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

Last Updated: December - 29 - 2024
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