1727 W MOUNTAIN VIEW Road, Phoenix, AZ 85021

$2,720,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $2,720,000 Last Modified: 3/21/2026

Overview

Description

Mountain View Apartments is a 2-story, 16-unit multifamily opportunity located within the heart of the North Mountain Submarket in Phoenix. Built in 1985 and fully renovated in 2019-2021 both inside and out leaves an excellent operational value-add for future ownership. The property includes 100% spacious 2bedroom/1bath units catering to a wide range of tenants. Units benefit from modern wood-look tile flooring, white kitchen cabinets and vanities, granite countertops, stainless steel appliances, contemporary fixtures, in-unit washer and dryers and dual pane windows. Complex-wide has seen improvements such as repaved parking lot, remote security cameras, and BBQ for tenants to enjoy.

Listing Details MLS# 6822334

Location, Tax & Legal

House Number
1727
Compass
W
Street Name
MOUNTAIN VIEW
St Suffix
Road
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85021
Zip4
0950
Country
US
County Code
Maricopa
Subdivision
IDLE EASE
Assessor Number
158-21-067
Tax Year
2024
Assessor's Map #
21
Legal Description (Abbrev)
IDLE EASE
Assessor's Parcel #
67
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
104501
Taxes
6102
Legal
IDLE EASE
Marketing Name
Mountain View Apartments

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
Normal
Year Built
1985
Uncvrd Parking Spcs
22
Total # of Units
16
# of Buildings
2
Zoning
R-4
High School District
Glendale Union High School District

Remarks Misc

Cross Street
19th Avenue & Mountain View Rd

Status Change Info

Off Market Date
2025-03-03
Under Contract Date
2025-02-19
Close of Escrow Date
2025-02-28

Legal Info

Township
3N
Range
3E
Section
30
Lot Number
7

More Information

Income Expenses

Gross Annual Sch Inc
252864
Net Operating Income
182061

Showing Notification Methods

Showing Service
No Showing Service Used
Text
Yes
Email
Yes
Phone Call
Yes

2 Bedroom Units

# 2 Bedroom Units
16
Avg Rent
1200
Avg SqFt
820
# Baths
Yes

Sold Info

Loan Type
Cash
Payment Type
Other
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
%
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

13 - 24 Units
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Composition
Yes

Floors

Ceramic Tile
Yes

Sale Includes

Building(s) Only
Yes
Land & Building
Yes
Laundry Equipment
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
6102
Other Income
0
Vacancy Allowance
0.06
Adjusted Gross Inc
237692.16

Pmt & Rate Info

Cap Rate
6.15
Equity
2960000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

None
Yes

Community Features

No Pool
Yes
Barbecue
Yes

Heating

Heat Pump
Yes
Electric
Yes

Cooling

Central Air
Yes
Electric
Yes

Exterior Amenities

Curb(s) & Gutter(s)
Yes
Sidewalk(s)
Yes

Tenant Pays

None
Yes

Appliances Included

Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Refrigerator
Yes
Free-Standing Range
Yes
Washer/Dryer
Yes
W/D Hookup
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes
Projected Proforma
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes
Sewer - Available
Yes
Sewer-In & Connected
Yes

Parking Features

Free
Yes
>1 Space Per Unit
Yes
Paved
Yes

Electric

APS
Yes

Gas

Other (See Remarks)
Yes

Owner Pays

Water
Yes
Sewer
Yes
Electric
Yes
Trash Collection
Yes
Landscaping
Yes

New Financing

Cash
Yes
Conventional
Yes
1031 Exchange
Yes

Existing 1st Loan

Conventional
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: 13 - 24 Units Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Floors: Ceramic Tile Sale Includes: Building(s) Only; Land & Building; Laundry Equipment Community Features: No Pool; Barbecue Exterior Amenities: Curb(s) & Gutter(s); Sidewalk(s) Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup Heating: Heat Pump Cooling: Electric; Central Air Water Source: City Franchise Sewer: Sewer - Public; Sewer - Available; Sewer-In & Connected Electric: APS Gas: Other (See Remarks) Parking Features: >1 Space Per Unit; Free; Paved Road Surface Type: Asphalt Owner Pays: Water; Electric; Trash Collection; Landscaping Tenant Pays: None Source of Fincl Data: Owner; Projected Proforma Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Conventional New Financing: Cash; Conventional; 1031 Exchange Environmental: None
IDX
Listing Office: Orion Investment Real Estate
Last Updated: March - 21 - 2026
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