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4128 N 10TH Street, Phoenix, AZ 85014

$2,700,000
Status: Active
Current Price: $2,700,000 List Date: 11/16/2021 Last Modified: 11/29/2021

Description

CBRE is pleased to offer Central Park Villas, a 10-unit single-story boutique multifamily community in the premier Midtown Phoenix submarket. Built in 1966, the property is made of block construction with pitched composite shingle roofs and is individually metered for electricity. Central Park Villas features a mid-century brick exterior set on a gated ±0.67-acres of lowmaintenance landscaping with mature shade trees.

More Information MLS# 6321914

Contract Info

Current Price: $2,700,000 List Price: $2,700,000 Status: Active List Date: 2021-11-16 Ownership: Fee Simple

Location, Tax & Legal

Map Code/Grid: P34 House Number: 4128 Compass: N Street Name: 10TH St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85014 Zip4: 4732 Country: USA County Code: Maricopa Legal Description (Abbrev): LOT 13 BLOCK 2 CHESTERFIELD PLACE MCR 000607 Subdivision: CHESTERFIELD PLACE Assessor's Map #: 17 Assessor's Parcel #: 63 Add'l Parcels: No Assessor Number: 155-17-063 Legal: LOT 13 BLOCK 2 CHESTERFIELD PLACE MCR 000607 Census Tract: 108601 Tax Municipality: Phoenix Taxes: 4147 Tax Year: 2021 Marketing Name: Central Park Villas

General Property Description

Lot Size Dimensions: .67 acres Year Built: 1966 Uncvrd Parking Spcs: 5 Total # of Units: 10 # of Buildings: 5 Zoning: R-3 Elem School Dist #: 008 - Osborn Elementary District High School Dist #: 210 - Phoenix Union High School District

Remarks & Misc

Geo Lat: 33.495728 Geo Lon: -112.061278

Status Change Info

Status Change Date: 2021-11-16

Legal Info

Lot Number: 13

Income & Expenses

Owner Association: No Operating Exp: 4147 Gross Annual Sch Inc: 156420 Other Income: 9600 Vacancy Allowance: 0.08 Adjusted Gross Inc: 152738.4 Net Operating Income: 118723

Pmt & Rate Info

Cap Rate: 4.4 Equity: 2700000

1 Bedroom Units

# 1 Bedroom Units: 6 Avg Rent: 1175 Avg SqFt: 600 # Baths: 1

2 Bedroom Units

# 2 Bedroom Units: 3 Avg Rent: 1395 Avg SqFt: 800 # Baths: 1

3 Bedrooms Units

# 3 Bedroom Units: 1 Avg Rent: 1800 Avg SqFt: 1200 # Baths: 2

Contact Info

List Agent Hme Phn 2: 602-469-9295

Property Features

Project Type: 5 - 12 Units Construction: Block Const - Finish: Other (See Remarks) Roofing: Comp Shingle Floors: Ceramic Tile Sale Includes: Building(s) Only; Personal Property Community Amenities: No Pool Appliances Included: BI Oven/Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Individual Cooling: Electric; Individual Water: City Franchise; Master Meter Sewer: Sewer - Public Electric: APS; Individual Meter Gas: SW Gas; Individual Meter Parking: Carport; >1 Space Per Unit Roads/Streets: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electric; Gas; Cable TV Source of Fincl Data: Provided by Owner New Financing: Conventional Reports/Disclosures: None Environmental: None
Listing Office: CBRE, Inc
Last Updated: November - 29 - 2021
4128 N 10TH Street, Phoenix, AZ 85014- MLS# 6321914
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