9021 W CENTURY Drive, Arizona City, AZ 85123 (MLS# 5881428)


$245,000
9021 W CENTURY Drive
Arizona City, AZ 85123
MLS# 5881428
Status: Closed



9021 W CENTURY Drive, Arizona City, AZ 85123
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Property Description
10% CAP RATE ON THIS WELL MAINTAINED 4 PLEX ON THE ARIZONA CITY GOLF COURSE. THIS PROPERTY HAS AN EXCELLENT RENTAL HISTORY AND IS IN EXCELLENT CONDITION WITH 2 UNITS FURNISHED AND 2 UNITS UNFURNISHED. IT OVERLOOKS #18 FAIRWAY AND THE SEASONAL POND. WALK TO CLUBHOUSE. There is one larger (approx.1200 sqft)furnished unit with fireplace and W/D. There are 3 add'l units (each approx. 850 sqft) with one furnished and all sharing a laundry room. All units overlook the 18th Fairway. ALL UNITS ARE OCCUPIED AND MUST BE SHOWN BY APPOINTMENT ONLY.

Details
Maps
Contract Info
Current Price: $238,500
List Price: $245,000
Location, Tax & Legal
Map Code/Grid: Z43
House Number: 9021
Compass: W
Street Name: CENTURY
St Suffix: Drive
City/Town Code: Arizona City
State/Province: AZ
Zip Code: 85123
Zip4: 8663
Country: USA
County Code: Pinal
Subdivision: AMD ARIZONA CITY UNIT FIVE
Assessor's Book #: 406.00
Assessor Number: 406-03-537
Taxes: 1493
Marketing Name: Arizona City
General Property Description
Apx Lot Size Range: 9058
Year Built: 1982
Covered Spaces: 4
Total Parking Spcs: 4
Zoning: CR4
Elementary School: Arizona City Elementary School
Jr. High School: Arizona City Elementary School
High School: Casa Grande Union High School
Elem School Dist #: 0022 - Toltec Elementary District - Pinal
High School Dist #: 0082 - Casa Grande Union HS District - Pinal
Remarks & Misc
Geo Lat: 32.753383
Geo Lon: -111.664657
Status Change Info
Status Change Date: 2019-02-12
Off Market Date: 2019-02-10
Under Contract Date: 2019-02-10
Close of Escrow Date: 2019-02-11
Status: Closed
Sold Price: 238500
Legal Info
Township: 08S
Range: 07E
Section: 06
Lot Number: 2936
Income & Expenses
Annual Elec Exp: 700
Annual Ins Exp: 1215
Annual Legal & Acctg: 500
Annual Maint Exp: 1200
Annual Trash Exp: 528
Annual Wtr/Swr Exp: 1700
Owner Association: No
Operating Exp: 7336
Gross Annual Sch Inc: 33420
Other Income: 360
Vacancy Allowance: 0.05
Adjusted Gross Inc: 32091
Totl Mnth Rntal Inc: 2646
Net Operating Income: 26266
Pmt & Rate Info
Cap Rate: 10.72
Down Payment: 245000
Down Payment %: 100
Equity: 245000
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 696
Avg SqFt: 957
# Baths: 2
Sold Info
Loan Type: Conventional
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concess $/%: %
Seller Concess $/%: %
Property Features
Project Type: Four Plex
Construction: Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Partial Tile
Floors: Vinyl/Composition; Ceramic Tile; Carpet
Sale Includes: Land & Building; Personal Property
Community Amenities: No Pool
Exterior Amenities: Landscape Wtr System; Green Landscaping; Cable TV Available; Patio/Balcony; Separate Storage; Security Light(s)
Interior Amenities: Partially Furnished; Fire/Smoke Alarm(s); Drapes
Appliances Included: F/S Oven/Range; Refrigerator; Dishwasher; Disposal; Washer/Dryer
Heating: Electric; Heat Pump; Ceiling Fan(s); 2 or More Units
Cooling: Electric Refrigeratd; Heat Pump; Central A/C; 2 or More Units
Water: City Franchise; Private Franchise; Master Meter
Sewer: Sewer - Public; Sewer-In & Connected
Electric: APS; Individual Meter
Gas: None
Parking: Carport; 1 Space/Unit; Assigned; Free
Roads/Streets: Asphalt/Blacktop; Dedicated Street
Owner Pays: Water; Trash
Tenant Pays: Electric; Cable TV
Source of Fincl Data: Provided by Owner
Special: Owner/Agent; Unincorporated Area
Existing 1st Loan: Conventional
Existing 1st Ln Type: Fixed
Existing 1st Ln Trms: Non Assumable
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
Reports/Disclosures: Seller Prop Disc Stm; None
Environmental: None

Listing Office: Snider Enterprises

Last Updated: February - 12 - 2019

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Monday 18th of February 2019 01:55 AM