$935,000
Glendale, AZ 85301
MLS# 4850426
Status: Closed
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Property Description
Opportunity to purchase large 28 unit single story apartment complex at very good price. Located at the heart of downtown Glendale, this property boasts large 2 bedroom, one bathroom units with a very large private backyard. Fenced-in pool and secure laundry room make for a loyal tenant base.
Details
Maps
Documents
Contract Info
Ownership: Fee Simple
Current Price: $935,000
Sold Price: $935,000
Status: Closed
List Date: 2012-11-15
Location, Tax & Legal
Assessor's Map #: 26
Assessor's Parcel #: 4
Assessor Parcel Ltr: H
Add'l Parcels: No
Tax Municipality: Glendale
Census Tract: 93001
Taxes: 9282
Legal: S 210' OF N 665' OF W2 NE4 NE4 EX E 160' & W 25' 2.26 AC
Marketing Name: DESERT VILLAGE APARTMENTS
Map Code/Grid: N32
House Number: 6807
Compass: N
Street Name: 45TH
St Suffix: Avenue
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85301
Zip4: 3522
County Code: Maricopa
Assessor Number: 146-26-004-H
Tax Year: 2012
General Property Description
# of Buildings: 7
Uncvrd Parking Spcs: 28
Lot Size Dimensions: 2.2363 acres
Total # of Units: 28
Elementary School District: Glendale Elementary District
Elementary School: Other
Jr. High School: Other
High School: Other
Year Built: 1965
Zoning: R4
Legal Info
Range: 2E
Section: 9
Township: 2N
Project Type
25 - 50 Units: 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Carpet: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 9282
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Pmt & Rate Info
Down Payment: 0
Equity: 950000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0
Community Features
Pool: 1
Play Area: 1
Heating
Electric: 1
Cooling
Electric: 1
Tenant Pays
Gas: 1
Electricity: 1
Cable TV: 1
Appliances Included
Free-Standing Range: 1
Refrigerator: 1
Source of Fincl Data
Other (See Remarks): 1
Water Source
City Franchise: 1
Master Meter: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
>1 Space Per Unit: 1
Paved: 1
Electric
SRP: 1
Individual Meter: 1
Gas
SW Gas: 1
Individual Meter: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
Landscaping: 1
Pool Maintenance: 1
New Financing
Conventional: 1
Existing 1st Loan
Treat as Free&Clear: 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
Contact Info
List Agent Home Phn: 602-795-5537
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 28
Avg Rent: 525
Avg SqFt: 815
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: GLENDALE AVE AND 43RD AVE
Directions: WEST ON GLENDALE TO 45TH AVE - SOUTH ON 45TH AVE TO PROPERTY
Geo Lat: 33.536911
Geo Lon: -112.154872
Status Change Info
Off Market Date: 2012-12-04
Under Contract Date: 2012-12-01
Close of Escrow Date: 2012-12-19
Sold Price: $935,000
Property Features
Project Type: 25 - 50 Units
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: Pool; Play Area
Appliances Included: Free-Standing Range; Refrigerator
Cooling: Electric
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: SRP; Individual Meter
Gas: SW Gas; Individual Meter
Parking Features: Carport; >1 Space Per Unit; Paved
Owner Pays: Water; Trash Collection; Landscaping; Pool Maintenance
Tenant Pays: Electricity; Gas; Cable TV
Source of Fincl Data: Other (See Remarks)
Existing 1st Loan: Treat as Free&Clear
Existing 2nd Loan: Other (See Remarks)
Existing 3rd Loan: Other (See Remarks)
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional
Environmental: None
Data packet 
Listing Office: GPCI AZ
Last Updated: January - 14 - 2021
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