$2,600,000
Phoenix, AZ 85018
MLS# 5468826
Status: Closed
31 beds | 344 baths
1 / 15
Property Description
Built in 1962, Trinity Arcadia Apartments was fully remodeled and repositioned in 2015. Interior property upgrades include in-suite laundry, stainless-steel appliance package, double stainless steel sinks with garbage disposal and retractable multi-setting faucet, upgraded countertops with porcelain tile backsplash, stained concrete floors, porcelain tile shower surrounds with new fixtures, premium lighting, and low-flow toilets. The revamped exterior features a manicured courtyard featuring a stainless steel barbecue grill, steel pergola, swimming pool, pet friendly accommodations, keyed entry pedestrian gates and covered parking. Trinity Arcadia is centrally located in the Arcadia-area of Phoenix near trendy Arcadia restaurants, Biltmore shopping, and the Camelback Corridor.
Details
Contract Info
Current Price: $2,600,000
Sold Price: $2,600,000
Status: Closed
List Date: 2016-07-10
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: P35
House Number: 3234
Compass: N
Street Name: 38th
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85018
Country: US
County Code: Maricopa
Subdivision: CITRUS ACRES LOTS 21-60
Assessor Number: 127-23-038
Tax Year: 2015
General Property Description
Lot Size Dimensions: 134.32 x 301.92
Year Built: 1962
Uncvrd Parking Spcs: 2
Total # of Units: 16
# of Buildings: 3
Zoning: R-3, Phoenix
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Legal Info
Township: 2N
Range: 3E
Section: 25
Lot Number: 44
Efficiency Units
# Efficiency Units: 2
Avg Rent: 800
Avg SqFt: 240
# Baths: 2
2 Bedroom Units
# 2 Bedroom Units: 13
Avg Rent: 1308
Avg SqFt: 1000
# Baths: 26
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 1485
Avg SqFt: 1285
# Baths: 2
Structure
Bedrooms Total: 31
Bathrooms Total: 344
Sold Info
Loan Type: Conventional
Loan Years: 10
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Remarks Misc
Cross Street: 44th Street / Indian School Road
Directions: From 44th Street and Indian School Road, head west to 38th Street. Turn Left and head South on 38th Street to Property on West (Right-Hand) side of 38th Street.
Geo Lat: 33.487231
Geo Lon: -112.000438
Status Change Info
Off Market Date: 2016-11-02
Under Contract Date: 2016-09-13
Close of Escrow Date: 2016-11-04
Sold Price: $2,600,000
Income Expenses
Gross Annual Sch Inc: 241068
Net Operating Income: 170258
Property Features
Project Type: 13 - 24 Units
Construction: Block; Wood Frame; Slump Block
Const - Finish: Painted; Brick Veneer
Roofing: Composition; Tile
Floors: Concrete; Vinyl
Sale Includes: Land & Building; Pool Equipment
Community Features: Pool; Barbecue
Exterior Amenities: Landscape Water System; Green Landscaping; Desert Landscaping; Fenced; Cable TV Available; Patio/Balcony; Security Light(s)
Interior Features: Fire/Smoke Alarm(s); Vertical Blinds; Mini Blinds; Breakfast Bar
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Washer/Dryer
Heating: Individual
Cooling: Ceiling Fan(s); Electric; Individual
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public; Sewer-In & Connected
Electric: SRP; Individual Meter
Gas: None
Parking Features: Carport; <1 Space Per Unit; Add'l Parking Avail; Assigned; Free; Paved
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection; Landscaping; Pool Maintenance
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner
Special: Owner/Agent
Existing 1st Loan: Private
Existing 1st Loan Type: Fixed
Existing 1st Loan Terms: Non Assumable; Interest Only
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional; No Carry; 1031 Exchange
Environmental: None
Listing Office: Vestis Group
Office Phone: 602-281-6202
Office Email: [email protected]
Last Updated: March - 18 - 2026
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