Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$5,500,000
Last Modified:
12/03/2024
Search
2539 N 48TH Street, Phoenix, AZ 85008
$5,500,000
Description
Aero Phoenix is a 21-unit apartment community in the Camelback East Neighborhood of Phoenix, AZ. The property was built in 1985, has been fully repositioned, and consists of a unit mix of (20) one-bedroom, one-bathroom units, and (1) studio.
More Information MLS# 6771687
Contract Info
Current Price: $5,500,000
List Price: $5,500,000
Status: Active
List Date: 2024-10-16
Ownership: Fee Simple
Location Tax Legal
House Number: 2539
Compass: N
Street Name: 48TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 2547
Country: USA
County Code: Maricopa
Subdivision: ORANGEDALE TRACT 1,2, & 7,8
Assessor Number: 126-17-021-C
Tax Year: 2024
General Property Description
Lot Size Dimensions: 177'x143'
Year Built: 1985
Uncvrd Parking Spcs: 4
Total # of Units: 21
# of Buildings: 3
Zoning: R-4
Remarks Misc
Geo Lat: 33.476065
Geo Lon: -111.977746
Status Change Info
Status Change Date: 2024-10-16
Legal Info
Township: 2N
Range: 4E
Section: 32
Lot Number: 24
Income Expenses
Gross Annual Sch Inc: 360000
Net Operating Income: 296004
Showing Notification Methods
Showing Service: No Showing Service Used
Efficiency Units
# Efficiency Units: 1
Avg Rent: 945
Avg SqFt: 250
# Baths: 1
1 Bedroom Units
# 1 Bedroom Units: 20
Avg Rent: 1450
Avg SqFt: 750
# Baths: 1
Property Features
Project Type: 13 - 24 Units
Construction: Frame - Wood
Const - Finish: Painted
Roofing: Other (See Remarks)
Floors: Vinyl
Sale Includes: Land & Building
Community Amenities: No Pool; Barbecue
Exterior Amenities: Desert Landscaping
Appliances Included: Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Heating: Electric
Cooling: Electric
Water: City Franchise
Sewer: Sewer - Public
Electric: Unisource
Gas: Other (See Remarks)
Parking: Carport; >1 Space Per Unit
Owner Pays: Water; Electric; Trash Collection
Tenant Pays: Water; Sewer; Electric; Trash
Source of Fincl Data: Provided by Owner
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
New Financing: Cash; VA; Conventional; No Carry; 1031 Exchange
Environmental: Other (See Remarks)
Listing Office: Matthews Real Estate Investment Services
Last Updated: December - 03 - 2024
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