445 N ARIZONA Avenue, Chandler, AZ 85225

$850,000
Property Type: Comm/Industry Sale Square Footage: 11,132 Lot Size (sq. ft.): 41,239 Status: Closed
Current Price: $850,000 List Date: 2/17/2017 Last Modified: 8/06/2021

Overview

Description

WOW!!! Seller is motivated and willing to carry with down payment. This hotel features 25 units with a small house used as a office. This is a value add project or possible convert into apartments. Projections of rent 18-20k a month. This property does not have any historical or financial information.Vacant lot 302-64-043-A also included in sale. All facts are approximate buyer verify all MLS information.

Listing Details MLS# 5563043

Location, Tax & Legal

Map Code/Grid
T38
House Number
445
Compass
N
Street Name
ARIZONA
St Suffix
Avenue
City/Town Code
Chandler
State/Province
AZ
Zip Code
85225
Zip4
4583
Country
US
County Code
Maricopa
Subdivision
Greater Chandler ADD Blk 7
Assessor Number
302-64-033
Tax Year
2015

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
11132
Ttl Apx Net Rnt Spc
11132
# of Buildings
Yes
Year Built
1970
Uncvrd Parking Spcs
22
Zoning
C-3

Remarks Misc

Cross Street
N/NEC N Arizona Avenue & E Erie Street

Status Change Info

Off Market Date
2017-02-17
Under Contract Date
2017-02-03
Close of Escrow Date
2017-02-03

Legal Info

Township
1S
Range
5E
Section
27
Lot Number
9

More Information

Sold Info

Loan Type
Carryback
Loan Years
3
Payment Type
Other
Clsing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$

Property Features

Building Type: Commercial Business Type: Other; See Remarks Stories: 1 Story Construction: Block Roofing: Composition Floors: Concrete Ceiling Height: 8 Feet or Less Heating: Other; See Remarks Cooling: Window/Wall Unit Loading Facilities: None Interior Features: Finished Fencing: Block Parking Features: Private Electric: APS Gas: City Gas; Other (See Remarks) Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Owner May Carry; 1031 Exchange Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear 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 Environmental: Other (See Remarks)
IDX
Listing Office: Better Homes & Gardens Real Estate SJ Fowler
Office Phone: 480-649-3536
Last Updated: August - 06 - 2021
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