$2,000,000
Wickenburg, AZ 85390
MLS# 1056201
4812 sqft
1 / 21
Property Description
The vintage 1950's architecture, and mature palm trees give the exterior of this amazing investment opportunity a mid-century vibe. This 11-unit apartment complex provides one, two bedroom; six, one bedroom; and four studio units perfectly located in the heart of Wickenburg!!. No stairs! All units are conveniently ground level and some units have their own private and fenced backyards. Common areas include a laundry room, covered patio with seating, large palo verde shade trees, and lawn space. Currently used as long term rentals but add some furniture and you now have excellent short-term vacation rentals with a potential for even bigger returns. The expansive, 16-space parking lot provides plenty of parking for tenants and visitors alike. Don't miss out! Schedule a showing today!!
Details
Maps
Contract/Address/Legal
Original List Price: 2400000
Listing Date: 2023-05-19
Status: Active
Listing Price: 2000000
List Price/SqFt: 416
Rent/Lease: Yes
Street #: 741
Direction: W
Street Name: Wickenburg
St Suffix: Way
City/Township: Wickenburg
State: AZ
Zip Code: 85390
Subdivision: None
Neighborhood: N/A
County: Maricopa
Zoning: C-3
REO/Short Sale: Not Applicable
Tax Parcel: 505-33-022-A
Legal: To be provided in escrow
General Property Description
Lot #: -
Lot Size: 40,424
Aprx Acres: 0.93
Total Liveable SqFt: 4812
Source of Measuremnt: County Assessor
Buildings: 2
Stories: 1
Year Built: 1955
Management: Owner
Gross Vol/Yr $: 112400
HOA Y/N: No
Baths - Full: 11
More than 5 Units: Yes
Tax Info
Taxes: 1104
Tax Year: 2021
Remarks & Misc
Directions: Go west on Wickenburg Way. Property will be just east of Mariposa Dr on the south side of the rd.
Office/Member Info
Listing Exclusions: No
Compensation: 4
Compensation Type: %
Property Features
Building Type: 5+ Units
Construction: Block
Cooling: Ceiling Fan(s); Room Refrigeration; Zoned
External Amenities: Fence; Landscaped; Laundry Facilities; Patio/Deck/Balcony; Separate Storage; Sprinkler/Drip
Flooring: Tile
Heating: Forced - Gas
Owner Pays: Electric; Gas/Propane; Trash; Water
Records Available: None
Road Frontage Type: City Street
Road Surface Type: Paved
Road Responsibility: City Maintained Road
Roof: Hot Mop w/Chip; Rolled/Hot Mop; Tile
Terms & Conditions: 1031 Exchange; Conventional
Utilities Installed: Cable TV; Electricity; Natural Gas; Telephone; Water - City; WWT - City Sewer
Water Heater: Electric
Listing Office: Platinum Living Realty
Last Updated: August - 30 - 2023
The listing broker’s offer of compensation is the dollar amount or percentage of sale price the listing broker offers to pay a broker who (a) participates in the multiple listing service where the listing broker filed the listing and (b) procures the buyer for a successful transaction.
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