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4820 W Palo Verde Drive

Glendale, AZ 85301
  • $10,000,000
  • STATUS: Active
  • ON SITE: 89 Days
  • MLS #: 6425266
UPDATED: 82 min ago
$10,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1984
County:
Area:

School Ratings & Info

Description

Villas West was built in 1984 and features 285 mostly townhome units situated on approximately 19-acres consisting of 57, two-story frame and stucco buildings. The property has flat and pitched tile roofs with individual air conditioning units and individual water heaters. The current offering is for 51 of the 285 total town home units. The community features some spectacular amenities including two sparkling swimming pools, tuck-under covered parking, spacious courtyards, and onsite management / HOA. Villas West offers spacious two- and three-bedroom loft and townhouse floor plans offering the largest units within the submarket.Unit amenities include large private backyards, washer / dryer hook-ups, tile floors, and storage. The kitchens are electric with refrigerator, range, dishwasher, and disposal. Villas West is located in Glendale, situated on Bethany Home Road just west of 48th Avenue. Residents of Villas West enjoy suitable access to the entire Valley of the Sun as well as instantaneous submarket attractions, shopping, and demand generators, including: Grand Canyon University, Westgate and State Farm Stadium, and MetroCenter Mall. Loop 101, I-10, and I-17 Freeways: The Loop 101 Freeway runs north into Glendale, and then to the I-17 Black Canyon, which connects Phoenix to Sedona and Flagstaff, then to Scottsdale. Downtown Phoenix and Phoenix Sky Harbor Airport are a 15-minute drive from the property via I-10.

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Arizona Regional MLS logo© 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 2022-09-26T17:19:54.49.
www.yournextphoenixhome.com/homes/130360509
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4820 W Palo Verde Drive Glendale, AZ 85301

  • Price: $10,000,000
  • Status: Active
  • On Site: 89 Days
  • Updated: 82 min ago
  • MLS #: 6425266
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1984
Built
Neighborhood:
hallcraft villas west 8
County:
Maricopa
Area:
Glendale
School District:
068 - Alhambra Elementary District
Property Description
Villas West was built in 1984 and features 285 mostly townhome units situated on approximately 19-acres consisting of 57, two-story frame and stucco buildings. The property has flat and pitched tile roofs with individual air conditioning units and individual water heaters. The current offering is for 51 of the 285 total town home units. The community features some spectacular amenities including two sparkling swimming pools, tuck-under covered parking, spacious courtyards, and onsite management / HOA. Villas West offers spacious two- and three-bedroom loft and townhouse floor plans offering the largest units within the submarket.Unit amenities include large private backyards, washer / dryer hook-ups, tile floors, and storage. The kitchens are electric with refrigerator, range, dishwasher, and disposal. Villas West is located in Glendale, situated on Bethany Home Road just west of 48th Avenue. Residents of Villas West enjoy suitable access to the entire Valley of the Sun as well as instantaneous submarket attractions, shopping, and demand generators, including: Grand Canyon University, Westgate and State Farm Stadium, and MetroCenter Mall. Loop 101, I-10, and I-17 Freeways: The Loop 101 Freeway runs north into Glendale, and then to the I-17 Black Canyon, which connects Phoenix to Sedona and Flagstaff, then to Scottsdale. Downtown Phoenix and Phoenix Sky Harbor Airport are a 15-minute drive from the property via I-10.
Exterior Features

Construction Frame - Wood Construction Finish Stucco Covered Parking Spaces 51.00 Exterior Amenities Patio/Balcony Lot Size Dimensions 1300' X 540' Parking Carport Roads Asphalt Roofing FoamTile

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 950 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 1098 3 Bedroom Unit Baths 2 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included DishwasherDisposalF/S Oven/RangeRefrigeratorW/D Hookup Cooling ElectricIndividual Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating Individual

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 1055.00 2 Bedroom Units 31 3 Bedroom Unit Avg Rent 1160.00 3 Bedroom Units 20 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 805790.00 Annual Elec Exp 5000.00 Annual Ins Exp 5100.00 Annual Legal And Acctg 6000.00 Annual Maint Exp 26000.00 Annual Mgmt Exp 32252.00 Annual Other Expense 1000.00 Annual Ownr Asoc Fee 119340.00 Annual Rplcmnt Rsrvs 12750.00 Community Amenities Pool Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Srp Gas None Gross Annual Sch Inc 838200.00 Hoa YN Yes Net Operating Income 575041.00 New Financing Conventional Operating Exp 231249.00 Other Income 10000.00 Owner Pays None Payment Includes InterestPrincipal Project Type 51 - 99 Units Sale Includes Building(S) Only Sewer Sewer - Public Source Of Financial Data Projected Proforma Tax Municipality Glendale Taxes 23807.00 Tenant Pays ElectricSewerTrashWater Vacancy Allowance 0.05 Water City Franchise Zoning R-4

Arizona Regional MLS logo Listing provided by Svn/Desert Commercial Advisors: [IDXCONTACTINFORMATION] .


Arizona Regional MLS logo© 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 2022-09-26T17:19:54.49.
 
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Elite Home Advisors | Keller Williams Realty Phoenix
4862 E Baseline Rd
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