$923,800
$276K PRICE DROP

4215 N Granada Dr Eloy, AZ 85131

Estimated payment $5,141/month

Total Views 865
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System

About This Home

$71K a Door 8.2 Cap 13 Unit with Nice Unit Mix of 4-2 Bedrooms and 9-1 Bedrooms. Solid Slump Block Classic Spanish Construction. All Units Sprinklered, Security Doors, Tubs, Lots of Parking. Property is Fenced with Gathering Area, Ramada with BBQ. Eloy is Experiencing Good Growth in the manufacturing and Industrials sectors such as Lucid Motors, Townley Manufacturing, Republic Plastics and Otto Industries. All Facts and Figures are approximate, Buyer to verify to their own satisfaction.

Last Listed By

Eric Hegarty

Better Homes & Gardens Real Estate SJ Fowler License #SA650759000 Listed on: 08/22/2024

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,864

Year Built

  • Built in 1973

Home Design

  • Composition Roof

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces
  • Over 1 Space Per Unit

Utilities

  • Cooling Available
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Legal Lot and Block 3 / H
  • Assessor Parcel Number 403-06-150-A

Community Details

Overview

  • 3 Buildings
  • 13 Units
  • Building Dimensions are 200x150
  • Toltec/Arizona Valley Unit Two Subdivision

Building Details

  • Operating Expense $48,159
  • Gross Income $126,973
  • Net Operating Income $75,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,864

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: I-10 and Toltec Rd
  • Legal Info Range: 07E
  • Property Type: Multiple Dwellings
  • Zoning: GR
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1973
  • Tax Year: 2023
  • Directions: From Phoenix, South on I-10 just south of Casa Grande Exits to Toltec Rd Exit 203, Left off ramp over I-10 to Giles. Left to Granada Dr. Right to Property.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 6312.0
  • Subdivision Name: TOLTEC/ARIZONA VALLEY UNIT TWO
  • Tax Parcel Letter: A
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Concrete
  • Appliances: Free-Standing Range, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Slump Block
  • Roof: Composition
  • Construction:Slump Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0

Utilities

  • Electric: Other (See Remarks), APS, Individual Meter
  • Cooling: Electric, Heat Pump
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Other

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:Fire Sprinklers2: Yes

Fee Information

  • Annual Fuel Expense: 4634.0
  • Trash Expense: 864.0
  • Annual Water Sewer Expense: 14190.0

Schools

  • Junior High Dist: Casa Grande Union High School District

Lot Info

  • Lot Size: 200x150
  • Additional Parcels: No
  • Parcel #: 403-06-150-A

Multi Family

  • Owner Pays: Other, Gas, Trash Collection, Water, Sewer
  • Number Of Units Total: 13
  • Electric Expense: 6484.0
  • Annual Gross Income: 126972.9
  • Insurance Expense: 6000.0
  • Maintenance Expense: 5011.0
  • Property Net Operating Income: 75950.0
  • Annual Operating Expense: 48159.0
  • Vacancy Allowance Rate: 0.07

Tax Info

  • Tax Annual Amount: 2864.0
  • Tax Block: H
  • Tax Book Number: 403.00
  • Tax Lot: 3

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

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Price Changed $923,800 0.0% --
04/21/2025 04/21/25 Price Changed $924,000 0.0% --
04/14/2025 04/14/25 Price Changed $924,200 0.0% --
04/07/2025 04/07/25 Price Changed $924,400 0.0% --
03/31/2025 03/31/25 Price Changed $924,600 0.0% --
03/24/2025 03/24/25 Price Changed $924,800 0.0% --
02/26/2025 02/26/25 For Sale $925,000 0.0% --
02/22/2025 02/22/25 Off Market $925,000 -- --
11/19/2024 11/19/24 Price Changed $925,000 -7.0% --
10/16/2024 10/16/24 Price Changed $995,000 -5.2% --
09/22/2024 09/22/24 Price Changed $1,050,000 -12.5% --
08/22/2024 08/22/24 For Sale $1,200,000 +66.7% --
03/19/2021 03/19/21 Sold $720,000 -5.5% --
03/18/2021 03/18/21 Price Changed $762,000 0.0% --
02/10/2021 02/10/21 Pending -- -- --
09/12/2020 09/12/20 For Sale $762,000 +68.6% --
12/13/2018 12/13/18 Sold $452,000 -1.7% --
07/26/2018 07/26/18 Pending -- -- --
07/26/2018 07/26/18 For Sale $460,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6748775

Arizona Regional Multiple Listing Service (ARMLS)