7155 W CAMPO BELLO Drive, Glendale, AZ 85308
$1,775,000
Property Type:
Comm/Industry Sale
Square Footage:
5,322
Lot Size (sq. ft.):
7,984
Status:
Closed
Current Price:
$1,775,000
List Date:
11/18/2020
Last Modified:
3/20/2021
Description
The Subject property represents a 7,984 square foot office comprised of six suites encompassing half of Building C and the entirety of Building D in Arrowhead Park Place 2 Condominiums. The buildings were built in 2006 (per county records), and purchased in August of 2006 in shell condition.
More Information MLS# 6162085
Contract Info
Ownership: Other (See Remarks)
Current Price: $1,775,000
Sold Price: $1,775,000
Status: Closed
List Date: 2020-11-18
Location, Tax & Legal
Assessor's Map #: 44
Legal Description (Abbrev): LOT 130 TRACT D ARROWHEAD PARK PLACE 2 CONDOMINIUM MCR 084408
Assessor's Parcel #: 890
Add'l Parcels: Yes
Tax Municipality: Glendale
Census Tract: 617800
Taxes: 18947
Legal: LOT 130 TRACT D ARROWHEAD PARK PLACE 2 CONDOMINIUM MCR 084408
Map Code/Grid: K31
House Number: 7155
Compass: W
Street Name: CAMPO BELLO
St Suffix: Drive
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85308
Zip4: 8476
County Code: Maricopa
Subdivision: ARROWHEAD PARK PLACE 2 CONDOMINIUM
Assessor Number: 200-44-890
Tax Year: 2020
General Property Description
Ttl Apx SqFt Bldg: 5322
# of Buildings: 1
Uncvrd Parking Spcs: 17
Year Built: 2006
Zoning: PAD
Legal Info
Range: 1E
Section: 36
Township: 4N
Lot Number: 130
Construction
Other: 1
Roofing
Other: 1
Floors
Carpet: 1
Income & Expenses
Owner Association: Yes
Annual Ownr Asoc Fee: 26500
Operating Exp: 45447
Other Income: 0
Vacancy Allowance: 10563
Adjusted Gross Inc: 2231264748
Building Type
Office: 1
Business Type
Professional/Office: 1
Stories
1 Story: 1
Pmt & Rate Info
Cap Rate: 8.26
Equity: 1850000
Total Owed: 0
Showing Notification Methods
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Ceiling Height
8.1 Feet to 10 Feet: 1
Heating
Heat Pump: 1
Cooling
Office A/C: 1
Interior Features
Finished: 1
Fire Sprinklers: 1
Private Restrooms: 1
Loading Facilities
None: 1
Road Surface Type
Asphalt: 1
Exterior
Other (See Remarks): 1
Source of Fincl Data
Other (See Remarks): 1
Fencing
None: 1
Water Source
City Franchise: 1
Freeway/Highway
1.1 - 2 Miles: 1
Building Features
Kitchen: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Private: 1
Electric
APS: 1
Gas
Other (See Remarks): 1
New Financing
Other (See Remarks): 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Use Restrictions
CC&R's: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Sold Info
Loan Type: Other
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: 75th Avenue & Bell Road
Directions: Take W Bell Rd exit from I-I01. Head East on W Bell Rd and turn left on N 73rd Ave. Turn right on W Camino San Xavier, then left on N 72nd Drive. Turn right on N 72nd Ave. Property will be on the left
Geo Lat: 33.641802
Geo Lon: -112.213565
Status Change Info
Off Market Date: 2021-01-22
Under Contract Date: 2021-01-21
Close of Escrow Date: 2021-03-19
Sold Price: $1,775,000
Income Expenses
Gross Annual Sch Inc: 211254
Net Operating Income: 152810
Property Features
Building Type: Office
Business Type: Professional/Office
Stories: 1 Story
Construction: Other
Roofing: Other
Floors: Carpet
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Heat Pump
Cooling: Office A/C
Loading Facilities: None
Interior Features: Finished; Fire Sprinklers; Private Restrooms
Exterior: Other (See Remarks)
Fencing: None
Building Features: Kitchen
Parking Features: Free; Private
Electric: APS
Gas: Other (See Remarks)
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Other (See Remarks)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Source of Fincl Data: 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: 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
Road Surface Type: Asphalt
Use Restrictions: CC&R's
Environmental: None
Listing Office:
R.O.I. Properties
Last Updated: March - 20 - 2021
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