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14239 W Peoria Avenue , Ofc

Waddell, AZ 85355
  • $1,500,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 6388466
UPDATED: 40 min ago
$1,500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1950
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Rare opportunity to acquire this well-performing asset situated just 1/2 mile from major manufacturing facilities. Flat roofs were recoated in 2021. Pitched roofing was completed by a licensed roofer in 2021. Several new water heaters, landscape rock, and brand new exterior paint! 1,340 acre industrial park, Woolf Logistics Industrial Campus & Red Bull manufacturing facility nearby. Almost no competition at these rental price points! Main ranch house is 2 bed 1 bath with large living room. Excellent mix of 1 bedroom and studios. All units are air conditioned and tenant friendly. Always 100% occupied with a waitlist makes this property easy to rent when a tenant relocates. The units have been upgraded at various times with plumbing, wiring, flooring, fixtures and cabinetry. On site laundry

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© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2022-05-23T19:16:52.22.
www.yournextphoenixhome.com/homes/128011604
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14239 W Peoria Avenue , Ofc Waddell, AZ 85355

  • Price: $1,500,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 40 min ago
  • MLS #: 6388466
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1950
Built
County:
Maricopa
Area:
Waddell
Elementary School:
Luke Elementary School
Middle School:
Luke Elementary School
High School:
Dysart High School
School District:
089 - Dysart Unified District
Property Description
Rare opportunity to acquire this well-performing asset situated just 1/2 mile from major manufacturing facilities. Flat roofs were recoated in 2021. Pitched roofing was completed by a licensed roofer in 2021. Several new water heaters, landscape rock, and brand new exterior paint! 1,340 acre industrial park, Woolf Logistics Industrial Campus & Red Bull manufacturing facility nearby. Almost no competition at these rental price points! Main ranch house is 2 bed 1 bath with large living room. Excellent mix of 1 bedroom and studios. All units are air conditioned and tenant friendly. Always 100% occupied with a waitlist makes this property easy to rent when a tenant relocates. The units have been upgraded at various times with plumbing, wiring, flooring, fixtures and cabinetry. On site laundry
Exterior Features

Construction Block Construction Finish PaintedStucco Covered Parking Spaces 4.00 Exterior Amenities Desert LandscapingLandscape Wtr SystemPartially FencedSecurity Light(S)Separate Storage Lot Size Dimensions irregular Parking >1 Space Per UnitRv/Boat Parking Roads DirtGravel Roofing Built-UpComp ShingleFoamRolledTile

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included F/S Oven/RangeRefrigeratorWasher/Dryer Cooling Ceiling Fan(S)Central A/CElectricHeat PumpIndividualWindow/Wall Unit Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 1 Floors CarpetCeramic TileVinyl Heating CentralElectricIndividual Interior Amenities Fire/Smoke Alarm(S)Unfurnished

Property Features

1 Bedroom Unit Avg Rent 925.00 1 Bedroom Units 4 2 Bedroom Unit Avg Rent 1275.00 2 Bedroom Units 1 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 96045.00 Annual Elec Exp 976.00 Annual Ins Exp 2569.00 Annual Maint Exp 6129.00 Annual Mgmt Exp 3000.00 Annual Ownr Asoc Fee 0.00 Annual Trash Exp 1462.00 Annual Wtr Swr Exp 0.00 Community Amenities BarbecueNo Pool Cross Street Litchfield Rd & Peoria Efficiency Unit Avg Rent 875.00 Efficiency Units 4 Electric Aps Gas None Gross Annual Sch Inc 99900.00 Hoa YN No Net Operating Income 77035.00 New Financing 1031 ExchangeConventionalSeller May CarryWraparound Operating Exp 15491.00 Other Income 1200.00 Other Type House + Rental Units Owner Pays LandscapingSewerTrash CollectionWater Project Type 5 - 12 Units Sale Includes Land & BuildingLaundry EquipmentPersonal Property Sewer Septic Tank Source Of Financial Data Books Shwn Accpt OfrProjected ProformaProvided By Owner Special Owner/Agent Tax Municipality Maricopa - County Taxes 1355.00 Tenant Pays Electric Totl Mnth Rntal Inc 7370.00 Vacancy Allowance 0.05 Water Domestic Well Zoning R43

Listing provided by Keller Williams Integrity: (480) 867-6670.


© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2022-05-23T19:16:52.22.
 
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Elite Home Advisors | Keller Williams Realty Phoenix
4862 E. Baseline Rd.
Mesa AZ, 85206