Ownership: Fee Simple
Current Price: $3,450,000
Sold Price: $3,450,000
Status: Closed
List Date: 2017-11-15
Assessor's Map #: 30
Legal Description (Abbrev): LOT 625 WINONA PARK 5 MCR 009434
Assessor's Parcel #: 129
Add'l Parcels: Yes
Tax Municipality: Phoenix
Census Tract: 112601
Taxes: 11186.28
Legal: LOT 625 WINONA PARK 5 MCR 009434
Marketing Name: Casa West
Map Code/Grid: P33
House Number: 4029
Compass: W
Street Name: MCDOWELL
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85009
County Code: Maricopa
Subdivision: WINONA PARK 5
Assessor Number: 106-30-129
Tax Year: 2017
# of Buildings: 2
Uncvrd Parking Spcs: 30
Lot Size Dimensions: 202' x 165'
Total # of Units: 32
Elementary School District: Isaac Elementary District
High School District: Phoenix Union High School District
Year Built: 1968
Zoning: R-5
Range: 2E
Section: 3
Township: 1N
Lot Number: 625
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 11186.28
Other Income: 5745
Vacancy Allowance: 0.03
Adjusted Gross Inc: 354307.05
Cap Rate: 6.64
Down Payment: 949750
Equity: 3799000
Down Payment %: 30
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0
Electric: 1
Individual: 1
Electric: 1
Individual: 1
Landscape Water System: 1
Desert Landscaping: 1
Built-In Range: 1
Refrigerator: 1
Microwave: 1
Washer/Dryer: 1
<1 Space Per Unit: 1
Paved: 1
Water: 1
Sewer: 1
Trash Collection: 1
List Agent Home Phn: 602-735-5634
# 1 Bedroom Units: 1
Avg Rent: 820
Avg SqFt: 619
# Baths: 1
# 2 Bedroom Units: 31
Avg Rent: 940
Avg SqFt: 780
# Baths: 1
Loan Type: Conventional
Loan Years: 30
Closing Cost Split: Seller Paid - S
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: %
Seller Concession to Buyer: 0
Seller Concession $/%: %
Cross Street: 41st Avenue and McDowell Road
Geo Lat: 33.4656
Geo Lon: -112.146825
Off Market Date: 2018-01-16
Under Contract Date: 2017-12-11
Close of Escrow Date: 2018-02-01
Sold Price: $3,450,000
Gross Annual Sch Inc: 359520
Net Operating Income: 252299
Project Type: 25 - 50 Units
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Landscape Water System; Desert Landscaping
Appliances Included: Built-In Range; Refrigerator; Microwave; Washer/Dryer
Heating: Individual
Cooling: Electric; Individual
Water Source: City Franchise
Sewer: Sewer - Public
Electric: Individual Meter
Gas: SW Gas
Parking Features: <1 Space Per Unit; Paved
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity
Source of Fincl Data: Owner
Existing 1st Loan: Treat as Free&Clear
Existing 2nd Loan: Treat as Free&Clear
Existing 3rd Loan: Treat as Free&Clear
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional
Environmental: None
