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8034 S Central Avenue

Phoenix, AZ 85042
  • $3,200,000
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: 6401984
UPDATED: 37 min ago
$3,200,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1941
County:
Area:

School Information

Description

SELLING FOR LAND VALUE! PRIME REDEVELOPMENT OPPORTUNITY IN SOUTH PHOENIX! This is an exciting venture to design, engineer, and build a 48-unit townhome build-to-rent community on 2.7 AC (net) or 3.18 AC (gross) zoned R-3. 0.1 Miles from the Future Light Rail South Central Extension Stop on Baseline Rd. APNs included in Sale: 300-43-025, 300-43-027, 300-43-026, 300-43-028, 300-43-029.

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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 Yost Realty Group at RE/MAX Casa Grande. Data last updated 2022-07-03T10:21:35.103.
www.yosthomes.com/homes/128867556
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8034 S Central Avenue Phoenix, AZ 85042

  • Price: $3,200,000
  • Status: Active
  • On Site: 45 Days
  • Updated: 37 min ago
  • MLS #: 6401984
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1941
Built
County:
Maricopa
Area:
Phoenix
Elementary School:
Valley View Elementary School
Middle School:
C O Greenfield School
High School:
South Mountain High School
School District:
066 - Roosevelt Elementary District
Property Description
SELLING FOR LAND VALUE! PRIME REDEVELOPMENT OPPORTUNITY IN SOUTH PHOENIX! This is an exciting venture to design, engineer, and build a 48-unit townhome build-to-rent community on 2.7 AC (net) or 3.18 AC (gross) zoned R-3. 0.1 Miles from the Future Light Rail South Central Extension Stop on Baseline Rd. APNs included in Sale: 300-43-025, 300-43-027, 300-43-026, 300-43-028, 300-43-029.
Exterior Features

Construction Other (See Remarks) Construction Finish Other (See Remarks) Covered Parking Spaces 0.00 Lot Size Dimensions 303.1 X 402.1 Parking <1 Space Per Unit Roads Dedicated Street Roofing Comp ShingleOther (See Remarks)

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 0 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 None Cooling Window/Wall Unit Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Other Heating Wall Furnace

Property Features

1 Bedroom Unit Avg Rent 700.00 1 Bedroom Units 12 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 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 86400.00 Annual Elec Exp 2000.00 Annual Ins Exp 3000.00 Annual Maint Exp 12000.00 Annual Mgmt Exp 3600.00 Annual Ownr Asoc Fee 0.00 Annual Wtr Swr Exp 6000.00 Community Amenities No Pool Cross Street S Central Ave And E Beautiful Lane Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas Sw Gas Gross Annual Sch Inc 96000.00 Hoa YN No Net Operating Income 68695.00 New Financing Conventional Operating Exp 27305.00 Other Income 0.00 Other Type Other (See Remarks) Owner Pays Trash CollectionWater Project Type 5 - 12 Units Sale Includes Land & BuildingOther (See Remarks) Sewer Sewer - Public Source Of Financial Data Projected ProformaProvided By Owner Tax Municipality Phoenix Taxes 705.00 Tenant Pays ElectricOther (See Remarks) Totl Mnth Rntal Inc 8050.00 Vacancy Allowance 0.10 Water City Franchise Zoning R-3 And R1-6

Arizona Regional MLS logo Listing provided by Keller Williams Realty Phoenix: (480) 768-9333.


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 Yost Realty Group at RE/MAX Casa Grande. Data last updated 2022-07-03T10:21:35.103.
 
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Yost Realty Group at RE/MAX Casa Grande
317 E. Cottonwood Lane, Suite C
Casa Grande AZ, 85122