$1,150,000
$25K PRICE DROP

12570 N Cotton Ln Unit 29-32 Surprise, AZ 85388

Estimated payment $6,281/month

Total Views 808
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Clubhouse
  • 10 Car Attached Garage
  • Central Heating and Cooling System
  • Heated Community Pool
  • Resident Manager or Management On Site
  • Ceiling Fan

About This Home

Brand-new 4-plex in Hayden Farms, built for long-term durability and low maintenance.

Each unit offers 3 bedrooms, 2.5 baths, open-concept living, quartz countertops, stainless appliances, in-unit laundry, and private garages. Great location near Loop 303, shopping, dining, and top-rated schools.

HOA is $988/month for all units and covers water, sewer, trash, exterior insurance, landscaping, clubhouse, pool, and tot lot. Units are in the lease-up phase. Est. rents: $1,820 (2-story) and $1,920 (3-story). MAXX PM is the required onsite management (7% of gross rents). Ideal turnkey investment for owner-occupants, investors, or 1031 exchange. Rare opportunity in one of the West Valley's fastest-growing communities. Buyer/Broker to verify all info.

Listing Agent

Sherida Zenger

Long Realty Unlimited License #SA686590000 Listed on: 07/23/2025

Long Realty Unlimited

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $322

Year Built

  • Built in 2025

Parking

  • 10 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Carpet

Schools

  • Dysart Middle School
  • Dysart High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 502-12-430

Community Details

Overview

  • 4 Units
  • Building Dimensions are .03
  • Hayden Farms Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $18,367
  • Gross Income $91,579
  • Net Operating Income $63,241

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$322

Year Built

Built in 2025

Lot Details

0

Listing Details

  • Cross Street: Cotton and Cactus
  • Legal Info Range: 2W
  • Property Type: Multiple Dwellings
  • Zoning: Residential
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2025
  • Tax Year: 2024
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Professional Management Expense: 6189.0
  • Subdivision Name: HAYDEN FARMS
  • Garage Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Carpet
  • Appliances: Disposal, Dishwasher, Refrigerator, Microwave
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes
  • Community Features:Clubhouse: Yes
  • Community Features:Pool2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Stucco, Stone
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Attached
  • Attached Garage: Yes
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 10.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Electric: City Electric
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Manager Res/Office, Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Schools

  • Elementary School: Dysart Middle School
  • High School: Dysart High School
  • Junior High Dist: Dysart Unified District
  • Middle Or Junior School: Dysart Middle School

Lot Info

  • Lot Size: .03
  • Additional Parcels: No
  • Parcel #: 502-12-430

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 4
  • Annual Gross Income: 91578.67
  • Property Net Operating Income: 63241.0
  • Annual Operating Expense: 18367.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 322.0
  • Tax Book Number: 502.00
  • Tax Lot: 9

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $322 $2,365 $2,365 --
2024 $328 $2,252 $2,252 --
2023 $328 $2,145 $2,145 $0
2022 $331 $3,750 $3,750 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 Price Changed $1,150,000 -2.1% --
07/23/2025 07/23/25 For Sale $1,175,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $862,000 Thomas Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $646,500 Construction
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6896435

Arizona Regional Multiple Listing Service (ARMLS)

APN: 502-12-430