2929 W Yorkshire Drive, Phoenix, AZ 85027 (MLS# 6141807)

2929 W Yorkshire Drive, Phoenix, AZ 85027

$2,200,000

Property Type: Multiple Dwellings Status: Closed

Current Price: $2,200,000 Last Modified: 3/03/2025

Overview

Description

Location!! Location!! Location!! 10 Unit Condo Package Deal plus 1 garage. 100% OCCUPIED!! 2- Three Bed Units (1257 sq ft each) 8 -Two Bed Two Bath Condo Units (1019 sq ft each)1- Detached Garage (180 sq ft) This complex has 216 individually owned units. Professionally managed by HOA. FHA Approved. Water, Trash included in HOA Fees. Studs-In Travelers Insurance Policy included in HOA fees. Luxurious Clubhouse with fully equipped fitness center, sauna, movie theater and business center. Three large swimming pools with rock waterfall features and four spas. Fitness & Sauna Room is equipped with full showers. Close to shopping and highway access 101 & I-17. Great Location close to Costco, Honor Health, AMEX, Honeywell and Petsmart!!

Listing Details MLS# 6141807

Location, Tax & Legal

Map Code/Grid: K33
House Number: 2929
Compass: W
Street Name: Yorkshire
St Suffix: Drive
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85027
Country: US
County Code: Maricopa
Subdivision: SPRINGS AT YORKSHIRE CONDOMINIUMS
Assessor Number: 206-09-083
Tax Year: 2019
Assessor's Map #: 9
Assessor's Parcel #: 83
Add'l Parcels: No
Tax Municipality: Phoenix
Taxes: 9793
Legal: SPRINGS AT YORKSHIRE CONDOMINIUM MCR 078007
Marketing Name: SPRINGS AT YORKSHIRE

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 38740
Year Built: 1999
Uncvrd Parking Spcs: 24
Total # of Units: 10
# of Buildings: 16
Zoning: Multifamily
Elementary School District: Deer Valley Unified District
High School District: Deer Valley Unified District
Elementary School: Park Meadows Elementary School
Jr. High School: Deer Valley Middle School
High School: Deer Valley High School

Remarks Misc

Cross Street: I-17 & Yorkshire Dr
Directions: Go West on Yorkshire Dr, community main gate on South side of Yorkshire Dr.

Status Change Info

Off Market Date: 2021-01-22
Under Contract Date: 2021-01-19
Close of Escrow Date: 2021-03-02

Legal Info

Lot Number: 1048

More Information

Income Expenses

Gross Annual Sch Inc: 181250
Net Operating Income: 125620

2 Bedroom Units

# 2 Bedroom Units: 10
Avg Rent: 1200
Avg SqFt: 1050
# Baths: 2

3 Bedrooms Units

# 3 Bedroom Units: 2
Avg Rent: 1300
Avg SqFt: 1270
# Baths: 2

Sold Info

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

Project Type

5 - 12 Units: Yes

Construction

Block: Yes
Wood Frame: Yes

Const - Finish

Stucco: Yes

Roofing

Tile: Yes

Floors

Concrete: Yes
Wood: Yes

Sale Includes

Other (See Remarks): Yes

Income & Expenses

Owner Association: Yes
Annual Ownr Asoc Fee: 324
Operating Exp: 10117
Other Income: 900
Vacancy Allowance: 0.02
Adjusted Gross Inc: 178507

Pmt & Rate Info

Cap Rate: 5.02
Equity: 2500000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Showing Notification Methods

Text: Yes
Email: Yes
Phone Call: Yes

Community Features

Pool: Yes
Heated Pool(s): Yes
Spa(s): Yes
Heated Spa(s): Yes
Sauna: Yes
Community Showers: Yes
Clubhouse: Yes
Exercise Room: Yes
Game/Rec Room: Yes
Barbecue: Yes

Heating

Heat Pump: Yes
Electric: Yes
Natural Gas: Yes
Individual: Yes
Central: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Exterior Amenities

Green Landscaping: Yes
Desert Landscaping: Yes
Fenced: Yes
Cable TV Available: Yes
Sidewalk(s): Yes
Patio/Balcony: Yes
Security Light(s): Yes

Interior Features

Unfurnished: Yes
Fire/Smoke Alarm(s): Yes
Fire Sprinklers: Yes
Vertical Blinds: Yes

Tenant Pays

Gas: Yes
Electricity: Yes
Cable TV: Yes

Appliances Included

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Refrigerator: Yes
Built-In Range: Yes
Washer/Dryer: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Water Source

City Franchise: Yes
Master Meter: Yes

Sewer

Sewer - Public: Yes

Parking Features

Carport: Yes
1 Space/Unit: Yes
Assigned: Yes

Electric

APS: Yes
Individual Meter: Yes

Gas

SW Gas: Yes
Individual Meter: Yes

Owner Pays

None: Yes

New Financing

Conventional: Yes
1031 Exchange: Yes

Special

Owner/Agent: Yes

Existing 1st Loan

Conventional: Yes

Existing 1st Loan Type

Not Applicable: Yes

Existing 1st Loan Terms

Non Assumable: Yes

Existing 2nd Loan

Other (See Remarks): Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan

Other (See Remarks): Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

None: Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

None: Yes

Existing Othr Ln Trm

Not Applicable: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: 5 - 12 Units Construction: Block; Wood Frame Const - Finish: Stucco Roofing: Tile Floors: Concrete; Wood Sale Includes: Other (See Remarks) Community Features: Pool; Heated Pool(s); Spa(s); Heated Spa(s); Sauna; Community Showers; Clubhouse; Exercise Room; Game/Rec Room; Barbecue Exterior Amenities: Green Landscaping; Desert Landscaping; Fenced; Cable TV Available; Sidewalk(s); Patio/Balcony; Security Light(s) Interior Features: Unfurnished; Fire/Smoke Alarm(s); Fire Sprinklers; Vertical Blinds Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Natural Gas; Individual; Central; Heat Pump Cooling: Ceiling Fan(s); Central Air Water Source: City Franchise; Master Meter Sewer: Sewer - Public Electric: APS; Individual Meter Gas: SW Gas; Individual Meter Parking Features: Carport; 1 Space/Unit; Assigned Road Surface Type: Asphalt Owner Pays: None Tenant Pays: Electricity; Gas; Cable TV Source of Fincl Data: Owner Special: Owner/Agent Showing Notification Methods: Text; Email; Phone Call Existing 1st Loan: Conventional Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Non Assumable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional; 1031 Exchange Environmental: None

Listing Office: Rapido Realty, LLC

Last Updated: March - 03 - 2025