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$3,000,000
$3,500,000
14.3%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 10/09/2020
Key Details
Sold Price $3,000,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision West Citrus Acres
MLS Listing ID 6077227
Sold Date 10/09/20
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1968
Annual Tax Amount $12,899
Tax Year 2019
Lot Dimensions 21,115
Property Description
The Vara Apartments are 21-unit garden style apartments located in the highly sought out for neighborhood of ARCADIA LITE. These units have been updated with stainless steel appliances, polished concrete floors, and huge walk in closets. Amenities include a pergola sitting area, BBQ, gated/covered parking and onsite laundry facility for additional income. Most tenants are month to month with room to raise rents. All units have one covered parking space within the gated community. Tenants pay electric, cable and internet. Close to Sky Harbor Airport, Downtown Phoenix, ASU, Biltmore shopping center and Camelback Mountain.
Location
State AZ
County Maricopa
Community West Citrus Acres
Zoning R-4
Direction East on Thomas Rd, North on 35th St.
Interior
Heating Central
Cooling Chiller System, Central A/C
Flooring Stone, Concrete
Appliance F/S Oven/Range, Microwave, Washer/Dryer
Exterior
Parking Features Paved Parking, 1 Space/Unit
Community Features Other, See Remarks, Barbecue, No Pool
Roof Type Composition
Total Parking Spaces 21
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Creighton Elementary School
Middle Schools Creighton Elementary School
High Schools Camelback High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 127-30-004
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Exchange
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Bought with eXp Realty