1301 E MOUNTAIN VIEW Road
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    Courtesy of ARMLSNWMLS

    OverviewEstate Overview - $2,606,250

    Listing View8
    Like Count-
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    1301 E MOUNTAIN VIEW Road,

    Phoenix, AZ 85020

    75-units available for sale as a package (bulk condos), inside Loma Bonita Condominium located in Phoenix.Located on Mountain View Road, west of the SR-51 Freeway, and east of 7th Street, near Phoenix Mountains, Camelback Corridor, John C Lincoln Hospital, Arizona Christian University, shopping, schools, and plenty of transportation options.Property is being sold ''As-Is.'' For the investor: This property offers the rare opportunity to acquire 80s vintage condos (fully rehabbed in 2007 for conversion) with a majority of the units within the HOA.Projected gross potential rent of $495,000, less 10% vacancy of $49,000 per year, added income of $90,000, equals $535,500 adjusted gross income.After expenses of $316,125, the pro forma net operating income is $219,375...See More

    • 0 Beds
    • 0 Baths
    • 0 Sqft
    • MultiFamily

    OverviewListing Details

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    Status:Closed
    Original Listing Price: $ 2,883,500
    Listing Date: 04/25/2013
    Days on dealty:Was on Dealty for 189 days
    County:Maricopa
    MLS Type:ARMLS
    Built In:1983
    Has HOA:Yes
    Status Change Date:October 31, 2013
    Pool:No
    *Please Contact Lister for more information.

    FeaturesProperty Features

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    Design
    • Property subtype: ********
    • Construction materials: Wood Frame, Painted, Stucco
    • Roof: Composition
    Flooring
    • Carpet
    • Ceramic Tile
    • Vinyl
    Interior Spaces
      --
    Bedrooms & Bathrooms
    • 0 - Bedrooms
    • 0 - Bathrooms
    Exteriors
    • Exterior features: ,
    Lot Details
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    AmenitiesAmenities

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    Utilities
    • Cooling - Electric, Individual
    • Heating - Individual, Electric
    • Water Source : City Franchise
    • Sewer Information : Sewer-In & Connected, Public Sewer
    Laundry
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    Parking
    • Parking Features: Paved, Free, Add'l Parking Avail, 1 Space/Unit
    • Garage Spaces: 0
    • Covered Spaces: 0
    • Parking Spaces: 75

    HOAHOA & Financial

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    Primary HOA
    • Association Name: ********
    • Association Fee: $********
    • Association Fee Frequency: ********
    • Association Phone: ********
    Second HOA
    • Association Name: ********
    • Association Fee: $********
    • Association Fee Frequency: ********
    • Association Phone: ********
    Third HOA
      No

    OverviewOpen House

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    * There are no open house dates scheduled at this time. Please reach out to the lister for an in person or virtual viewing.

    Schools & Neighborhood

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    Schools
    • Washington Elementary District
    • Phoenix Union High School District
    Neighborhood
    • Mountain View Manor Condominium AKA Loma Bonita

    NeighborhoodExplore The Area

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    Similar HomesSimilar Homes

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    AgentListing Agent

    Agent
    Natan Jacobs

    (Vestis Group)

    MLS # 4926308

    1301 E MOUNTAIN VIEW Road

    Phoenix, AZ 85020

    $2,606,250
    Flyer cover
    FOR MORE PHOTOS VISIT
    https://www.dealty.ai/buy/home/1301-e-mountain-view-road-phoenix-az-85020
    Year Built
    1983
    Garage
    75

    75-units available for sale as a package (bulk condos), inside Loma Bonita Condominium located in Phoenix. Located on Mountain View Road, west of the SR-51 Freeway, and east of 7th Street, near Phoenix Mountains, Camelback Corridor, John C Lincoln Hospital, Arizona Christian University, shopping, schools, and plenty of transportation options. Property is being sold ''As-Is.'' For the investor: This property offers the rare opportunity to acquire 80s vintage condos (fully rehabbed in 2007 for con...(Visit the link to Get more info)

    AGENT CONTACT
    Natan Jacobs
    Vestis Group

    Multiple Listing Service of ARMLS

    All information should be independently verified by the recipient, and no representation is made by ARMLS as to its accuracy.