$1,000,000
$1,150,000
13.0%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 11/29/2021
Key Details
Sold Price $1,000,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6313166
Sold Date 11/29/21
Maintenance Fees $1,000
Year Built 1958
Annual Tax Amount $2,590
Tax Year 2021
Lot Dimensions .42
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Pacifica Apartments offer a great income opportunity with a 5.25 cap rate that can easily be increased with some rent adjustments. Units have been renovated including a new roof on one of the buildings plus several of the A/C's have been replaced. Location is close to all amenities including downtown Phx, shopping, highways, restaurants and schools. Buyer to verify all facts and figures regarding building, financial aspects, taxes, sq ft, year built, etc.
Location
State AZ
County Maricopa
Zoning R-3
Direction From McDowell & 32nd St, head West to 31st St. Turn right (North) on 31st St. Property is on the right (East) side of the street.
Interior
Heating Individual, Heat Pump
Cooling Heat Pump, Individual
Flooring Ceramic Tile, Vinyl
Appliance Built-In Range, Refrigerator
Exterior
Parking Features Add'l Parking Avail, 1 Space/Unit
Community Features Barbecue, No Pool
Roof Type Composition
Total Parking Spaces 9
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Glendale Union High School District
Others
Senior Community No
Tax ID 120-20-090
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Cash
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Bought with Keller Williams Realty Biltmore Partners
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