12731 W TASHA Drive, Surprise, AZ 85378
$960,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$960,000
Last Modified:
3/30/2026
Description
TWO UNIT IS NOW RENTED-1495 amazing 2 bedroom 4plex has everything redone.Currently in lease up for $1495 per door. Private yards and front courtyard. Everything was redone including adding sewer cleanouts. Construction still underway but showings can be arranged. Buyer to verify all facts and figures.
New Roof
New Hot Water Heaters
New Dual Pane Windows
New Quartz Counter Tops
New Cabinets
New Back Splashes
New Interior Paint
New Exterior Paint
New Block Fence and New Back Yards
New Doors
New Landscaping
New Tenants being placed at $1495 per unit
New Stainless Steel Appliances
New Stackable Washer and Dryers
New Asphalt Parking
New Trash Enclosure
So MUCH more. Buyer to verify all facts and figures. Also two other fourplexes under construction with the same finishes. P
More Information MLS# 6326788
Contract Info
Ownership: Fee Simple
Current Price: $960,000
Sold Price: $960,000
Status: Closed
List Date: 2021-12-01
Location, Tax & Legal
Assessor's Map #: 18
Legal Description (Abbrev): LOT 11 COTTONWOOD ESTATES UNIT 1 LOT 1-12 MCR 028111
Assessor's Parcel #: 273
Add'l Parcels: No
Tax Municipality: Surprise
Census Tract: 60801
Taxes: 842
Tax District: Surpri
Legal: LOT 11 COTTONWOOD ESTATES UNIT 1 LOT 1-12 MCR 028111
Marketing Name: Remodeled Fourplex
Map Code/Grid: L29
House Number: 12731
Compass: W
Street Name: TASHA
St Suffix: Drive
City/Town Code: Surprise
State/Province: AZ
Zip Code: 85378
Zip4: 3769
County Code: Maricopa
Subdivision: COTTONWOOD ESTATES UNIT 1 LOT 1-12
Assessor Number: 501-18-273
Tax Year: 2021
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 8
Lot Size Dimensions: irr
Flood Zone: No
Total # of Units: 4
Elementary School District: Dysart Unified District
High School District: Dysart Unified District
Year Built: 1986
Zoning: (R) General
Legal Info
Range: 1W
Section: 2
Township: 3N
Lot Number: 11
Project Type
Four Plex: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Carpet: 1
Sale Includes
Land & Building: 1
Personal Property: 1
Laundry Equipment: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 1300
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 1200
Annual Mgmt Exp: 5569
Annual Trash Exp: 600
Annual Wtr/Swr Exp: 2400
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 11911
Other Income: 0
Vacancy Allowance: 0.03
Adjusted Gross Inc: 69607.2
Total Monthly Rental Income: 5980
Pmt & Rate Info
Cap Rate: 6.07
Equity: 950000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Lockbox Type
Supra: 1
Community Features
No Pool: 1
Heating
Heat Pump: 1
Individual: 1
Cooling
Ceiling Fan(s): 1
Heat Pump: 1
Individual: 1
Tenant Pays
Electricity: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Projected Proforma: 1
Books Shwn Accpt Ofr: 1
Water Source
City Franchise: 1
Master Meter: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
>1 Space Per Unit: 1
Add'l Parking Avail: 1
Electric
APS: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Conventional: 1
No Carry: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
APOD/Backup Avaible: 1
Sch of Personal Prop: 1
Other (See Remarks): 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1495
Avg SqFt: 750
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Conventional
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: RH Johnson Blvd and Bell Rd
Directions: RH Johnson Blvd and Bell Rd-turn into Nash Street
Turn South on Nash until you reach Tasha. Turn West and property is on the south side of the street.
Geo Lat: 33.631686
Geo Lon: -112.334144
Status Change Info
Off Market Date: 2022-02-18
Under Contract Date: 2022-02-18
Close of Escrow Date: 2022-02-23
Sold Price: $960,000
Income Expenses
Gross Annual Sch Inc: 71760
Net Operating Income: 57697
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building; Personal Property; Laundry Equipment
Community Features: No Pool
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Heating: Individual; Heat Pump
Cooling: Ceiling Fan(s); Heat Pump; Individual
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: >1 Space Per Unit; Add'l Parking Avail; Free
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Projected Proforma; Books Shwn Accpt Ofr
Lockbox Type: Supra
New Financing: Conventional; No Carry
Environmental: None
Listing Office:
Gerchick Real Estate
Last Updated: March - 30 - 2026
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