243 W TURNEY Avenue, Phoenix, AZ 85013
$1,760,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$1,760,000
Last Modified:
2/12/2025
Listing Details MLS# 6020307
Location, Tax & Legal
- Map Code/Grid
- P34
- House Number
- 243
- Compass
- W
- Street Name
- TURNEY
- St Suffix
- Avenue
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85013
- Zip4
- 5015
- Country
- US
- County Code
- Maricopa
- Subdivision
- TURNEY TRACT
- Assessor Number
- 155-30-066-A
- Tax Year
- 2019
- Assessor's Map #
- 30
- Legal Description (Abbrev)
- LOT 11 BLOCK 2 TURNEY TRACT MCR 003708
- Assessor's Parcel #
- 66
- Assessor Parcel Ltr
- A
- Add'l Parcels
- No
- Tax Municipality
- Phoenix
- Census Tract
- 117100
- Taxes
- 2958
- Legal
- LOT 11 BLOCK 2 TURNEY TRACT MCR 003708
- Marketing Name
- Turney at Midtown Apts
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 120x125
- Year Built
- 1971
- Uncvrd Parking Spcs
- 8
- Total # of Units
- 8
- # of Buildings
- 3
- Zoning
- M-M
- Elementary School District
- Osborn Elementary District
- High School District
- Phoenix Union High School District
- Elementary School
- Longfellow Elementary School
- Jr. High School
- Osborn Middle School
- High School
- Central High School
Remarks Misc
- Cross Street
- Central & Camelback
- Directions
- From Camelback - South on Central to Turney - West on Turney to property
Status Change Info
- Off Market Date
- 2020-03-18
- Under Contract Date
- 2020-01-16
- Close of Escrow Date
- 2020-03-23
Legal Info
- Township
- 2N
- Range
- 3E
- Section
- 20
- Block
- 2
- Lot Number
- 11
More Information
Income Expenses
- Gross Annual Sch Inc
- 121440
- Net Operating Income
- 98100
1 Bedroom Units
- # 1 Bedroom Units
- 4
- Avg Rent
- 1118
- Avg SqFt
- 650
- # Baths
- Yes
2 Bedroom Units
- # 2 Bedroom Units
- 4
- Avg Rent
- 1375
- Avg SqFt
- 800
- # Baths
- Yes
Sold Info
- Loan Type
- Conventional
- Loan Years
- 30
- Payment Type
- Fixed
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession to Buyer
- 3000
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
Project Type
- 5 - 12 Units
- Yes
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
Roofing
- Composition
- Yes
Floors
- Concrete
- Yes
Sale Includes
- Land & Building
- Yes
- Personal Property
- Yes
- Laundry Equipment
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Gas Exp
- 0
- Annual Ins Exp
- 2200
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 1800
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 2400
- Annual Mgmt Exp
- 5742
- Annual Trash Exp
- 0
- Annual Wtr/Swr Exp
- 4800
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 0
- Operating Exp
- 19900
- Other Income
- 0
- Vacancy Allowance
- 0.03
- Adjusted Gross Inc
- 117796.8
- Total Monthly Rental Income
- 10120
Pmt & Rate Info
- Cap Rate
- 5.57
- Down Payment
- 0
- Equity
- 1760000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Showing Notification Methods
- Phone Call
- Yes
Lockbox Type
- None
- Yes
Community Features
- No Pool
- Yes
Heating
- Heat Pump
- Yes
- Electric
- Yes
Cooling
- Electric
- Yes
- Heat Pump
- Yes
Exterior Amenities
- Landscape Water System
- Yes
- Green Landscaping
- Yes
- Partially Fenced
- Yes
Interior Features
- Unfurnished
- Yes
- Fire/Smoke Alarm(s)
- Yes
- Mini Blinds
- Yes
Tenant Pays
- Water
- Yes
- Sewer
- Yes
- Electricity
- Yes
- Cable TV
- Yes
Appliances Included
- Dishwasher
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Free-Standing Range
- Yes
- Washer/Dryer
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Carport
- Yes
- On Street
- Yes
Electric
- APS
- Yes
Gas
- None
- Yes
Owner Pays
- Landscaping
- Yes
New Financing
- Conventional
- Yes
- No Carry
- Yes
Existing 1st Loan
- Conventional
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Existing 2nd Loan
- Treat as Free&Clear
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Treat as Free&Clear
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- Seller Prop Disc Stm
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Efficiency Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
5 - 12 Units
Construction:
Block
Const - Finish:
Painted
Roofing:
Composition
Floors:
Concrete
Sale Includes:
Land & Building; Personal Property; Laundry Equipment
Community Features:
No Pool
Exterior Amenities:
Landscape Water System; Green Landscaping; Partially Fenced
Interior Features:
Unfurnished; Fire/Smoke Alarm(s); Mini Blinds
Appliances Included:
Free-Standing Range; Refrigerator; Dishwasher; Microwave; Washer/Dryer
Heating:
Heat Pump
Cooling:
Electric; Heat Pump
Water Source:
City Franchise
Sewer:
Sewer - Public
Electric:
APS
Gas:
None
Parking Features:
Carport; On Street
Road Surface Type:
Asphalt
Owner Pays:
Landscaping
Tenant Pays:
Water; Sewer; Electricity; Cable TV
Source of Fincl Data:
Owner
Showing Notification Methods:
Phone Call
Lockbox Type:
None
Existing 1st Loan:
Conventional
Existing 1st Loan Type:
Not Applicable
Existing 1st Loan Terms:
Not Applicable
Existing 2nd Loan:
Treat as Free&Clear
Existing 2nd Loan Type:
Not Applicable
Existing 2nd Loan Terms:
Not Applicable
Existing 3rd Loan:
Treat as Free&Clear
Existing 3rd Loan Type:
Not Applicable
Existing 3rd Loan Terms:
Not Applicable
Existing Othr Ln Trm:
Not Applicable
New Financing:
Conventional; No Carry
Environmental:
None
Listing Office:
Keller Williams Arizona Realty
Last Updated: February - 12 - 2025
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