9502 N 15TH Avenue OFC, Phoenix, AZ 85021
$8,300,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $8,300,000 Last Modified: 3/06/2025
More Information MLS# 6155883
Contract Info
Ownership: Fee Simple Current Price: $8,300,000 Sold Price: $8,300,000 Status: Closed List Date: 2020-11-03
Location, Tax & Legal
Unit #: OFC Assessor's Map #: 23 Legal Description (Abbrev): N2 N2 SE4 NE4 SW4 & N2 N2 S2 N2 SE4 NE4 SW4 EX E 33F RD & EX W 25F RD Assessor's Parcel #: 24 Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 104501 Taxes: 33554 Legal: N2 N2 SE4 NE4 SW4 & N2 N2 S2 N2 SE4 NE4 SW4 EX E 33F RD & EX W 25F RD Marketing Name: Contempo 15 Map Code/Grid: M34 House Number: 9502 Compass: N Street Name: 15TH St Suffix: Avenue City/Town Code: Phoenix State/Province: AZ Zip Code: 85021 Zip4: 0800 County Code: Maricopa Assessor Number: 158-23-024 Tax Year: 2020
General Property Description
# of Buildings: 9 Uncvrd Parking Spcs: 143 Lot Size Dimensions: - Total # of Units: 92 Elementary School District: Washington Elementary District High School District: Glendale Union High School District Year Built: 1984 Zoning: r4 MH
Legal Info
Range: 3E Section: 30 Township: 3N Lot Number: -
Project Type
51 - 99 Units: 1
Other Type
Other (See Remarks): 1
Construction
Other: 1
Const - Finish
Other (See Remarks): 1
Roofing
Other: 1
Floors
Other: 1
Sale Includes
Building(s) Only: 1 Personal Property: 1
Income & Expenses
Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 33554 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 407838
Pmt & Rate Info
Cap Rate: 4.53 Equity: 5839000 1st Encumbrance: 3161000 Down Payment %: 65 Monthly Payments: 13987 1st Years Remaining: 13 1st Payment Freq: Monthly Total Owed: 3161000
Payment Includes
Interest: 1
Showing Notification Methods
Phone Call: 1
Lockbox Type
None: 1
Community Features
Pool: 1 Manager Res/Office: 1 Play Area: 1
Heating
Other: 1 See Remarks: 1
Cooling
Other: 1 See Remarks: 1
Exterior Amenities
Guard Gate: 1
Interior Features
Other (See Remarks): 1
Tenant Pays
Water: 1 Sewer: 1 Electricity: 1
Appliances Included
Other: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
>1 Space Per Unit: 1
Electric
Other (See Remarks): 1
Gas
Other (See Remarks): 1
Owner Pays
Trash Collection: 1 Landscaping: 1 Pool Maintenance: 1
New Financing
Other (See Remarks): 1
Special
Lender / Corporate Approval Required: 1
Existing 1st Loan Type
Fixed: 1
Existing 1st Loan Terms
Assume - Qualify: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Existing Othr Ln Trm
Other (See Remarks): 1
Efficiency Units
# Efficiency Units: 12 Avg Rent: 705 Avg SqFt: 560 # Baths: 1
1 Bedroom Units
# 1 Bedroom Units: 36 Avg Rent: 780 Avg SqFt: 675 # Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 44 Avg Rent: 928 Avg SqFt: 860 # Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Other Loan Years: 13 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: 15th Ave and Hatcher Geo Lat: 33.572781 Geo Lon: -112.092334
Status Change Info
Off Market Date: 2021-01-30 Under Contract Date: 2020-11-11 Close of Escrow Date: 2021-03-26 Sold Price: $8,300,000
Income Expenses
Gross Annual Sch Inc: 407838 Net Operating Income: 407838
Property Features
Project Type: 51 - 99 Units Other Type: Other (See Remarks) Construction: Other Const - Finish: Other (See Remarks) Roofing: Other Floors: Other Sale Includes: Building(s) Only; Personal Property Payment Includes: Interest Community Features: Pool; Manager Res/Office; Play Area Exterior Amenities: Guard Gate Interior Features: Other (See Remarks) Appliances Included: Other Heating: Other; See Remarks Cooling: Other; See Remarks Water Source: City Franchise Sewer: Sewer - Public Electric: Other (See Remarks) Gas: Other (See Remarks) Parking Features: >1 Space Per Unit Road Surface Type: Asphalt Owner Pays: Trash Collection; Landscaping; Pool Maintenance Tenant Pays: Water; Sewer; Electricity Source of Fincl Data: Owner Special: Lender / Corporate Approval Required Showing Notification Methods: Phone Call Lockbox Type: None Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Assume - Qualify Existing Othr Ln Trm: Other (See Remarks) New Financing: Other (See Remarks) Environmental: None
Listing Office: Commercial Property Connect
Last Updated: March - 06 - 2025
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