Ownership: Fee Simple
Current Price: $345,000
Sold Price: $345,000
Status: Closed
List Date: 2017-08-25
Unit #: B
Assessor's Map #: 52
Legal Description (Abbrev): LOT 1 OWNERS PLAT MCR 007941
Assessor's Parcel #: 4
Assessor Parcel Ltr: B
Add'l Parcels: No
Tax Municipality: Chandler
Census Tract: 523002
Taxes: 1061
Legal: LOT 1 OWNERS PLAT MCR 007941
Marketing Name: Chandler Fabulous FourPle
Map Code/Grid: T38
House Number: 365
Compass: N
Street Name: ALMA SCHOOL
St Suffix: Road
City/Town Code: Chandler
State/Province: AZ
Zip Code: 85224
Zip4: 4378
County Code: Maricopa
Subdivision: OWNERS PLAT
Assessor Number: 302-52-004-B
Tax Year: 2016
# of Buildings: 2
Uncvrd Parking Spcs: 5
Lot Size Dimensions: 10533
Total # of Units: 4
Elementary School District: Chandler Unified District
High School District: Chandler Unified District
Year Built: 1963
Zoning: Multi
Range: 5E
Section: 28
Township: 1S
Lot Number: 1
Annual Elec Exp: 305.04
Annual Gas Exp: 0
Annual Ins Exp: 1660
Annual Land Lse Exp: 0
Annual Landscape Exp: 390
Annual Legal & Acctg: 0
Annual Maint Exp: 1439.74
Annual Mgmt Exp: 3500
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 1698.72
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 10054.5
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 27576.6
Cap Rate: 0.46
Down Payment: 0
Equity: 3950000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0
Electric: 1
Central: 1
Heat Pump: 1
Ceiling Fan(s): 1
Electric: 1
2 or More Units: 1
Gas: 1
Electricity: 1
Cable TV: 1
Free-Standing Range: 1
Refrigerator: 1
Owner: 1
Projected Proforma: 1
Carport: 1
On Street: 1
<1 Space Per Unit: 1
Paved: 1
Add'l Parking Avail: 1
SRP: 1
Individual Meter: 1
SW Gas: 1
Submetered System: 1
Water: 1
Sewer: 1
Trash Collection: 1
No Carry: 1
Owner May Carry: 1
List Agent Home Phn: 602-265-6617
# 2 Bedroom Units: 4
Avg Rent: 625
Avg SqFt: 800
# Baths: 1
Loan Type: Conventional
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Cross Street: Alma School & Erie
Directions: Just north of Chandler and South of Erie
Geo Lat: 33.309033
Geo Lon: -111.85882
Off Market Date: 2017-09-02
Under Contract Date: 2017-08-25
Close of Escrow Date: 2017-09-01
Sold Price: $345,000
Gross Annual Sch Inc: 29028
Net Operating Income: 18222.1
Project Type: Four Plex
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Vinyl; Carpet
Sale Includes: Building(s) Only
Community Features: No Pool
Appliances Included: Free-Standing Range; Refrigerator
Heating: Central; Heat Pump
Cooling: Ceiling Fan(s); Electric; 2 or More Units
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP; Individual Meter
Gas: SW Gas; Submetered System
Parking Features: Carport; On Street; <1 Space Per Unit; Add'l Parking Avail; Paved
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Gas; Cable TV
Source of Fincl Data: Owner; Projected Proforma
Existing 1st Loan: Conventional
Existing 2nd Loan: Treat as Free&Clear
Existing 3rd Loan: Treat as Free&Clear
Existing Othr Ln Trm: Not Applicable
New Financing: No Carry; Owner May Carry
Environmental: None
