$3,072,000
Phoenix, AZ 85032
MLS# 5191457
Status: Closed
131 beds | 131 baths
1 / 14
Property Description
Northview Estates consists of sixteen (16) individually condo-mapped four-plex buildings situated on over 4 acres offering a total of 64 rental units. Buildings are frame and stucco constructed with pitched built-up (elastomeric coated) roofs. 85% of the units (55) are 2-bed, 2-bath floor plans of approximately 800 square feet. There are also eight (8) 2-bed, 1-bath units of approximately 800 square feet and a single efficiency, 1-bath unit of approximately 400 square feet. The property offers a designated leasing office. Recently completed upgrades at the property include the installation of a new roofing system and the installation of hi-efficiency double-pane vinyl windows as well as code-compliant UL rated electrical service panels.
Details
Documents
Contract Info
Current Price: $3,072,000
Sold Price: $3,072,000
Status: Closed
List Date: 2014-10-27
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: R34
House Number: 16802
Compass: N
Street Name: 26TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85032
Zip4: 2546
Country: US
County Code: Maricopa
Subdivision: Northview Estates ( 16 individual parcels)
Assessor Number: 214-26-108
Tax Year: 2013
General Property Description
Lot Size Dimensions: irregular
Year Built: 1983
Uncvrd Parking Spcs: 104
Total # of Units: 64
# of Buildings: 16
Zoning: M-M, R-3
Elementary School District: Paradise Valley Unified District
High School District: Paradise Valley Unified District
Legal Info
Township: 3N
Range: 3E
Section: 2
Lot Number: 101
Efficiency Units
# Efficiency Units: 1
Avg Rent: 420
Avg SqFt: 400
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 65
Avg Rent: 560
Avg SqFt: 800
# Baths: 2
Structure
Bedrooms Total: 131
Bathrooms Total: 131
Contact Info
List Agent Home Phn: 602-243-7499
Sold Info
Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Remarks Misc
Cross Street: Bell Road / 26th Street
Directions: SR-51 to Bell Road, West to 26th Street, south to property
Geo Lat: 33.63865
Geo Lon: -112.028345
Status Change Info
Off Market Date: 2015-02-17
Under Contract Date: 2015-01-12
Close of Escrow Date: 2015-04-30
Sold Price: $3,072,000
Income Expenses
Gross Annual Sch Inc: 422040
Net Operating Income: 215761
Property Features
Project Type: 51 - 99 Units
Construction: Wood Frame; Steel Frame
Const - Finish: Painted; Stucco
Roofing: Built-Up
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: Manager Res/Office; Play Area
Exterior Amenities: Desert Landscaping; Partially Fenced; Cable TV Available; Security Light(s)
Interior Features: Fire/Smoke Alarm(s); Vertical Blinds; Mini Blinds
Appliances Included: Free-Standing Range; Refrigerator; W/D Hookup
Heating: Individual; Heat Pump
Cooling: Electric; Heat Pump; Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: >1 Space Per Unit; Add'l Parking Avail; Free
Road Surface Type: Asphalt; Concrete
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner; Accountant
Existing 1st Loan: Other (See Rmks)
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: No Carry
Environmental: Other (See Remarks)
property flier 
Listing Office: Kasten Long Commercial Group
Office Phone: 602-445-4141
Office Email: [email protected]
Last Updated: November - 15 - 2024
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
