$4,250,000
$4,400,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 02/17/2023
Key Details
Sold Price $4,250,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Sunset At Horne
MLS Listing ID 6334436
Sold Date 02/17/23
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 2021
Annual Tax Amount $672
Tax Year 2021
Lot Dimensions irregular
Property Description
NEW 10 unit townhome development. February / March 2022 estimated completion date. Each unit is 2,200 square feet with 4 bedrooms and 3.5 baths. Each unit has one car garage. Each unit is individually metered and parceled. Being sold as an entire development (only for sale as 10-unit development, no units will be sold individually). Rent comps in the $2000-$2250 range. Located in the opportunity zone for added tax benefit. Great for investors, 1031 exchange funds, etc.
Location
State AZ
County Maricopa
Community Sunset At Horne
Zoning multifamily
Direction From Horne and Main, go south on Horne to 2nd Ave. Property is on northwest corner of Horne and 2nd Ave.
Interior
Heating Electric
Cooling Central A/C, Electric, Ceiling Fan(s)
Appliance Dishwasher, Microwave
Exterior
Garage Paved Parking
Community Features No Pool
Waterfront No
Roof Type Foam
Parking Type Paved Parking
Total Parking Spaces 20
Garage Yes
Building
Sewer Public Sewer
Water City Franchise, Individual Meter
Schools
Elementary Schools Franklin East Elementary School
Middle Schools Franklin At Alma Elementary
High Schools Westwood High School
School District Mesa Unified District
Others
Senior Community No
Tax ID 138-28-109-E
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Broker | Lic# BR164382000