NOT LISTED FOR SALE

Apache Junction, AZ 85120

Studio
-- Bath
-- Sq Ft
1968 Built

Last Sold September 09, 2015

Last sale price $375,000

170 Days on Market

Highlights

  • RV or Boat Parking
  • Cooling Available
  • Heating Available

About This Home

As of September 2015

Huge Price Drop! This is a great opportunity to pick up an investment with terrific upside potential on a double frontage commercial corner. Property consists of 24 mobile home/ RV spaces on approximately 2 acres. Park includes a 781 sqft block construction office/ laundry building, paved roads, lighting, and updated individual water and electric meters. Included in the package are 4 park owned mobile homes rented for $1100 and $895/mo.

Last Agent to Sell the Property

James Wehner

West USA Realty License #BR557829000 Listed on: 03/06/2015

West USA Realty

Last Buyer's Agent

Audra Holinka

HomeSmart License #SA568313000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,587

Year Built

  • Built in 1968

Parking

  • 48 Open Parking Spaces
  • 48 Parking Spaces
  • Free Parking
  • RV or Boat Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, water
  • The owner pays for gas, trash collection, sewer
  • Assessor Parcel Number 100-30-031

Community Details

Overview

  • 24 Units
  • Building Dimensions are 264.32ft x 331.69ft

Building Details

  • Operating Expense $5,705
  • Gross Income $50,864
  • Net Operating Income $38,407

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,587

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Cross Street: Ironwood and Superstion Blvd
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: C3
  • Number Of Buildings: 1
  • Year Built: 1968
  • Mobile Home Prk Info Avg Rent R V Spaces: 250.0
  • Mobile Home Prk Info Total Number Spaces: 24
  • Tax Year: 2014
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Sch of Personal Prop
  • Construction Type: See Remarks
  • Roof: See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Free, RV/Boat Parking, Add'l Parking Avail, <1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 48.0
  • Total Parking Spaces: 48.0
  • General Property Description:Uncvrd Parking Spcs: 48.0
  • General Property Description:Total Parking Spcs: 48.0
  • Parking:Free: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking:RVBoat Parking2: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Community Amenities:Other18: Yes
  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:See Remarks15: Yes

Fee Information

  • Annual Fuel Expense: 520.0
  • Trash Expense: 1074.0
  • Annual Water Sewer Expense: 1224.0

Lot Info

  • Lot Size: 264.32ft x 331.69ft
  • Additional Parcels: No
  • Parcel #: 100-30-031

Multi Family

  • Owner Pays: Gas, Trash Collection, Sewer
  • Tenant Pays: Electricity, Water
  • Number Of Units Total: 24
  • Annual Gross Income: 50863.5
  • Insurance Expense: 1300.0
  • Property Net Operating Income: 38407.0
  • Annual Operating Expense: 5705.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 1587.0
  • Tax Book Number: 100.00
  • Tax Lot: 0
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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 List to Sale Price per Sq Ft
09/09/2015 09/09/15 Sold $375,000 -34.8% --
08/21/2015 08/21/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $575,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

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 $2,506 -- -- --
2024 $2,365 -- -- --
2023 $2,467 $26,010 $8,950 $17,060
2022 $2,365 $26,010 $8,950 $17,060
2021 $2,409 $16,327 $0 $0
2020 $2,475 $16,391 $0 $0
2019 $2,512 $16,520 $0 $0
2018 $3,160 $23,046 $0 $0
2017 $1,491 $19,261 $0 $0
2016 $1,455 $19,261 $15,412 $3,849
Source: Public Records

Agents Affiliated with this Home

  • James Wehner

    Seller's Agent in 2015

    James Wehner

    West USA Realty

    (480) 323-5462

    40 Total Sales

    James Wehner
    Section Image
  • Audra Holinka

    Buyer's Agent in 2015

    Audra Holinka

    HomeSmart

    (480) 650-7064

    64 Total Sales

    Audra Holinka
    Section Image
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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5246181

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Pinal County Apache Junction

85120

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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