7141 N 19TH Avenue, Phoenix, AZ 85021 (MLS# 5668162)

7141 N 19TH Avenue, Phoenix, AZ 85021

$4,400,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $4,400,000 Last Modified: 12/29/2024

Overview

Description

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

Listing Details MLS# 5668162

Location, Tax & Legal

Map Code/Grid
N34
House Number
7141
Compass
N
Street Name
19TH
St Suffix
Avenue
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85021
Zip4
8514
County Code
Maricopa
Subdivision
WEST ORANGEWOOD
Assessor Number
157-16-020-A
Tax Year
2017
Assessor's Map #
16
Legal Description (Abbrev)
W ORANGEWOOD N 198F LOT 8 EX E 208F & EX W 7F & ALSO S 20F MYRTLE AVE LY ADJ N LI LOT 8 P/D 3316/196
Assessor's Parcel #
20
Assessor Parcel Ltr
A
Add'l Parcels
No
Tax Municipality
Maricopa - COUNTY
Census Tract
106100
Taxes
17446
Legal
W ORANGEWOOD N 198F LOT 8 EX E 208F & EX W 7F & ALSO S 20F MYRTLE AVE LY ADJ N LI LOT 8 P/D 3316/196
Marketing Name
Twillingate

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
1.92 Acres
Year Built
1973
Uncvrd Parking Spcs
17
Total # of Units
52
# of Buildings
4
Zoning
Pad-14
Elementary School District
Washington Elementary District
High School District
Glendale Union High School District

Remarks Misc

Cross Street
19th Ave & Myrtle Ave

Status Change Info

Off Market Date
2018-01-17
Under Contract Date
2018-01-17
Close of Escrow Date
2018-02-16

Legal Info

Township
2N
Range
3E
Section
6
Lot Number
8

More Information

Income Expenses

Net Operating Income
282026

1 Bedroom Units

# 1 Bedroom Units
32
Avg Rent
800
Avg SqFt
700
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
20
Avg Rent
925
Avg SqFt
900
# 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

51 - 99 Units
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Foam
Yes
Rolled
Yes

Floors

Vinyl
Yes
Ceramic Tile
Yes

Sale Includes

Building(s) Only
Yes
Land & Building
Yes
Personal Property
Yes
Pool Equipment
Yes
Other (See Remarks)
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
17446
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Pmt & Rate Info

Cap Rate
6.41
Down Payment
1320000
Equity
4400000
Down Payment %
30
Monthly Payments
0
Total Owed
0
Assessment Balance
0

Community Features

Pool
Yes
Manager Res/Office
Yes
Barbecue
Yes

Heating

Central
Yes

Cooling

Central Air
Yes
Individual
Yes

Exterior Amenities

Landscape Water System
Yes
Green Landscaping
Yes
Desert Landscaping
Yes
Partially Fenced
Yes
Patio/Balcony
Yes

Interior Features

Unfurnished
Yes
Vertical Blinds
Yes

Tenant Pays

None
Yes

Appliances Included

Dishwasher
Yes
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

On Street
Yes
>1 Space Per Unit
Yes
Paved
Yes
Assigned
Yes

Electric

SRP
Yes

Gas

Other (See Remarks)
Yes

Owner Pays

Water
Yes
Sewer
Yes
Electric
Yes
Gas
Yes
Trash Collection
Yes
Landscaping
Yes
Other
Yes
See Remarks
Yes

New Financing

Conventional
Yes
1031 Exchange
Yes

Existing 1st Loan

Treat as Free&Clear
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

None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Efficiency Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: 51 - 99 Units Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Foam; Rolled Floors: Vinyl; Ceramic Tile Sale Includes: Building(s) Only; Land & Building; Personal Property; Pool Equipment; Other (See Remarks) Community Features: Pool; Manager Res/Office; Barbecue Exterior Amenities: Landscape Water System; Green Landscaping; Desert Landscaping; Partially Fenced; Patio/Balcony Interior Features: Unfurnished; Vertical Blinds Appliances Included: Free-Standing Range; Refrigerator; Dishwasher Heating: Central Cooling: Individual; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: Other (See Remarks) Parking Features: On Street; >1 Space Per Unit; Assigned; Paved Road Surface Type: Asphalt Owner Pays: Water; Electric; Gas; Trash Collection; Landscaping; Other; See Remarks Tenant Pays: None Source of Fincl Data: Projected Proforma; Other (See Remarks) Existing 1st Loan: Treat as Free&Clear 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
Listing Office: Orion Investment Real Estate
IDX
Last Updated: December - 29 - 2024
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