15427 N Jerry Street

    Surprise, AZ 85378
    • $2,900,000
    • STATUS: Active Under Contract
    • ON SITE: 407 days
    • MLS #: 5802536
    Under Contract
    UPDATED: 39 min ago
    $2,900,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1987
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    34 Apartment Units in Surprise For Sale. Located near Bell/R.H. Johnson Blvd, one of Surprise's only middle income options for renters. This property is full with rising rents. All 2 bed/1.5 bath town homes, 920 sf, tile flooring downstairs, with private yards and washer/dryer hook-ups in each unit. Individually metered for electric and master metered for water (no gas). New parking lot in early 2018. Three buildings have new roofs. This is a value-add opportunity. Buyer to verify all facts and figures.

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    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Revelation Real Estate. Data last updated 2019-09-16T12:11:34.073.
    www.247azpropertysearch.com/homes/86272791

    15427 N Jerry Street Surprise, AZ 85378

    • Price: $2,900,000
    • Status: Active Under Contract
    • Updated: 39 min ago
    • MLS #: 5802536
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1987
    Built
    County:
    Maricopa
    Area:
    Surprise
    Elementary School:
    Dysart Elementary School
    Middle School:
    Dysart Elementary School
    High School:
    Dysart High School
    School District:
    089 - Dysart Unified District
    Property Description
    34 Apartment Units in Surprise For Sale. Located near Bell/R.H. Johnson Blvd, one of Surprise's only middle income options for renters. This property is full with rising rents. All 2 bed/1.5 bath town homes, 920 sf, tile flooring downstairs, with private yards and washer/dryer hook-ups in each unit. Individually metered for electric and master metered for water (no gas). New parking lot in early 2018. Three buildings have new roofs. This is a value-add opportunity. Buyer to verify all facts and figures.
    Exterior Features

    Construction Frame - Wood Construction Finish PaintedStucco Covered Parking Spaces 0.00 Exterior Amenities Desert LandscapingPartially FencedCable Tv AvailablePatio/BalconyPet Restrictions Lot Size Dimensions Irr Parking Paved Parking>1 Space Per UnitAdd'l Parking AvailAssigned Roads Asphalt/Blacktop Roofing Other (See Remarks) Total Parking Spaces 53.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 920 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included F/S Oven/RangeRefrigeratorW/D Hookup Cooling Electric Refrigeratd Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors CarpetCeramic TileVinyl/Composition Heating Electric Interior Amenities UnfurnishedVertical BlindsFire/Smoke Alarm(S)Mini Blinds

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 752.00 2 Bedroom Units 34 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 302515.84 Annual Elec Exp 250.00 Annual Gas Exp 0.00 Annual Ins Exp 5878.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 4898.00 Annual Legal And Acctg 2260.00 Annual Maint Exp 28644.00 Annual Mgmt Exp 30267.00 Annual Other Expense 3450.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 9768.00 Annual Wtr Swr Exp 24864.00 Community Amenities No Pool Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric ApsIndividual Meter Gas None Gross Annual Sch Inc 306816.00 Hoa YN No Net Operating Income 187148.00 New Financing Conventional Operating Exp 115520.00 Other Income 5056.00 Owner Pays WaterSewerTrashLandscaping Project Type 25 - 50 Units Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Surprise Taxes 5241.00 Tenant Pays ElectricCable Tv UCB Ucb (Under Contract-Backups) Vacancy Allowance 0.03 Water Master MeterCity Franchise Zoning Mf

    Listing courtesy of S. J. Fowler Real Estate Inc..


    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Revelation Real Estate. Data last updated 2019-09-16T12:11:34.073.
     
    Revelation Real Estate
    2301 S Stearman Drive
    Chandler AZ, 85286