Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$3,600,000
Last Modified:
12/09/2024
Search
3710 E MCDOWELL Road, Phoenix, AZ 85008
$3,600,000
Description
Papago View Apartments consists of spacious one bedroom floor plans with a portion of them having private patios that are in high demand. current ownership has made significant renovations to the property. Exterior renovations include paint and stucco, a new foam roof, complete parking lot seal & stripe, new pool(plaster, tile, motor, decking), all new landscaping with drip system, low-maintenance desert rock, shrubs, and palm trees. interior renovations include ceramic tile flooring, appliances, water heaters, toilets, tiled shower enclosures, sunscreens, and countertops. Papago View offers the opportunity to purchase a truly unique apartment community located in the high demand rental neighborhood in East Phoenix that is turn-key for a new owner. Call for a showing today!
More Information MLS# 5441417
Contract Info
Current Price: $3,600,000
Sold Price: $3,600,000
Status: Closed
List Date: 2016-04-11
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: P38
House Number: 3710
Compass: E
Street Name: MCDOWELL
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 4319
Country: USA
County Code: Maricopa
Subdivision: PAPAGO VISTA
Assessor Number: 120-12-111
Tax Year: 2015
General Property Description
Lot Size Dimensions: 338' x 134'
Year Built: 1979
Uncvrd Parking Spcs: 64
Total # of Units: 50
# of Buildings: 3
Zoning: R5
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Remarks Misc
Cross Street: 40th st & McDowell Rd
Directions: Head West on Mcdowell from 40th st just past 38th st Property entry is on the North side of Rd
Geo Lat: 33.465986
Geo Lon: -112.001473
Status Change Info
Status Change Date: 2016-11-28
Off Market Date: 2016-11-14
Under Contract Date: 2016-08-11
Close of Escrow Date: 2016-11-21
Sold Price: $3,600,000
Legal Info
Lot Number: 120-12-111
1 Bedroom Units
# 1 Bedroom Units: 50
Avg Rent: 600
Avg SqFt: 556
# Baths: 1
2 Bedroom Units
Avg SqFt: 556
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Property Features
Project Type: 25 - 50 Units
Construction: Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Foam
Floors: Ceramic Tile
Sale Includes: Land & Building; Pool Equipment; Laundry Equipment
Community Amenities: Pool; Manager Res/Office; Barbecue
Appliances Included: BI Oven/Range; Refrigerator
Heating: Natural Gas
Cooling: Electric
Water: City Franchise
Sewer: Sewer - Public
Electric: SRP; Individual Meter
Gas: SW Gas
Parking: <1 Space Per Unit; Free; Paved Parking
Owner Pays: Landscaping; Pool/Spa Maintenance
Tenant Pays: Water; Sewer; Electric; Gas; Trash; Cable TV
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional; 1031 Exchange
Environmental: None
Listing Office: Traw Realty
Last Updated: December - 09 - 2024
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