$4,500,000
Phoenix, AZ 85015
MLS# 6155885
Status: Closed
1 / 1
Details
Contract Info
Ownership: Fee Simple
Current Price: $4,500,000
Sold Price: $4,500,000
Status: Closed
List Date: 2020-11-03
Location, Tax & Legal
Unit #: OFC
Assessor's Map #: 51
Legal Description (Abbrev): LOT 1 CENTRE ARMS MCR 026519
Assessor's Parcel #: 71
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 108902
Taxes: 10571
Legal: LOT 1 CENTRE ARMS MCR 026519
Marketing Name: Contempo 19
Map Code/Grid: P34
House Number: 4313
Compass: N
Street Name: 19TH
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85015
Zip4: 4695
County Code: Maricopa
Subdivision: CENTRE ARMS LOT 1
Assessor Number: 155-51-071
Tax Year: 2020
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 26
Lot Size Dimensions: -
Total # of Units: 41
Elementary School District: Osborn Elementary District
High School District: Phoenix Union High School District
Year Built: 1985
Zoning: r5
Legal Info
Range: 3E
Section: 19
Township: 2N
Lot Number: 1
Project Type
25 - 50 Units: 1
Construction
Other: 1
Const - Finish
Other (See Remarks): 1
Roofing
Other: 1
Floors
Other: 1
Sale Includes
Other (See Remarks): 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 10571
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 155523
Pmt & Rate Info
Cap Rate: 3.99
Equity: 3900000
Down Payment %: 66
Monthly Payments: 8150
Total Owed: 0
Showing Notification Methods
Phone Call: 1
Lockbox Type
None: 1
Community Features
Pool: 1
Barbecue: 1
Heating
Other: 1
See Remarks: 1
Cooling
Other: 1
See Remarks: 1
Interior Features
Unfurnished: 1
Other (See Remarks): 1
Tenant Pays
Other (See Remarks): 1
Appliances Included
Dishwasher: 1
Disposal: 1
Refrigerator: 1
Built-In Range: 1
Washer/Dryer: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
>1 Space Per Unit: 1
Electric
None: 1
Gas
Other (See Remarks): 1
Owner Pays
Other: 1
New Financing
Other (See Remarks): 1
Existing 1st Loan
Other (See Rmks): 1
Existing 1st Loan Terms
Assume - Qualify: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 41
Avg Rent: 824
Avg SqFt: 559
# Baths: 1
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Conventional
Loan Years: 15
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: 19th Ave and Turney Ave
Geo Lat: 33.500264
Geo Lon: -112.099203
Status Change Info
Off Market Date: 2021-02-25
Under Contract Date: 2021-02-25
Close of Escrow Date: 2021-05-21
Sold Price: $4,500,000
Income Expenses
Gross Annual Sch Inc: 155523
Net Operating Income: 155523
Property Features
Project Type: 25 - 50 Units
Construction: Other
Const - Finish: Other (See Remarks)
Roofing: Other
Floors: Other
Sale Includes: Other (See Remarks)
Community Features: Pool; Barbecue
Interior Features: Unfurnished; Other (See Remarks)
Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal; Washer/Dryer
Heating: Other; See Remarks
Cooling: Other; See Remarks
Water Source: City Franchise
Sewer: Sewer - Public
Electric: None
Gas: Other (See Remarks)
Parking Features: >1 Space Per Unit
Road Surface Type: Asphalt
Owner Pays: Other
Tenant Pays: Other (See Remarks)
Source of Fincl Data: Owner
Showing Notification Methods: Phone Call
Lockbox Type: None
Existing 1st Loan: Other (See Rmks)
Existing 1st Loan Terms: Assume - Qualify
New Financing: Other (See Remarks)
Environmental: None
Listing Office: Commercial Property Connect
Last Updated: March - 06 - 2025
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