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2381 N Warner Drive

Apache Junction, AZ 85120
  • $725,000
  • STATUS: Active
  • ON SITE: 80 Days
  • MLS #: 6293601
UPDATED: 69 min ago
$725,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1973
County:

Description

Unique Multi-Family opportunity in Apache Junction on two parcels totaling 2.5 acres! This sale consists of two 1.25 acre parcels (100-33-002A & 100-33-002C) that must be sold together. Currently there are 3 income properties and 1 storage tenant producing $4396.18+tax in monthly rent & tenants pay ALL utilities. Future opportunities are endless with a corner lot bordering the National Forest to the North. Consider re-zoning to multi-family and building an apartment complex or condos! Buyer to verify all facts and figures.

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© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Klaus Team Real Estate Solutions | Keller Williams Integrity First. Data last updated 2021-12-04T23:11:33.937.
www.klausteam.com/homes/121446043
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2381 N Warner Drive Apache Junction, AZ 85120

  • Price: $725,000
  • Status: Active
  • On Site: 80 Days
  • Updated: 69 min ago
  • MLS #: 6293601
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1973
Built
Neighborhood:
S18 T1n R8e
County:
Pinal
Area:
Apache Junction
School District:
0043 - Apache Junction Unified District - Pinal
Property Description
Unique Multi-Family opportunity in Apache Junction on two parcels totaling 2.5 acres! This sale consists of two 1.25 acre parcels (100-33-002A & 100-33-002C) that must be sold together. Currently there are 3 income properties and 1 storage tenant producing $4396.18+tax in monthly rent & tenants pay ALL utilities. Future opportunities are endless with a corner lot bordering the National Forest to the North. Consider re-zoning to multi-family and building an apartment complex or condos! Buyer to verify all facts and figures.
Exterior Features

Construction Other (See Remarks) Construction Finish Other (See Remarks) Covered Parking Spaces 0.00 Lot Size Dimensions Buyer To Verify Parking >1 Space Per UnitFreeOther (See Remarks) Roads Dirt Roofing Other (See Remarks)

Interior Features

1 Bedroom Unit Avg Sq Ft 440 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 1040 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 1700 3 Bedroom Unit Baths 2 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Other (See Remarks) Cooling OtherSee Remarks Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Other Heating OtherSee Remarks

Property Features

1 Bedroom Unit Avg Rent 550.00 1 Bedroom Units 1 2 Bedroom Unit Avg Rent 800.00 2 Bedroom Units 1 3 Bedroom Unit Avg Rent 2446.18 3 Bedroom Units 1 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 52754.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 1200.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 500.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Community Amenities No PoolOtherSee Remarks Cross Street Meridian & Brown/Lost Dutchman Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Srp Gas None Gross Annual Sch Inc 52754.00 Hoa YN No Net Operating Income 49149.00 New Financing 1031 ExchangeConventionalOther (See Remarks) Operating Exp 3605.00 Other Income 0.00 Other Type House + Rental UnitsOther (See Remarks)Packaged Offering Owner Pays Landscaping Project Type Other (See Remarks)Tri-Plex Sale Includes Land & BuildingOther (See Remarks) Sewer Other (See Remarks)Septic in & Cnctd Source Of Financial Data Provided By Owner Special Owner/Agent Tax Municipality Pinal - County Taxes 1905.00 Tenant Pays Cable TvElectricOther (See Remarks)TrashWater Vacancy Allowance 0.00 Water Private Franchise Zoning Res

Listing courtesy of On Q Property Management.


© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Klaus Team Real Estate Solutions | Keller Williams Integrity First. Data last updated 2021-12-04T23:11:33.937.
 
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