NOT LISTED FOR SALE

1420 S Warner Dr Unit LOT Apache Junction, AZ 85120

3 Beds
1 Bath
-- Sq Ft
1957 Built

Last Sold March 30, 2018

Last sale price $250,000

141 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Window Unit Heating System

About This Home

As of March 2018

Cash flow investment! $4,995 a month gross rent roll! Buyer to verify all material facts. Seller makes no warranties, either expressed or implied. Property is being sold AS-IS. Do not disturb tenants. Drive by only. The park has RVs, mobile homes, and a single family-detached house! All units are park owned! As of 10/9/17 park is fully rented! Buy 9 units and a single family home for the price of a fourplex!

Last Listed By

Eric Fuller

DeLex Realty License #SA641166000 Listed on: 10/08/2017

DeLex Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,136

Year Built

  • Built in 1957

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Flooring

  • Wood
  • Carpet
  • Concrete
  • Ceramic Tile

Schools

  • Brinton Elementary School
  • Cactus Canyon Junior High
  • Apache Junction High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Window Unit Heating System

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Block 1
  • Assessor Parcel Number 102-34-061

Community Details

Overview

  • 10 Units
  • Building Dimensions are 0.88 acres

Building Details

  • Operating Expense $10,436
  • Gross Income $56,943
  • Net Operating Income $44,128

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,136

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Cross Street: Meridian Rd. and Broadway Ave.
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: Mobile Home Par
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1957
  • Mobile Home Prk Info Avg Rent R V Spaces: 432.0
  • Average Rent Single Wide: 432.0
  • Mobile Home Prk Info Total Number Spaces: 9
  • Tax Year: 2018
  • Directions: Head East on Broadway past Meridian, south on Warner, property will be on the right.
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood, Concrete
  • Appliances: BI Oven/Range, Microwave
  • Appliances Included:Microwave2: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Other (See Remarks), None
  • Construction Type: Stucco, Block, Frame - Wood
  • Roof: Foam, Metal
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Garage Details: Yes

Utilities

  • Electric: SRP, Submetered System
  • Cooling: Window/Wall Unit
  • Heating: Window/Wall Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 900.0
  • Annual Water Sewer Expense: 8400.0

Schools

  • Elementary School: Brinton Elementary
  • High School: Apache Junction High School
  • Junior High Dist: Apache Junction Unified District
  • Middle Or Junior School: Cactus Canyon Junior High

Lot Info

  • Lot Size: 0.88 acres
  • Additional Parcels: No
  • Parcel #: 102-34-061

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 10
  • Annual Gross Income: 56943.0
  • Property Net Operating Income: 44128.0
  • Annual Operating Expense: 10436.02
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1136.02
  • Tax Block: 1
  • Tax Book Number: 102.00
  • Tax Lot: 0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $250,000 -2.0% --
10/08/2017 10/08/17 For Sale $255,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5671827

Arizona Regional Multiple Listing Service (ARMLS)