6220 W OCOTILLO Road, Glendale, AZ 85301
$699,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$699,000
Last Modified:
8/23/2012
Overview
Description
Listing Details MLS# 4504038
Location, Tax & Legal
- Map Code/Grid
- N32
- House Number
- 6220
- Compass
- W
- Street Name
- OCOTILLO
- St Suffix
- Road
- City/Town Code
- Glendale
- State/Province
- AZ
- Zip Code
- 85301
- Zip4
- 3165
- Country
- US
- County Code
- Maricopa
- Assessor Number
- 144-09-034-A
- Tax Year
- 2010
- Assessor's Map #
- 9
- Legal Description (Abbrev)
- ORCHARD ADD BLK 11 LOT 1
- Assessor's Parcel #
- 34
- Assessor Parcel Ltr
- A
- Add'l Parcels
- Yes
- Tax Municipality
- Glendale
- Census Tract
- 92800
- Taxes
- 16447
- Legal
- ORCHARD ADDITION TO GLENDALE MCR 3-30 PT LOT 5 BL K 5 W 120F SE4
- Marketing Name
- Ocotillo Oasis
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 69622
- Year Built
- 1984
- Uncvrd Parking Spcs
- 15
- Total # of Units
- 33
- # of Buildings
- 6
- Zoning
- R3
- Elementary School District
- Glendale Elementary District
- High School District
- Glendale Union High School District
- Elementary School
- Other
- Jr. High School
- Other
- High School
- Other
Remarks Misc
- Cross Street
- 59th AV/Glendale
- Directions
- West on Glendale to 62nd AV. South to Ocotillo. West to property. Do not disturb tenants. Drive by only.
Status Change Info
- Off Market Date
- 2011-01-17
- Under Contract Date
- 2011-01-14
- Close of Escrow Date
- 2011-01-31
Legal Info
- Township
- 2N
- Range
- 2E
- Section
- 7
- Lot Number
- 5
More Information
Income Expenses
- Gross Annual Sch Inc
- 193020
- Net Operating Income
- 106772
1 Bedroom Units
- # 1 Bedroom Units
- 16
- Avg Rent
- 432
- Avg SqFt
- 684
- # Baths
- Yes
2 Bedroom Units
- # 2 Bedroom Units
- 16
- Avg Rent
- 525
- Avg SqFt
- 756
- # Baths
- Yes
3 Bedrooms Units
- # 3 Bedroom Units
- Yes
- Avg Rent
- 798
- Avg SqFt
- 1178
- # Baths
- 2
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
- 25 - 50 Units
- Yes
- Other (See Remarks)
- Yes
Other Type
- House + Rental Units
- Yes
- Packaged Offering
- Yes
Construction
- Other
- Yes
Const - Finish
- Painted
- Yes
- Stucco
- Yes
Roofing
- Composition
- Yes
Floors
- Vinyl
- Yes
- Carpet
- Yes
Sale Includes
- Land & Building
- Yes
- Pool Equipment
- Yes
Income & Expenses
- Annual Elec Exp
- 1602
- Annual Gas Exp
- 1125
- Annual Ins Exp
- 5600
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 0
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 20000
- Annual Mgmt Exp
- 17423
- Annual Trash Exp
- 7200
- Annual Wtr/Swr Exp
- 7200
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 0
- Operating Exp
- 76597
- Other Income
- 0
- Vacancy Allowance
- 0.05
- Adjusted Gross Inc
- 183369
Pmt & Rate Info
- Cap Rate
- 12.58
- Down Payment
- 0
- Equity
- 849000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Community Features
- Pool
- Yes
- Manager Res/Office
- Yes
- Play Area
- Yes
- Barbecue
- Yes
Heating
- Electric
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Electric
- Yes
Exterior Amenities
- Desert Landscaping
- Yes
- Fenced
- Yes
- Security Light(s)
- Yes
Interior Features
- Unfurnished
- Yes
Tenant Pays
- Electricity
- Yes
- Cable TV
- Yes
Appliances Included
- Disposal
- Yes
- Refrigerator
- Yes
- Free-Standing Range
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
- Projected Proforma
- Yes
- Unknown
- Yes
- Other (See Remarks)
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Free
- Yes
- >1 Space Per Unit
- Yes
- Add'l Parking Avail
- Yes
Electric
- APS
- Yes
Gas
- SW Gas
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
- Pool Maintenance
- Yes
New Financing
- Other (See Remarks)
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 1st Loan Terms
- Not Applicable
- 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
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
25 - 50 Units; Other (See Remarks)
Other Type:
House + Rental Units; Packaged Offering
Construction:
Other
Const - Finish:
Painted; Stucco
Roofing:
Composition
Floors:
Vinyl; Carpet
Sale Includes:
Land & Building; Pool Equipment
Community Features:
Pool; Manager Res/Office; Play Area; Barbecue
Exterior Amenities:
Desert Landscaping; Fenced; Security Light(s)
Interior Features:
Unfurnished
Appliances Included:
Free-Standing Range; Refrigerator; Disposal
Cooling:
Ceiling Fan(s); Electric
Water Source:
City Franchise
Sewer:
Sewer - Public
Electric:
APS
Gas:
SW Gas
Parking Features:
>1 Space Per Unit; Add'l Parking Avail; Free
Road Surface Type:
Asphalt
Owner Pays:
Water; Trash Collection; Landscaping; Pool Maintenance
Tenant Pays:
Electricity; Cable TV
Source of Fincl Data:
Owner; Projected Proforma; Unknown; Other (See Remarks)
Existing 1st Loan:
Treat as Free&Clear
Existing 1st Loan Type:
Not Applicable
Existing 1st Loan Terms:
Not Applicable
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:
Other (See Remarks)
Environmental:
None
Documents
Pro Forma-10% Vacancy ›
Listing Office:
Caliber Realty Group, LLC
Last Updated: August - 23 - 2012
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