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1727 W Mountain View Road

Phoenix, AZ 85021
  • $3,100,000
  • STATUS: Active
  • ON SITE: 65 days
  • MLS #: 6224390
UPDATED: 22 min ago
$3,100,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1985
County:
Area:

Description

Completely renovated 16 unit complex, each having 2 bed/1bath that boasts all the upgrades and is 100% Leased. Designated tenant parking, fresh exterior paint , remote security system and community BBQ area are just a few complex improvements. Inside, every unit has been completely remodeled with new windows, A/C units and air handlers, full sized washer & dryers in the unit. Upgraded tile flooring, granite counter tops, and full bathroom remodel with shower and tub combo are just a few of the many improvements made. See Documents tab for complete list of all improvements. Property is performing well and there is room for rent increase as leases expire.

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© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Dave Fernandez Team | HomeSmart. Data last updated 2021-06-25T09:12:57.08.
www.davefernandez.net/homes/116308468
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1727 W Mountain View Road Phoenix, AZ 85021

  • Price: $3,100,000
  • Status: Active
  • Updated: 22 min ago
  • MLS #: 6224390
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1985
Built
Neighborhood:
Crestview
County:
Maricopa
Area:
Phoenix
Elementary School:
Washington Elementary School - Phoenix
Middle School:
Washington Elementary School - Phoenix
High School:
Sunnyslope High School
School District:
006 - Washington Elementary District
Property Description
Completely renovated 16 unit complex, each having 2 bed/1bath that boasts all the upgrades and is 100% Leased. Designated tenant parking, fresh exterior paint , remote security system and community BBQ area are just a few complex improvements. Inside, every unit has been completely remodeled with new windows, A/C units and air handlers, full sized washer & dryers in the unit. Upgraded tile flooring, granite counter tops, and full bathroom remodel with shower and tub combo are just a few of the many improvements made. See Documents tab for complete list of all improvements. Property is performing well and there is room for rent increase as leases expire.
Exterior Features

Construction Frame - Wood Construction Finish PaintedStucco Covered Parking Spaces 0.00 Exterior Amenities Cable Tv AvailablePatio/Balcony Lot Size Dimensions irregular Parking AssignedPaved Parking Roads Asphalt Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 820 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included DishwasherDisposalF/S Oven/RangeMicrowaveRefrigeratorWasher/Dryer Cooling Electric RefrigeratdHeat Pump Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating Electric Interior Amenities Fire/Smoke Alarm(S)Mini BlindsUnfurnished

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 990.00 2 Bedroom Units 16 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 187054.80 Annual Elec Exp 402.00 Annual Ins Exp 6500.00 Annual Landscape Exp 1760.00 Annual Maint Exp 1106.00 Annual Ownr Asoc Fee 0.00 Annual Trash Exp 5954.00 Annual Wtr Swr Exp 6146.00 Community Amenities Barbecue Area(S) Cross Street 19th Ave & Mountain View Rd Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric ApsIndividual Meter Gas None Gross Annual Sch Inc 191520.00 Hoa YN No Net Operating Income 158855.00 New Financing 1031 ExchangeConventionalNo Carry Operating Exp 27592.00 Other Income 1320.00 Owner Pays LandscapingSewerTrash CollectionWater Project Type 13 - 24 Units Sale Includes Land & BuildingLaundry Equipment Sewer Sewer - Public Source Of Financial Data Provided By Owner Special Owner/Agent Tax Municipality Maricopa - County Taxes 5724.00 Tenant Pays Cable TvElectric Vacancy Allowance 0.03 Water City FranchiseMaster Meter Zoning R4

Listing courtesy of Realty One Group.


© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Dave Fernandez Team | HomeSmart. Data last updated 2021-06-25T09:12:57.08.
 
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