$3,100,000
Phoenix, AZ 85018
MLS# 6167898
Status: Closed
30 beds | 30 baths
1 / 17
Property Description
Las Casitas De Earll is situated within Camelback East Village, in the highly sought-after 85018 zip code. It is minutes from all the shopping, dining, and entertainment options Biltmore Fashion Park has to offer. This garden-style property is a light value-add opportunity through continued interior and exterior renovations. Featuring all large 2 bed / 2 bath units with in-suite washer & dryer. The property boasts a community swimming pool and ample covered parking for residents. Based on its positioning in the competitive landscape and the area's ongoing redevelopment efforts, this property is a perfect opportunity for an investor to create an ideal living situation in close proximity to the beautiful Arcadia Lite district.
Details
Contract Info
Current Price: $3,100,000
Sold Price: $3,100,000
Status: Closed
List Date: 2020-12-04
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: P35
House Number: 3818
Compass: E
Street Name: EARLL
St Suffix: Drive
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85018
Zip4: 7169
Country: US
County Code: Maricopa
Subdivision: LAS CASITAS DE EARL CONDOMINIUM APTS
Assessor Number: 127-20-124
Tax Year: 2020
General Property Description
Lot Size Dimensions: 13875
Year Built: 1982
Total # of Units: 15
# of Buildings: 2
Zoning: R-3
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Elementary School: Creighton Elementary School
High School: Phoenix Union Cyber High School
Legal Info
Township: 2N
Range: 3E
Section: 25
Lot Number: 1
2 Bedroom Units
# 2 Bedroom Units: 15
Avg Rent: 1495
Avg SqFt: 925
# Baths: 2
Structure
Bedrooms Total: 30
Bathrooms Total: 30
Sold Info
Loan Type: Conventional
Loan Years: 10
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Remarks Misc
Geo Lat: 33.484274
Geo Lon: -111.998963
Status Change Info
Off Market Date: 2021-02-22
Under Contract Date: 2021-02-02
Close of Escrow Date: 2021-03-30
Sold Price: $3,100,000
Income Expenses
Gross Annual Sch Inc: 269100
Net Operating Income: 195532
Property Features
Project Type: 13 - 24 Units
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Composition
Floors: Vinyl
Sale Includes: Building(s) Only
Community Features: Pool
Exterior Amenities: Desert Landscaping
Interior Features: Fire/Smoke Alarm(s)
Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal; Washer/Dryer
Heating: Heat Pump
Cooling: Individual
Water Source: City Franchise
Sewer: Sewer - Public
Electric: Individual Meter
Gas: SW Gas
Parking Features: Carport; On Street; >1 Space Per Unit
Road Surface Type: Asphalt
Owner Pays: Water; Electric; Gas; Trash Collection; Landscaping
Tenant Pays: Electricity
Source of Fincl Data: Projected Proforma
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
New Financing: Conventional
Environmental: None
Listing Office: ABI Multifamily
Office Phone: 602-714-1400
Last Updated: March - 31 - 2021
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