$1,200,000
$1,375,000
12.7%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 04/18/2024
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6673555
Sold Date 04/18/24
Year Built 2024
Annual Tax Amount $455
Tax Year 2023
Lot Dimensions 82x150
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Welcome to Westgate Estates! Brand new construction apartment community, just minutes from Westgate Entertainment District! This community is comprised of two adjacent four-plexes, each residing on its own parcel, allowing for conventional residential financing. All units are individually metered for electricity with tenants responsible for a split water/sewer charge. Landlord pays absolutely no utilities, allowing for a truly net monthly income. Each apartment is 960 sqft with two bedrooms, two baths and laundry. No expense was spared in the construction of these units from the foam insulation to the tile roofs to the fire sprinkler system. Area is exploding with new development as new projects are readily breaking ground on this street. This is truly a turnkey investment!
Location
State AZ
County Maricopa
Zoning MultiFam
Interior
Heating Heat Pump, Electric
Cooling Central Air, Ceiling Fan(s)
Flooring Carpet, Ceramic Tile
Appliance Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Exterior
Parking Features Paved, Free, 1 Space/Unit
Community Features No Pool
Roof Type Composition,Tile
Total Parking Spaces 16
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction Yes
Schools
School District Glendale Union High School District
Others
Senior Community No
Tax ID 142-27-327
Acceptable Financing Conventional, 1031 Exchange
Disclosures None
Listing Terms Conventional, 1031 Exchange
Financing Conventional
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Bought with Coldwell Banker Realty
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Real Estate Agent
christina@desertlivingproperties.com
8711 E Pinnacle Peak Rd, Scottsdale, AZ, 85255