Ownership: Fee Simple
Current Price: $5,900,000
Sold Price: $5,900,000
Status: Closed
List Date: 2016-07-29
Assessor's Map #: 27
Legal Description (Abbrev): TH PT N2 SW4 NE4 DES AS FOL BEG AT A PT 317.20' S & 30' W FR TH NE COR OF SD SW4 NE4 TH S 292.25' TH
Assessor's Parcel #: 1
Assessor Parcel Ltr: E
Add'l Parcels: No
Tax Municipality: Glendale
Census Tract: 93001
Taxes: 29975
Legal: TH PT N2 SW4 NE4 DES AS FOL BEG AT A PT 317.20' S & 30' W FR TH NE COR OF SD SW4 NE4 TH S 292.25' TH
Marketing Name: Maryland West 100
Map Code/Grid: N32
House Number: 4530
Compass: W
Street Name: MCLELLAN
St Suffix: Road
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85301
Zip4: 4237
County Code: Maricopa
Assessor Number: 146-27-001-E
Tax Year: 2015
# of Buildings: 15
Uncvrd Parking Spcs: 80
Lot Size Dimensions: 4.44 acres
Total # of Units: 100
Elementary School District: Glendale Elementary District
Year Built: 1970
Zoning: R-4
Range: 2E
Section: 9
Township: 2N
Wood Frame: 1
Steel Frame: 1
Vinyl: 1
Wood: 1
Ceramic Tile: 1
Carpet: 1
Land & Building: 1
Laundry Equipment: 1
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: 29975
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Down Payment: 0
Equity: 5900000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0
No Pool: 1
Manager Res/Office: 1
Play Area: 1
Barbecue: 1
Natural Gas: 1
Central: 1
Landscape Water System: 1
Green Landscaping: 1
Desert Landscaping: 1
Patio/Balcony: 1
Security Light(s): 1
Free-Standing Range: 1
Refrigerator: 1
Dishwasher: 1
Disposal: 1
Owner: 1
Projected Proforma: 1
Books Shwn Accpt Ofr: 1
City Franchise: 1
Master Meter: 1
Carport: 1
Free: 1
>1 Space Per Unit: 1
Paved: 1
Assigned: 1
SW Gas: 1
Master Meter: 1
Water: 1
Sewer: 1
Electric: 1
Gas: 1
Trash Collection: 1
Landscaping: 1
Conventional: 1
No Carry: 1
1031 Exchange: 1
# 1 Bedroom Units: 10
Avg Rent: 789
# Baths: 1
# 2 Bedroom Units: 64
Avg Rent: 850
# Baths: 1
# 3 Bedroom Units: 26
Avg Rent: 975
# Baths: 1
Loan Type: Conventional
Loan Years: 25
Closing Cost Split: Normal - N
Payment Type: Balloon
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Cross Street: Maryland and 47th Ave
Directions: 1/2 mile north of Bethany Home off of 47th Ave or 45th Ave.
Geo Lat: 33.53352
Geo Lon: -112.156862
Off Market Date: 2016-12-19
Under Contract Date: 2016-10-27
Close of Escrow Date: 2016-12-28
Sold Price: $5,900,000
Project Type: 100+ Units
Construction: Wood Frame; Steel Frame
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Vinyl; Wood; Ceramic Tile; Carpet
Sale Includes: Land & Building; Laundry Equipment
Community Features: No Pool; Manager Res/Office; Play Area; Barbecue
Exterior Amenities: Landscape Water System; Green Landscaping; Desert Landscaping; Patio/Balcony; Security Light(s)
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal
Heating: Natural Gas; Central
Cooling: Chiller System
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: APS; Master Meter
Gas: SW Gas; Master Meter
Parking Features: Carport; >1 Space Per Unit; Assigned; Free; Paved
Owner Pays: Water; Electric; Gas; Trash Collection; Landscaping
Tenant Pays: Cable TV
Source of Fincl Data: Owner; Projected Proforma; Books Shwn Accpt Ofr
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; No Carry; 1031 Exchange
Environmental: None
