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Key Details
Sold Price $3,420,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision New Papago Parkway 9
MLS Listing ID 6361842
Year Built 1962
Tax Year 2021
Property Description
Sold 4/21/22 for $3,420,000 with Seller Financing. $285/unit and $427/sf. S. Scottsdale 12 unit package sale next to SkySong! Rare opportunity to acquire three identical four unit buildings that are
contiguous. 7238, 7240, and 7302 E. Belleview St (all 4 unit buildings) consist of 2668 SF/bldg (8004 total SF). Unit mix includes three large 1 bedroom units (625 /-SF) w/ a 2 bedroom unit (800 /- SF). R-5 MF zoning. 7020 SF lots (21060 total). Near the SkySong development .Just east of Scottsdale Rd/south of McDowell Rd near Old Town and ASU. Proforma rents 1's @ $1500/unit and 2's @ $2000/unit (in current condition). All copper plumbing & electric per seller. Value-add. All m-t-m leases with current actual rents averaging $925/unit. Waived financing offers preferred.
Location
State AZ
County Maricopa
Community New Papago Parkway 9
Zoning R-5
Interior
Flooring Ceramic Tile, Vinyl
Exterior
Garage Other (See Remarks), Paved Parking, >1 Space Per Unit
Community Features See Remarks
Waterfront No
Roof Type Composition
Building
Sewer Public Sewer
Water City Franchise, Master Meter
Schools
School District Scottsdale Unified District
Others
Acceptable Financing Other (See Remarks), Owner May Carry
Listing Terms Other (See Remarks), Owner May Carry
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Bought with Better Homes & Gardens Real Estate SJ Fowler