11830 N 28th Drive, Phoenix, AZ 85029
$7,700,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$7,700,000
Last Modified:
6/24/2024
Description
UNDER CONSTRUCTION - PROJECTED COMPLETION OCTOBER 2024
Gated Townhome Complex, 12 4bd/3bth trilevel, 2100sf units. There are two buildings, each end unit benefits from additional windows and a larger balcony! Each unit is completed with the same modern and low maintenance finishes - 10' ceilings on main floor, white cabinetry, quartz countertops, 2 car tandem garage for each unit, in unit washer/dryer, stainless steel appliances! There will be a community pool in the sw corner of complex and each unit will have their own backyard with green space! There will be 13 additional parking spaces (outside of the garage space with 1 of them ada).
26,400 net rentable area of property on nearly an acre listed at most recent appraisal price of $7,700,000.
More Information MLS# 6723250
Contract Info
Current Price: $7,700,000
List Price: $7,700,000
Status: Active
List Date: 2024-06-24
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 11830
Compass: N
Street Name: 28th
St Suffix: Drive
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85029
Country: USA
County Code: Maricopa
Assessor's Map #: 63
Assessor's Parcel #: 720
Add'l Parcels: No
Assessor Number: 149-63-720
Legal: LOT 3 LAKE BILTMORE VILLAGE NORTH MCR 059508
Tax Municipality: Phoenix
Taxes: 15897
Tax Year: 2024
Marketing Name: Apex Townhomes
General Property Description
Lot Size Dimensions: irregular
Year Built: 2024
Uncvrd Parking Spcs: 13
Total # of Units: 12
# of Buildings: 2
Zoning: c1
Elementary School District: Washington Elementary District
High School District: Glendale Union High School District
Remarks & Misc
Cross Street: Cactus Rd and 28th Drive
Directions: South on 28th Drive, property is on the right (west side of rd).
Geo Lat: 33.594266
Geo Lon: -112.120625
Status Change Info
Status Change Date: 2024-06-24
Legal Info
Lot Number: 3
Income & Expenses
Owner Association: No
Operating Exp: 15897
Gross Annual Sch Inc: 489600
Vacancy Allowance: 0.05
Adjusted Gross Inc: 465120
Net Operating Income: 389515
Pmt & Rate Info
Cap Rate: 5.06
Equity: 7700000
Showing Notification Methods
Showing Service: Aligned Showings
4 Bedrooms Units
# 4 Bedroom Units: 12
Avg Rent: 3400
Avg SqFt: 2100
# Baths: 3
Contact Info
List Agent Home Phn: 480-255-7327
Property Features
Project Type: 5 - 12 Units
Construction: Frame - Wood
Const - Finish: Painted; Stucco; Brick Trim/Veneer
Roofing: Foam
Floors: Vinyl
Sale Includes: Land & Building
Community Amenities: Pool
Exterior Amenities: Green Landscaping; Fenced; Cable TV Available; TV Antenna; Patio/Balcony; Security Light(s); Other (See Remarks)
Interior Amenities: Unfurnished; Fire Sprinklers
Appliances Included: F/S Oven/Range; Dishwasher; Disposal; Microwave; W/D Hookup
Heating: Ceiling
Cooling: Ceiling Fan(s); Electric
Water: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: APS; Master Meter; Individual Meter
Gas: None
Parking: Garage; Attached; Auto Door Opener
Roads/Streets: Asphalt
Owner Pays: Water; Electric; Trash Collection; Pool/Spa Maintenance
Tenant Pays: Electric; Cable TV
Source of Fincl Data: Projected Proforma
Lockbox Type: Other
New Financing: Cash; Other (See Remarks)
Reports/Disclosures: None
Environmental: None
Listing Office: Prestige Realty
Last Updated: June - 24 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.