Ownership: Fee Simple Current Price: $4,800,000 Sold Price: $4,800,000 Status: Closed List Date: 2021-02-25
Assessor's Map #: 23 Assessor's Parcel #: 49 Add'l Parcels: Yes Tax Municipality: Maricopa - COUNTY Taxes: 9132 Legal: will be provided in escrow Marketing Name: TRULLIES Map Code/Grid: P37 House Number: 7910-7920 Compass: E Street Name: Wilshire St Suffix: Drive City/Town Code: Scottsdale State/Province: AZ Zip Code: 85257 County Code: Maricopa Subdivision: Trullies Condominiums Assessor Number: 131-23-049 Tax Year: 2020
# of Buildings: 2 Uncvrd Parking Spcs: 0 Lot Size Dimensions: unknown Flood Zone: No Total # of Units: 12 Elementary School District: Scottsdale Unified District High School District: Scottsdale Unified District Elementary School: Pima Elementary School Jr. High School: Supai Middle School Year Built: 1984 Zoning: Multi Family
Ceramic Tile: 1 Carpet: 1
Land & Building: 1 Personal Property: 1 Pool Equipment: 1 Laundry Equipment: 1
Annual Elec Exp: 23000 Annual Gas Exp: 7000 Annual Ins Exp: 7000 Annual Land Lse Exp: 0 Annual Landscape Exp: 18000 Annual Legal & Acctg: 10000 Annual Maint Exp: 14000 Annual Mgmt Exp: 20000 Annual Trash Exp: 12000 Annual Wtr/Swr Exp: 18000 Owner Association: No Annual Ownr Asoc Fee: 0 Annual PAD Fee: 0 Annual Rplcmnt Rsrvs: 0 Annual Other Expense: 36000 Operating Exp: 174132 Other Income: 2400 Vacancy Allowance: 0.19 Adjusted Gross Inc: 410184
Cap Rate: 5.25 Equity: 4500000 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0 Assessment Balance: 0
Heated Pool(s): 1 Heated Spa(s): 1 Manager Res/Office: 1 Barbecue: 1 Other: 1 See Remarks: 1
Landscape Water System: 1 Green Landscaping: 1 Fenced: 1 Cable TV Available: 1 Sidewalk(s): 1 Patio/Balcony: 1 Separate Storage: 1 Security Light(s): 1
Furnished: 1 Fire/Smoke Alarm(s): 1 Vertical Blinds: 1 Mini Blinds: 1 Breakfast Bar: 1
Electricity: 1 Cable TV: 1
Dishwasher: 1 Disposal: 1 Microwave: 1 Refrigerator: 1 Free-Standing Range: 1 Washer/Dryer: 1
Owner: 1 Books Shwn Accpt Ofr: 1
Garage: 1 >1 Space Per Unit: 1 Paved: 1 Add'l Parking Avail: 1
SRP: 1 Individual Meter: 1
SW Gas: 1 Master Meter: 1
Water: 1 Sewer: 1 Gas: 1 Trash Collection: 1 Landscaping: 1 Pool Maintenance: 1
List Agent Home Phn: 480-215-4314 List Agent Hme Phn 2: 602-989-2343 List Agent Cell Phn2: 480-215-4314
# 2 Bedroom Units: 8 Avg Rent: 4000 Avg SqFt: 980 # Baths: 2
# 4 Bedroom Units: 2 Avg Rent: 0 Avg SqFt: 1960 # Baths: 4
Loan Type: Other Closing Cost Split: Normal - N Payment Type: Other Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $
Cross Street: Hayden & Thomas Directions: From the 101 go West on Thomas to Hayden, turn (L) South on Hayden to Wilshire and turn (R) West. The property is the second complex on the north side of Wilshire Geo Lat: 33.476526 Geo Lon: -111.910397
Off Market Date: 2021-06-03 Under Contract Date: 2021-04-12 Close of Escrow Date: 2021-06-23 Sold Price: $4,800,000
Gross Annual Sch Inc: 504000 Net Operating Income: 236052
Project Type: 5 - 12 Units Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Built-Up Floors: Ceramic Tile; Carpet Sale Includes: Land & Building; Personal Property; Pool Equipment; Laundry Equipment Community Features: Heated Pool(s); Heated Spa(s); Manager Res/Office; Barbecue; Other; See Remarks Exterior Amenities: Landscape Water System; Green Landscaping; Fenced; Cable TV Available; Sidewalk(s); Patio/Balcony; Separate Storage; Security Light(s) Interior Features: Furnished; Fire/Smoke Alarm(s); Vertical Blinds; Mini Blinds; Breakfast Bar Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Central Cooling: Central Air Water Source: Master Meter Sewer: Sewer - Public Electric: SRP; Individual Meter Gas: SW Gas; Master Meter Parking Features: Garage; >1 Space Per Unit; Add'l Parking Avail; Paved Road Surface Type: Asphalt; Concrete Owner Pays: Water; Gas; Trash Collection; Landscaping; Pool Maintenance Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner; Books Shwn Accpt Ofr Status Update: Multiple Offers Recd Lockbox Type: None 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 Environmental: None