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312 E Kinderman Drive

Avondale, AZ 85323
  • $2,295,000
  • STATUS: Active
  • ON SITE: 81 Days
  • MLS #: 6361702
UPDATED: 68 min ago
$2,295,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1969
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Here is the perfect opportunity to build your portfolio on this 12 unit complex. Entire property is fully leased and professionally managed. Units have been semi-updated with various stages of flooring, paint, kitchen and bathroom renovations throughout. Many of the big ticket items have been done-Exterior Paint (2015), multiple units had new A/C Units (2013), new roof on some buildings and new sewer lines to all buildings. This is a diamond in the rough!!!! Up and coming location in Arizona's 14th largest city.Includes 306/312 E Kinderman. All 12 units included in the sale.

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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 2022-05-21T16:17:43.583.
www.yournextphoenixhome.com/homes/126207785
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312 E Kinderman Drive Avondale, AZ 85323

  • Price: $2,295,000
  • Status: Active
  • On Site: 81 Days
  • Updated: 68 min ago
  • MLS #: 6361702
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1969
Built
Neighborhood:
Harmony Village Apartment
County:
Maricopa
Area:
Avondale
Elementary School:
Eliseo C. Felix School
Middle School:
Avondale Middle School
High School:
Agua Fria High School
School District:
044 - Avondale Elementary District
Property Description
Here is the perfect opportunity to build your portfolio on this 12 unit complex. Entire property is fully leased and professionally managed. Units have been semi-updated with various stages of flooring, paint, kitchen and bathroom renovations throughout. Many of the big ticket items have been done-Exterior Paint (2015), multiple units had new A/C Units (2013), new roof on some buildings and new sewer lines to all buildings. This is a diamond in the rough!!!! Up and coming location in Arizona's 14th largest city.Includes 306/312 E Kinderman. All 12 units included in the sale.
Exterior Features

Construction Block Construction Finish PaintedStucco Covered Parking Spaces 0.00 Exterior Amenities Cable Tv AvailableDesert LandscapingSecurity Light(S)Separate Storage Lot Size Dimensions 199.82 X 135.73 Parking >1 Space Per UnitAdd'l Parking AvailFreePaved Parking Roads AsphaltCurb(S) & Gutter(S) Roofing Built-UpComp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 575 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 717 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/RangeOther (See Remarks)Refrigerator Cooling Window/Wall Unit Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetCeramic TileVinyl Heating CentralElectricHeat PumpNatural GasWindow/Wall Unit(S) Interior Amenities Fire/Smoke Alarm(S)Mini BlindsUnfurnished

Property Features

1 Bedroom Unit Avg Rent 612.50 1 Bedroom Units 2 2 Bedroom Unit Avg Rent 665.00 2 Bedroom Units 10 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 162841.40 Annual Elec Exp 363.43 Annual Gas Exp 0.00 Annual Ins Exp 2808.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 3865.00 Annual Legal And Acctg 0.00 Annual Maint Exp 4725.00 Annual Mgmt Exp 16951.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 7229.00 Community Amenities No Pool Cross Street Dysart Road And Van Buren Street Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric ApsIndividual Meter Gas Individual MeterSw Gas Gross Annual Sch Inc 171412.00 Hoa YN No Net Operating Income 133780.00 New Financing 1031 ExchangeConventionalOther (See Remarks) Operating Exp 37632.63 Other Income 0.00 Other Type Packaged Offering Owner Pays LandscapingSewerTrash CollectionWater Project Type 5 - 12 Units Sale Includes Land & BuildingPersonal Property Sewer Sewer - AvailableSewer - PublicSewer-In & Connected Source Of Financial Data Books Shwn Accpt OfrProjected ProformaProvided By Owner Tax Municipality Maricopa - County Taxes 1691.20 Tenant Pays Cable TvElectricGas Totl Mnth Rntal Inc 14284.00 Vacancy Allowance 0.05 Water City FranchiseMaster Meter Zoning R4 & R3

Listing provided by Keller Williams Realty Phoenix: (480) 768-9333.


© 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 2022-05-21T16:17:43.583.
 
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Elite Home Advisors | Keller Williams Realty Phoenix
4862 E. Baseline Rd.
Mesa AZ, 85206