$2,510,000
$2,350,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 11/09/2023
Key Details
Sold Price $2,510,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Aviation Homesites
MLS Listing ID 6598333
Sold Date 11/09/23
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1953
Annual Tax Amount $2,995
Tax Year 2022
Lot Dimensions See tax assessor
Property Description
This 32-unit apartment project on ±1.14 acres is centrally located, with excellent freeway access and many nearby amenities. This property is an excellent value add opportunity or a prime candidate for redevelopment. Currently, 7 units are rented and habitable, with the remaining units with various levels of disrepair and fire damage. The sale is subject to bankruptcy court approval. Auction is scheduled on November 1, 2023 at 1:30 pm, location United States Bankruptcy Court for the District of Arizona, 230 N. First Avenue, Courtroom 702, Phoenix, Arizona 85003.
Location
State AZ
County Maricopa
Community Aviation Homesites
Zoning R-4
Direction Van Buren east to 21st Street north 1 block to Polk East on Polk to apartment
Interior
Heating See Remarks
Cooling Other, See Remarks
Flooring Other
Appliance Other (See Remarks)
Exterior
Garage Paved Parking
Community Features No Pool
Waterfront No
Roof Type See Remarks
Parking Type Paved Parking
Building
Sewer Public Sewer
Water City Franchise
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 116-01-054-A
Acceptable Financing Other (See Remarks)
Listing Terms Other (See Remarks)
Financing Other
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Bought with Russ Lyon Sotheby's International Realty
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