
2N
Range
3E
Section
6
Lot Number
8

More Information

Income Expenses

Net Operating Income
281354

2 Bedroom Units

# 2 Bedroom Units
50
Avg Rent
800
Avg SqFt
910
# Baths
Yes

Contact Info

List Agent Home Phn
480-887-0640

Sold Info

Loan Type
Conventional
Payment Type
Other
Closing Cost Split
Normal - N
Buyer Concession $/%
%
Seller Concession $/%
%
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

25 - 50 Units
Yes

Construction

Block
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Composition
Yes

Floors

Ceramic Tile
Yes

Sale Includes

Building(s) Only
Yes
Land & Building
Yes
Personal Property
Yes
Pool Equipment
Yes
Laundry Equipment
Yes

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
Yes
Manager Res/Office
Yes
Barbecue
Yes

Heating

Individual
Yes

Cooling

Individual
Yes

Exterior Amenities

Landscape Water System
Yes
Green Landscaping
Yes
Partially Fenced
Yes
Patio/Balcony
Yes
Security Light(s)
Yes

Interior Features

Unfurnished
Yes
Vertical Blinds
Yes

Tenant Pays

Electricity
Yes
Cable TV
Yes

Appliances Included

Refrigerator
Yes
Free-Standing Range
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Projected Proforma
Yes
Other (See Remarks)
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

>1 Space Per Unit
Yes
Paved
Yes

Electric

SRP
Yes

Gas

Other (See Remarks)
Yes

Owner Pays

Water
Yes
Sewer
Yes
Gas
Yes
Trash Collection
Yes
Landscaping
Yes

New Financing

Conventional
Yes
1031 Exchange
Yes

Existing 1st Loan

Conventional
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

Other (See Remarks)
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

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
IDX
Last Updated: December - 29 - 2024
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