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4322 N 13TH Place #A Phoenix, AZ 85014
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Key Details
Sold Price $3,070,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Meadowbrook Tract Blk 1
MLS Listing ID 6102083
Sold Date 11/20/20
Maintenance Fees $8,000
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1985
Annual Tax Amount $8,414
Tax Year 2019
Lot Dimensions Unknown
Property Description
Named after its uniqueness and beauty, ''Aviara'' is a 16 unit complex that has been completed renovated with the latest trends in colors and décor.
Built in 1985, the unit mix consists of 11 (2 bed/2 bath) units and 5 (2 bed/1.5 bath) units. Unit sizes are large at nearly 1,000 sqft. each. Just a few features include all new flooring and appliances, fresh paint, in-unit washer and dryers, walk-out patios on the lower level units and carport parking with plentiful visitor parking. Also, this complex is gated which is becoming a more sought-after feature by residents in search of great communities. The extensive renovations combined with desert landscaping keeps expenses very minimal and also provides for an investment property that is easy to operate.
Adding to this community's appeal,"Aviara" is centrally located in Uptown Phoenix bordering the very popular Central Corridor. Located near the renown Biltmore District, shopping and dining are abundant which
accommodates every person's taste. Major local employers include Phoenix Children's Hospital, Banner Health, JP Morgan Chase and the VA Medical Center. Access to downtown Phoenix and other cities is easy with the nearby Light Rail and freeways. Sky Harbor Airport is a short driving distance of less than 10 minutes. "Aviara" is the ideal turn-key investment. The complex is stable and fully occupied. Demand for freshly renovated units within such a desirable central Phoenix location are in high demand. Therefore, rental values are trending upwards within this complex, and as such, there is an upside on rents which translates to the potential to immediately add even more value to this already great investment!
The addresses for all 4 building are:
4318 N. 13th Pl. Apt. A; 4318 N. 13th Pl. Apt. B:
4322 N. 13th Pl. Apt. A; 4322 N. 13th Pl. Apt. B.
Please, do not disturb the tenants by trying to walk the property as it is gated and the tenants are unaware it is for sale. Drive by only! Thank you.
Location
State AZ
County Maricopa
Community Meadowbrook Tract Blk 1
Zoning Multi-Units
Direction South on 16th St. to Campbell Ave; West on Campbell Ave to 13th Place; South on 13th Place to complex. The complex is on the West side.
Interior
Flooring Carpet, Vinyl
Appliance FS OvenRange, Microwave, WasherDryer
Exterior
Garage Paved Parking, Free, Assigned, Add'l Parking Avail, <1 Space Per Unit, Street Parking, Common
Community Features No Pool
Waterfront No
Roof Type Tile,Foam
Parking Type Paved Parking, Free, Assigned, Add'l Parking Avail, <1 Space Per Unit, Street Parking, Common
Total Parking Spaces 24
Building
Sewer Public Sewer
Water City Franchise
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 155-08-038-A
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Better Homes & Gardens Real Estate SJ Fowler