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4525 N 40TH Street

Phoenix, AZ 85018
  • $12,000,000
  • STATUS: Active
  • ID#: 6530313
UPDATED: 55 min ago
$12,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Luxe On 40Th
Type:
Multi-Family
Built:
2023
County:
Maricopa
Area:
Phoenix

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Description

8 brand new high end condos in Arcadia. All 3 bed 3 bath 2 car garage Average about 2500 sq ft. Currently renting out for $6500/month. Each unit has it's own private elevator.

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Arizona Regional MLS logo© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Keller Williams Southern Arizona - The Josh Berkley Team. Data last updated 2023-05-30T17:18:11.693.
www.joshberkley.com/homes/137628009
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4525 N 40TH Street Phoenix, AZ 85018

  • Price: $12,000,000
  • Status: Active
  • On Site: Days
  • Updated: 55 min ago
  • ID#: 6530313
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2023
Built
Neighborhood:
Luxe On 40Th
County:
Maricopa
Area:
Phoenix
Property Description
8 brand new high end condos in Arcadia. All 3 bed 3 bath 2 car garage Average about 2500 sq ft. Currently renting out for $6500/month. Each unit has it's own private elevator.
Exterior Features

Construction Frame - Wood Construction Finish Stucco Covered Parking Spaces 16.00 Lot Size Dimensions 180 X 120 Parking Garage Roads Asphalt Roofing Foam

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 3 Bedroom Unit Avg Sq Ft 2500 3 Bedroom Unit Baths 3 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeDishwasherDisposalMicrowaveRefrigeratorWasher/Dryer Cooling Central A/C Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating Natural Gas

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 3 Bedroom Unit Avg Rent 6500.00 3 Bedroom Units 8 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 624000.00 Annual Gas Exp 2400.00 Annual Ins Exp 7500.00 Annual Landscape Exp 0.00 Annual Ownr Asoc Fee 800.00 Annual Trash Exp 0.00 Community Amenities No Pool Cross Street 40th Street And Camelback Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Srp Gas Sw Gas Gross Annual Sch Inc 624000.00 Hoa YN Yes Net Operating Income 579600.00 New Financing Conventional Operating Exp 54700.00 Other Income 0.00 Owner Pays GasLandscapingSewerTrash CollectionWater Project Type 5 - 12 Units Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Phoenix Taxes 44000.00 Tenant Pays Electric Vacancy Allowance 0.00 Water City Franchise Zoning C-N

Arizona Regional MLS logo Listing provided by Network Realty: [IDXCONTACTINFORMATION] .


Arizona Regional MLS logo© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Keller Williams Southern Arizona - The Josh Berkley Team. Data last updated 2023-05-30T17:18:11.693.
 
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Keller Williams Southern Arizona - The Josh Berkley Team
1849 N Kolb Road
Tucson AZ, 85715