12717 W Amy Drive, Surprise, AZ 85378 (MLS# 22202919)

12717 W Amy Drive, Surprise, AZ 85378

$995,000
Property Type: Multi-Family Square Footage: 3,001 Lot Size (sq. ft.): 188 Status: Closed
Current Price: $995,000 List Date: 2/02/2022 Last Modified: 12/16/2024

Description

What an opportunity to own two fourplexes - Construction is still underway and completion should be in April of this year. There is 12730 W Amy that is also available to complete the package. Stackable Washer and Dyers have been added along with stainless appliances. Dual pane windows along with new roof and new air-conditioners. MANY MANY more upgrades. In this market many investors will write the contract and wait for the completion knowing that the good product is here! One other building has been finished is in escrow and currently has proven rents of $1,495 per door. Buyer to verify all facts and figures.

More Information MLS# 22202919

Address Information

Country: USA Street #: 12717 Direction: W Street Name: Amy Suffix: Drive State/Province: AZ Zip Code: 85378 County: Maricopa

Location, Tax & Legal

Comparable Only Listing: No Tax Year: 2021 Taxes: 842.06 Assessments: 0 Taxes For: Dwelling & Land Legal Description: Legal Description supplied by title to govern Community: None Municipality/Zoning: Other - CALL Fire Protection: Included in Taxes FEMA Flood Zone: No Municipal Flood Zone: No Tax Code: 501-18-269 Area: Maricopa Subdivision: Out Of Pima County

Contract Information

Method of Title: Fee (Simple) Distressed Info: None Current Price: $995,000 Sold Price: $995,000 Listing Date: 2022-02-01 Status: Closed

Status Change Info

Off Market Date: 2022-02-02 Sold Price/SqFt: 331.56 Lot Sz Sold Prc/SqFt: 170.73 How Sold: Conventional Pending Date: 2022-02-02 Sold Date: 2022-07-14 Sold Price: $995,000

Showing Information

Directions: RH Johnson Blvd and Bell Rd-turn into Nash Street. Turn South on Nash until you reach Tasha. Turn West and property is on the north side of the street.

General Property Information

Dwelling Type: Quadruplex Attached/Detached: Attached Construction Status: Existing Lot Dimensions: irr Lot Acres: 0.13 Total Parking: 7 Lot Sqft: 5828 Lot Size Source: Assessor Horse Property: No School District: Other Elementary School: Other Middle School: Other High School: Other Horse Facilities: No List Price/SqFt: 366.54 Lot Size Price/SqFt: 188.74 Combined SqFt: 3001 Year Built: 1986

Unit Info

# of Units/2 BR: 4

Electric

Electric Company: APS

Unit 1 Information

# Beds: 2 # Full Baths: 1 SqFt: 750 Occupancy: No Stories: Multi Floor: 1st Furnished: No Parking: On Property

Income

Vacancy Loss: 2153 Other Income: 0 Adjusted Gross: 69607 Total Expenses: 11911 Gross Scheduled Rent: 71760 Net Opp Income: 57696

Gas

None: 1

Unit 2 Information

# Beds: 2 # Full Baths: 1 SqFt: 750 Occupancy: No Stories: Two Floor: 1st Furnished: No Parking: On Property

Analysis

Gross Rent Multi: 14.29 Vacancy Rate %: 3 Exp/SqFt: 3.97 Exp % of Gross: 17.11 Cap Rate %: 5.8

Construction

Frame - Stucco: 1

Expenses

Admin Expenses: 0 Capital Expenses: 0 Contract Services: 600 Figures Presented: Proforma Gas/Electric: 0 Insurance: 1300 Maintenance Supplies: 1200 Management: 5569 Resident Manager: 0 Taxes/Assessments: 842 Water/Sewer: 2400 Other Expenses: 0

Style

Contemporary: 1

Sewer

Connected: 1

Roof

Shingle: 1

Water

Public: 1

Living Areas

Living Room: 1 Off Kitchen: 1

Dining Areas

Eat-In Kitchen: 1

Fence

Block: 1

Dining Room

None: 1

View

Residential: 1

Breakfast

None: 1

Road Type

Chip/Seal: 1

Kitchen Features

Countertops: Quartz Double Sink: 1 Electric Range: 1 Appliance Color: Stainless Microwave: Built in Dishwasher: 1 Disposal: 1 Refrigerator: 1

Road Maintenance

City: 1

Lot Features

East/West Exposure: 1

Main Cooling

Ceiling Fan(s): 1 Heat Pump: 1

Laundry

Dryer Included: 1 Washer Included: 1

Neighborhood Features

Lighted: 1 Paved Street: 1

Main Heating

Heat Pump: 1

Extra Room

None: 1

Water Heater

Electric: 1

Association & Fees

HOA: No

Interior Features

Ceiling Fan(s): 1

Bathroom Features

Shower & Tub/Hall: 1

Terms

Cash: 1 Conventional: 1

Floor Covering

Carpet: 1 Ceramic Tile: 1

Submit With Offer

Additional Addendum: 1 Income Property Addendum: 1 Lender Pre-Approval: 1 Proof of Funds: 1 Seller Title Company: Empire Title Agency

Window Covering

Stay: 1

Accessibility Option

None: 1

Technology

Cable TV: 1

Security

Security Lights: 1

Sold Info

Est. Closing Date: 2022-07-14 Seller Concessions: 0

Landscape - Front

Decorative Gravel: 1 Desert Plantings: 1

Landscape - Rear

Decorative Gravel: 1 Desert Plantings: 1

Patio/Deck

Patio: 1

Utilities Paid

Cable TV: Tenant Electric: Tenant Gas: Tenant Insurance: Owner Sewer: Owner Taxes: Owner Trash: Owner Water: Owner

Pool

None: 1

Property Disclosures

Equipment List: 1 Marketing Package Available: 1 Plat Map: 1

Spa

None: 1

Special Conditions

None: 1

Driveway

Paved: Asphalt

RV Parking

Other: none

Exterior Feature

Courtyard: 1

Subdivision Restrict

Age Restrictions: No CC&Rs: Yes Deed Restrictions: No

Home Protection

Offered: No

Remarks Misc

Geo Lat: 33.632064 Geo Lon: -112.333891

Property Features

Construction: Frame - Stucco Style: Contemporary Roof: Shingle Living Areas: Living Room; Off Kitchen Dining Areas: Eat-In Kitchen Dining Room: None Breakfast: None Kitchen Features: Double Sink; Electric Range; Dishwasher; Disposal; Refrigerator Bathroom Features: Shower & Tub/Hall Laundry: Dryer Included; Washer Included Extra Room: None Interior Features: Ceiling Fan(s) Floor Covering: Carpet; Ceramic Tile Window Covering: Stay Technology: Cable TV Main Cooling: Ceiling Fan(s); Heat Pump Main Heating: Heat Pump Water Heater: Electric Gas: None Sewer: Connected Water: Public Accessibility Option: None Security: Security Lights Pool: None Spa: None Fence: Block Landscape - Front: Decorative Gravel; Desert Plantings Landscape - Rear: Decorative Gravel; Desert Plantings View: Residential Road Type: Chip/Seal Exterior Feature: Courtyard Lot Features: East/West Exposure Neighborhood Features: Lighted; Paved Street Terms: Cash; Conventional Submit With Offer: Additional Addendum; Income Property Addendum; Lender Pre-Approval; Proof of Funds Property Disclosures: Equipment List; Marketing Package Available; Plat Map Special Conditions: None
Listing Office: Gerchick Real Estate
Last Updated: December - 16 - 2024
12717 W Amy Drive, Surprise, AZ 85378- MLS# 22202919
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