12730 W Amy Drive, Surprise, AZ 85378
$995,000
Property Type:
Multi-Family
Square Footage:
3,001
Lot Size (sq. ft.):
194
Status:
Closed
Current Price:
$995,000
List Date:
2/02/2022
Last Modified:
12/16/2024
Description
What an opportunity to own two fourplexes - Construction is still underway and completion should be in April of this year. There is 12730 W Amy that is also available to complete the package.
Stackable Washer and Dyers have been added along with stainless appliances. Dual pane windows along with new roof and new air-conditioners.
MANY MANY more upgrades. In this market many investors will write the contract and wait for the completion knowing that the good product is here!
One other building has been finished is in escrow and currently has proven rents of $1,495 per door.
Buyer to verify all facts and figures.
More Information MLS# 22202923
Address Information
Country: USA
Street #: 12730
Direction: W
Street Name: Amy
Suffix: Drive
State/Province: AZ
Zip Code: 85378
County: Maricopa
Location, Tax & Legal
Comparable Only Listing: No
Tax Year: 2021
Taxes: 838.94
Assessments: 0
Taxes For: Dwelling & Land
Legal Description: Legal Description supplied by title to govern
Community: None
Municipality/Zoning: Other - CALL
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Tax Code: 501-18-265
Area: Maricopa
Subdivision: Out Of Pima County
Contract Information
Method of Title: Fee (Simple)
Distressed Info: None
Current Price: $995,000
Sold Price: $995,000
Listing Date: 2022-02-01
Status: Closed
Status Change Info
Off Market Date: 2022-02-02
Sold Price/SqFt: 331.56
Lot Sz Sold Prc/SqFt: 175.83
How Sold: Conventional
Pending Date: 2022-02-02
Sold Date: 2022-07-20
Sold Price: $995,000
Showing Information
Directions: RH Johnson Blvd and Bell Rd-turn into Nash Street.
Turn South on Nash until you reach Tasha. Turn West and property is on the north side of the street.
General Property Information
Dwelling Type: Quadruplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: irrigular
Lot Acres: 0.13
Total Parking: 7
Lot Sqft: 5659
Lot Size Source: Assessor
Horse Property: No
School District: Other
Elementary School: Other
Middle School: Other
High School: Other
Horse Facilities: No
List Price/SqFt: 366.54
Lot Size Price/SqFt: 194.38
Combined SqFt: 3001
Year Built: 1986
Unit Info
# of Units/2 BR: 4
Electric
Electric Company: APS
Unit 1 Information
# Beds: 2
# Full Baths: 1
SqFt: 750
Occupancy: No
Stories: Two
Floor: 1st
Furnished: No
Parking: On Property
Income
Vacancy Loss: 2153
Other Income: 0
Adjusted Gross: 69607
Total Expenses: 11908
Gross Scheduled Rent: 71760
Net Opp Income: 57699
Gas
None: 1
Unit 2 Information
# Beds: 2
# Full Baths: 1
SqFt: 750
Occupancy: No
Stories: Two
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Gross Rent Multi: 14.29
Vacancy Rate %: 3
Exp/SqFt: 3.97
Exp % of Gross: 17.11
Cap Rate %: 5.8
Construction
Frame - Stucco: 1
Expenses
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 600
Figures Presented: Proforma
Gas/Electric: 0
Insurance: 1300
Maintenance Supplies: 1200
Management: 5569
Resident Manager: 0
Taxes/Assessments: 839
Water/Sewer: 2400
Other Expenses: 0
Style
Contemporary: 1
Sewer
Connected: 1
Roof
Shingle: 1
Water
Public: 1
Living Areas
Living Room: 1
Dining Areas
Eat-In Kitchen: 1
Fence
Block: 1
Dining Room
Other: None
View
Residential: 1
Breakfast
None: 1
Road Type
Chip/Seal: 1
Kitchen Features
Countertops: Quartz
Double Sink: 1
Electric Range: 1
Appliance Color: Stainless
Microwave: Built in
Dishwasher: 1
Disposal: 1
Refrigerator: 1
Road Maintenance
City: 1
Lot Features
North/South Exposure: 1
Main Cooling
Ceiling Fan(s): 1
Heat Pump: 1
Laundry
Dryer Included: 1
Washer Included: 1
Neighborhood Features
Lighted: 1
Paved Street: 1
Main Heating
Heat Pump: 1
Extra Room
None: 1
Water Heater
Electric: 1
Association & Fees
HOA: No
Interior Features
Ceiling Fan(s): 1
Bathroom Features
Shower & Tub/Hall: 1
Terms
Cash: 1
Conventional: 1
Floor Covering
Carpet: 1
Ceramic Tile: 1
Submit With Offer
Additional Addendum: 1
Income Property Addendum: 1
Lender Pre-Approval: 1
Window Covering
Stay: 1
Accessibility Option
None: 1
Technology
Cable TV: 1
Security
Security Lights: 1
Sold Info
Seller Concessions: 0
Landscape - Front
Decorative Gravel: 1
Landscape - Rear
Decorative Gravel: 1
Patio/Deck
Patio: 1
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
Pool
None: 1
Property Disclosures
Addendum: 1
Equipment List: 1
Floor Plan: 1
Plat Map: 1
Spa
None: 1
Special Conditions
None: 1
Driveway
Paved: Asphalt
RV Parking
Other: none
Exterior Feature
Courtyard: 1
Subdivision Restrict
Age Restrictions: No
CC&Rs: Yes
Deed Restrictions: No
Home Protection
Offered: No
Remarks Misc
Geo Lat: 33.632448
Geo Lon: -112.334135
Property Features
Construction: Frame - Stucco
Style: Contemporary
Roof: Shingle
Living Areas: Living Room
Dining Areas: Eat-In Kitchen
Breakfast: None
Kitchen Features: Double Sink; Electric Range; Dishwasher; Disposal; Refrigerator
Bathroom Features: Shower & Tub/Hall
Laundry: Dryer Included; Washer Included
Extra Room: None
Interior Features: Ceiling Fan(s)
Floor Covering: Carpet; Ceramic Tile
Window Covering: Stay
Technology: Cable TV
Main Cooling: Ceiling Fan(s); Heat Pump
Main Heating: Heat Pump
Water Heater: Electric
Gas: None
Sewer: Connected
Water: Public
Accessibility Option: None
Security: Security Lights
Pool: None
Spa: None
Fence: Block
Landscape - Front: Decorative Gravel
Landscape - Rear: Decorative Gravel
View: Residential
Road Type: Chip/Seal
Exterior Feature: Courtyard
Lot Features: North/South Exposure
Neighborhood Features: Lighted; Paved Street
Terms: Cash; Conventional
Submit With Offer: Additional Addendum; Income Property Addendum; Lender Pre-Approval
Property Disclosures: Addendum; Equipment List; Floor Plan; Plat Map
Special Conditions: None
Listing Office:
Gerchick Real Estate
Last Updated: December - 16 - 2024
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