$2,200,000
Phoenix, AZ 85027
MLS# 6141807
Status: Closed
1 / 27
Property Description
Location!! Location!! Location!! 10 Unit Condo Package Deal plus 1 garage. 100% OCCUPIED!! 2- Three Bed Units (1257 sq ft each) 8 -Two Bed Two Bath Condo Units (1019 sq ft each)1- Detached Garage (180 sq ft) This complex has 216 individually owned units. Professionally managed by HOA. FHA Approved. Water, Trash included in HOA Fees. Studs-In Travelers Insurance Policy included in HOA fees. Luxurious Clubhouse with fully equipped fitness center, sauna, movie theater and business center. Three large swimming pools with rock waterfall features and four spas. Fitness & Sauna Room is equipped with full showers. Close to shopping and highway access 101 & I-17. Great Location close to Costco, Honor Health, AMEX, Honeywell and Petsmart!!
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $2,200,000
Sold Price: $2,200,000
Status: Closed
List Date: 2020-10-04
Location, Tax & Legal
Assessor's Map #: 9
Assessor's Parcel #: 83
Add'l Parcels: No
Tax Municipality: Phoenix
Taxes: 9793
Legal: SPRINGS AT YORKSHIRE CONDOMINIUM MCR 078007
Marketing Name: SPRINGS AT YORKSHIRE
Map Code/Grid: K33
House Number: 2929
Compass: W
Street Name: Yorkshire
St Suffix: Drive
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85027
County Code: Maricopa
Subdivision: SPRINGS AT YORKSHIRE CONDOMINIUMS
Assessor Number: 206-09-083
Tax Year: 2019
General Property Description
# of Buildings: 16
Uncvrd Parking Spcs: 24
Lot Size Dimensions: 38740
Total # of Units: 10
Elementary School District: Deer Valley Unified District
High School District: Deer Valley Unified District
Elementary School: Park Meadows Elementary School
Jr. High School: Deer Valley Middle School
High School: Deer Valley High School
Year Built: 1999
Zoning: Multifamily
Project Type
5 - 12 Units: 1
Construction
Block: 1
Wood Frame: 1
Const - Finish
Stucco: 1
Roofing
Tile: 1
Floors
Concrete: 1
Wood: 1
Sale Includes
Other (See Remarks): 1
Income & Expenses
Owner Association: Yes
Annual Ownr Asoc Fee: 324
Operating Exp: 10117
Other Income: 900
Vacancy Allowance: 0.02
Adjusted Gross Inc: 178507
Pmt & Rate Info
Cap Rate: 5.02
Equity: 2500000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Text: 1
Email: 1
Phone Call: 1
Community Features
Pool: 1
Heated Pool(s): 1
Spa(s): 1
Heated Spa(s): 1
Sauna: 1
Community Showers: 1
Clubhouse: 1
Exercise Room: 1
Game/Rec Room: 1
Barbecue: 1
Heating
Electric: 1
Natural Gas: 1
Individual: 1
Central: 1
Heat Pump: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Exterior Amenities
Green Landscaping: 1
Desert Landscaping: 1
Fenced: 1
Cable TV Available: 1
Patio/Balcony: 1
Security Light(s): 1
Tenant Pays
Gas: 1
Electricity: 1
Cable TV: 1
Appliances Included
Built-In Range: 1
Refrigerator: 1
Dishwasher: 1
Disposal: 1
Microwave: 1
Washer/Dryer: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Master Meter: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
1 Space/Unit: 1
Assigned: 1
Electric
APS: 1
Individual Meter: 1
Gas
SW Gas: 1
Individual Meter: 1
Owner Pays
None: 1
New Financing
Conventional: 1
1031 Exchange: 1
Special
Owner/Agent: 1
Existing 1st Loan
Conventional: 1
Existing 2nd Loan
Other (See Remarks): 1
Existing 3rd Loan
Other (See Remarks): 1
Reports/Disclosures
None: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 10
Avg Rent: 1200
Avg SqFt: 1050
# Baths: 2
3 Bedrooms Units
# 3 Bedroom Units: 2
Avg Rent: 1300
Avg SqFt: 1270
# Baths: 2
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: I-17 & Yorkshire Dr
Directions: Go West on Yorkshire Dr, community main gate on South side of Yorkshire Dr.
Geo Lat: 33.662347
Geo Lon: -112.121492
Status Change Info
Off Market Date: 2021-01-22
Under Contract Date: 2021-01-19
Close of Escrow Date: 2021-03-02
Sold Price: $2,200,000
Legal Info
Lot Number: 1048
Income Expenses
Gross Annual Sch Inc: 181250
Net Operating Income: 125620
Property Features
Project Type: 5 - 12 Units
Construction: Block; Wood Frame
Const - Finish: Stucco
Roofing: Tile
Floors: Concrete; Wood
Sale Includes: Other (See Remarks)
Community Features: Pool; Heated Pool(s); Spa(s); Heated Spa(s); Sauna; Community Showers; Clubhouse; Exercise Room; Game/Rec Room; Barbecue
Exterior Amenities: Green Landscaping; Desert Landscaping; Fenced; Cable TV Available; Patio/Balcony; Security Light(s)
Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Heating: Natural Gas; Individual; Central; Heat Pump
Cooling: Ceiling Fan(s); Central Air
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: SW Gas; Individual Meter
Parking Features: Carport; 1 Space/Unit; Assigned
Owner Pays: None
Tenant Pays: Electricity; Gas; Cable TV
Source of Fincl Data: Owner
Special: Owner/Agent
Showing Notification Methods: Text; Email; Phone Call
Existing 1st Loan: Conventional
Existing 2nd Loan: Other (See Remarks)
Existing 3rd Loan: Other (See Remarks)
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional; 1031 Exchange
Environmental: None
Listing Office: Rapido Realty, LLC
Last Updated: March - 03 - 2025
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