3535 E MCDOWELL Road, Phoenix, AZ 85008 (MLS# 5673017)

Contract Info

Ownership: Fee Simple Current Price: $3,000,000 Sold Price: $3,000,000 Status: Closed List Date: 2017-09-25

Location, Tax & Legal

Assessor's Map #: 3 Legal Description (Abbrev): PRT NE4 NW4 SEC 1 DAF BEG AT N4 COR SEC 1 TH W 180.40F TH S 40F POB TH S 551.04F TH W 180.88F TH N 3 Assessor's Parcel #: 27 Assessor Parcel Ltr: B Add'l Parcels: No Tax Municipality: Maricopa - COUNTY Census Tract: 113601 Taxes: 7721 Legal: PRT NE4 NW4 SEC 1 DAF BEG AT N4 COR SEC 1 TH W 180.40F TH S 40F POB TH S 551.04F TH W 180.88F TH N 3 Map Code/Grid: P35 House Number: 3535 Compass: E Street Name: MCDOWELL St Suffix: Road City/Town Code: Phoenix State/Province: AZ Zip Code: 85008 Zip4: 3847 County Code: Maricopa Assessor Number: 121-03-027-B Tax Year: 2017

General Property Description

Ttl Apx SqFt Bldg: 40345 # of Buildings: 10 Uncvrd Parking Spcs: 48 Year Built: 2013 Zoning: C-2, R-3 & R-5

Legal Info

Range: 3E Section: 1 Township: 1N Lot Number: 1

Construction

Block: 1 Other: 1

Roofing

Composition: 1 Built-Up: 1 Other: 1

Floors

Concrete: 1 Vinyl: 1 Wood: 1 Carpet: 1 Other: 1

Income & Expenses

Annual Elec Exp: 1 Annual Gas Exp: 1 Annual Ins Exp: 1 Annual Land Lse Exp: 1 Annual Landscape Exp: 1 Annual Legal & Acctg: 1 Annual Maint Exp: 1 Annual Mgmt Exp: 1 Annual Trash Exp: 1 Annual Wtr/Swr Exp: 1 Owner Association: No Annual Ownr Asoc Fee: 1 Annual PAD Fee: 1 Annual Rplcmnt Rsrvs: 1 Annual Other Expense: 1 Operating Exp: 7735 Other Income: 1 Vacancy Allowance: 1 Adjusted Gross Inc: 0

Building Type

Commercial: 1 Other (See Remarks): 1

Business Type

Other: 1 See Remarks: 1

Stories

2 Stories: 1

Pmt & Rate Info

Down Payment: 1 Equity: 3950000 Total Owed: 0 Assessment Balance: 1 Assessment Bal Yrs: 1

Ceiling Height

8 Feet or Less: 1 8.1 Feet to 10 Feet: 1 10.1 Feet to 12 Feet: 1

Heating

Natural Gas: 1 Other: 1 See Remarks: 1

Cooling

Central Air: 1 Office A/C: 1 Other: 1 See Remarks: 1

Loading Facilities

None: 1

Source of Fincl Data

Other (See Remarks): 1

Fencing

Partial: 1 Other: 1 See Remarks: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

Private: 1 Paved: 1

Electric

SRP: 1

Gas

SW Gas: 1

New Financing

Other (See Remarks): 1

Existing 1st Loan

Other (See Rmks): 1

Existing 2nd Loan

Other (See Remarks): 1

Existing 3rd Loan

Other (See Remarks): 1

Reports/Disclosures

Appraisal: 1 Other (See Remarks): 1

Environmental

Other (See Remarks): 1

Existing Othr Ln Trm

Not Applicable: 1

Contact Info

List Agent Home Phn: 602-319-1326

Sold Info

Loan Type: Cash Payment Type: Other Clsing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: E McDowell Rd & N 36th St Directions: The existing charter school facility is comprised of ten buildings constructed from 1948 through 2013. Geo Lat: 33.464965 Geo Lon: -112.005289

Status Change Info

Off Market Date: 2018-07-27 Under Contract Date: 2018-07-25 Close of Escrow Date: 2018-11-15 Sold Price: $3,000,000

Income Expenses

Gross Annual Sch Inc: 1 Net Operating Income: 1

Property Features

Building Type: Commercial; Other (See Remarks) Business Type: Other; See Remarks Stories: 2 Stories Construction: Block; Other Roofing: Composition; Built-Up; Other Floors: Concrete; Vinyl; Wood; Carpet; Other Ceiling Height: 8 Feet or Less; 8.1 Feet to 10 Feet; 10.1 Feet to 12 Feet Heating: Natural Gas; Other; See Remarks Cooling: Central Air; Office A/C; Other; See Remarks Loading Facilities: None Fencing: Partial; Other; See Remarks Parking Features: Private; Paved Electric: SRP Gas: SW Gas Water Source: City Franchise Sewer: Sewer - Public New Financing: Other (See Remarks) Source of Fincl Data: Other (See Remarks) Existing 1st Loan: Other (See Rmks) Existing 2nd Loan: Other (See Remarks) Existing 3rd Loan: Other (See Remarks) Existing Othr Ln Trm: Not Applicable Environmental: Other (See Remarks)