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    300 W Frontier Street , #17

    Payson, AZ 85541
    • $1,482,000
    • STATUS: Closed
    • ON SITE: 302 days
    • MLS #: 6009726
    Sold - 02/14/2020
    $1,482,000
    SOLD - 02/14/2020
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1985
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    19 unit portfolio of condos within the 42 unit West Frontier Condominiums located in beautiful Payson. Built in 1985 the property has recently received numerous recent upgrades by the HOA resulting in an immaculate and well maintained project. Most (16) of the 19 units were refurbished in 2017-2019 allowing access to expanding market rents. Tenants pay electricity and the owner-paid monthly dues of $175/unit cover water-sewer-trash along with insurance, landscaping, property maintenance, repair and management. The Offering of 19 condos consists of 6 (1X1) and 13 (2X1) units.There are an additional eight (8) units from a different owner that may be purchased in connection with this offering. This would bring the total to 27 units- for mathematical control of the HOA & better financi

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    © 2020 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 Brett Tanner Home Selling Team | Keller Williams Realty Phoenix. Data last updated 2020-09-27T19:11:16.51.
    www.yournextphoenixhome.com/homes/101353020
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    300 W Frontier Street , #17 Payson, AZ 85541

    • Price: $1,549,000
    • Status: Closed
    • Updated: 59 min ago
    • MLS #: 6009726
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1985
    Built
    Neighborhood:
    Frontier Condominiums
    County:
    Gila
    Area:
    Payson
    School District:
    000 - Out of Area
    Property Description
    19 unit portfolio of condos within the 42 unit West Frontier Condominiums located in beautiful Payson. Built in 1985 the property has recently received numerous recent upgrades by the HOA resulting in an immaculate and well maintained project. Most (16) of the 19 units were refurbished in 2017-2019 allowing access to expanding market rents. Tenants pay electricity and the owner-paid monthly dues of $175/unit cover water-sewer-trash along with insurance, landscaping, property maintenance, repair and management. The Offering of 19 condos consists of 6 (1X1) and 13 (2X1) units.There are an additional eight (8) units from a different owner that may be purchased in connection with this offering. This would bring the total to 27 units- for mathematical control of the HOA & better financi
    Exterior Features

    Construction Frame - Wood Construction Finish Painted Covered Parking Spaces 0.00 Exterior Amenities FencedSatellite DishCable Tv AvailablePatio/BalconyPet RestrictionsSecurity Light(S) Lot Size Dimensions irreg Parking >1 Space Per UnitAssigned Roads AsphaltConcreteSidewalk(S) Roofing Comp Shingle

    Interior Features

    1 Bedroom Unit Avg Sq Ft 610 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 750 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/RangeRefrigeratorDishwasherDisposalW/D Hookup Cooling Electric RefrigeratdHeat Pump Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetOther (See Remarks)Vinyl/CompositionWood Heating ElectricHeat Pump Interior Amenities UnfurnishedFire/Smoke Alarm(S)Mini BlindsBreakfast Bar

    Property Features

    1 Bedroom Unit Avg Rent 670.00 1 Bedroom Units 6 2 Bedroom Unit Avg Rent 851.00 2 Bedroom Units 13 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 175384.25 Annual Elec Exp 555.00 Annual Gas Exp 0.00 Annual Ins Exp 5324.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 6400.00 Annual Mgmt Exp 18000.00 Annual Other Expense 640.00 Annual Ownr Asoc Fee 40000.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Community Amenities No Pool Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas Other (See Remarks) Gross Annual Sch Inc 181020.00 Hoa YN Yes Mobile Home Park Total Number Spaces 0 Net Operating Income 101965.00 New Financing Affordable Housing Operating Exp 77682.00 Other Income 3595.00 Other Type Packaged Offering Owner Pays WaterSewerTrash CollectionLandscaping Project Type 13 - 24 Units Sale Includes Other (See Remarks) Sewer Sewer - Public Source Of Financial Data Provided By Owner Special Owner/Agent Tax Municipality Payson Taxes 6763.00 Tenant Pays ElectricCable Tv Vacancy Allowance 0.05 Water City Franchise Zoning Rental Resid

    Listing courtesy of Rei Marketing.


    © 2020 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 Brett Tanner Home Selling Team | Keller Williams Realty Phoenix. Data last updated 2020-09-27T19:11:16.51.
     
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    Brett Tanner Home Selling Team | Keller Williams Realty Phoenix
    4862 E. Baseline Rd.
    Mesa AZ, 85206