Description
4.15 CAP on actual numbers! Bulk Sale, priced at $6.5m. Five contiguous 4-plex's, priced at $1.3m each (6635, 6641, 6701, 6709, & 6715 E. Avalon Dr) with 20 garden style apartments on 1.79 ''gross'' acres in the heart of Old Town Scottsdale. $275k upgrades (cabinets, SS appliances, windows, tile floors and showers) completed in 2019. On site newer coin op laundry (8 washers and 8 gas dryers) provide additional revenue. Located minutes from Scottsdale Fashion District, shopping, and world class entertainment and restaurants. New ultra modern white kitchens with stainless steel appliances, including 36'' side by side refrigerator, microwave, and upgraded stoves. All tile floors for easy maintenance.Sale is contingent upon the simultaneous closing of 4 other adjacent four plex style buildings: 6641,(MLS#6290805) 6701,(MLS#6290799) 6635,(MLS#6290798) & 6715(MLS#6290801) E. Avalon Drive R5 zoning and 1.79 ''gross acres'' provides unique redevelopment opportunity. Please note, sold ''As Is'', waive appraisal, and non refundable deposit, no contingencies.
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School Information
Description
4.15 CAP on actual numbers! Bulk Sale, priced at $6.5m. Five contiguous 4-plex's, priced at $1.3m each (6635, 6641, 6701, 6709, & 6715 E. Avalon Dr) with 20 garden style apartments on 1.79 ''gross'' acres in the heart of Old Town Scottsdale. $275k upgrades (cabinets, SS appliances, windows, tile floors and showers) completed in 2019. On site newer coin op laundry (8 washers and 8 gas dryers) provide additional revenue. Located minutes from Scottsdale Fashion District, shopping, and world class entertainment and restaurants. New ultra modern white kitchens with stainless steel appliances, including 36'' side by side refrigerator, microwave, and upgraded stoves. All tile floors for easy maintenance.Sale is contingent upon the simultaneous closing of 4 other adjacent four plex style buildings: 6641,(MLS#6290805) 6701,(MLS#6290799) 6635,(MLS#6290798) & 6715(MLS#6290801) E. Avalon Drive R5 zoning and 1.79 ''gross acres'' provides unique redevelopment opportunity. Please note, sold ''As Is'', waive appraisal, and non refundable deposit, no contingencies.
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