Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$3,750,000
Last Modified:
8/23/2023
Search
3208 E FLOWER Street, Phoenix, AZ 85018
$3,750,000
Description
Flower 22 is a turn-key, fully renovated 22-unit
community consisting of (14) two-bedroom /
two-bathroom units and (8) one-bedroom /
one-bathroom units. Each spacious unit is appointed
with modern finishes which include new cabinets,
counters, flooring, and appliances. Each unit is
individually metered for electricity and enjoys an
interior washer and dryer. The property recently
received new roofs, landscaping, exterior paint and a
resurfaced parking lot. Flower 22 is conveniently
located near the Biltmore, Phoenix Sky Harbor
International Airport and all the employment, shopping
and dining located on 24th & Camelback.
More Information MLS# 6022435
Contract Info
Current Price: $3,750,000
Sold Price: $3,750,000
Status: Closed
List Date: 2020-01-10
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: P35
House Number: 3208
Compass: E
Street Name: FLOWER
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85018
Zip4: 6271
Country: USA
County Code: Maricopa
Subdivision: VALENCIA ACRES
Assessor Number: 127-32-020
Tax Year: 2019
General Property Description
Lot Size Dimensions: unknown
Year Built: 1986
Uncvrd Parking Spcs: 25
Total # of Units: 22
# of Buildings: 2
Zoning: R-4
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Remarks Misc
Cross Street: 32nd Street & Indian School
Directions: South to Flower and East to Property.
Geo Lat: 33.486514
Geo Lon: -112.012012
Status Change Info
Status Change Date: 2020-05-08
Off Market Date: 2020-01-28
Under Contract Date: 2020-01-24
Close of Escrow Date: 2020-05-07
Sold Price: $3,750,000
Legal Info
Township: 2N
Range: 3E
Section: 25
Lot Number: 8
Income Expenses
Gross Annual Sch Inc: 327720
Net Operating Income: 259184
1 Bedroom Units
# 1 Bedroom Units: 8
Avg Rent: 1095
Avg SqFt: 625
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 14
Avg Rent: 1325
Avg SqFt: 745
# Baths: 1
Sold Info
Loan Type: Conventional
Loan Years: 25
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: 13 - 24 Units
Construction: Frame - Wood
Const - Finish: Stucco
Roofing: Comp Shingle
Floors: Vinyl
Sale Includes: Land & Building
Community Amenities: Pool
Exterior Amenities: Guard Gate
Appliances Included: F/S Oven/Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Heating: Other; See Remarks
Cooling: Other; See Remarks
Water: City Franchise
Sewer: Sewer - Public
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Parking: >1 Space Per Unit
Owner Pays: Water; Trash Collection; Other; See Remarks
Tenant Pays: Electric
Source of Fincl Data: Provided by Owner
Showing Notification Methods: Email
Lockbox Type: None
Existing 1st Loan: Other (See Rmks)
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Other (See Remarks)
New Financing: Conventional; Other (See Remarks)
Environmental: None
Listing Office: ABI Multifamily
Last Updated: August - 23 - 2023
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