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OverviewEstate Overview - $1,350,000

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2424 E GRANDVIEW Road,

Phoenix, AZ 85032

Grandview Terrace is a 36-unit apartment community located in North Phoenix.Located on East Grandview Road, west of the SR-51 Freeway, and east of Cave Creek Road, near Lookout Mountain, Paradise Valley Community College, Costco, 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 apartments (fully rehabbed in 2012).Projected gross potential rent of $234,000, less 12% vacancy of $28,080 per year, added income of $2,200, equals $208,120 adjusted gross income.After expenses of $101,176, the pro forma net operating income is $106,944...See More

  • 0 Beds
  • 0 Baths
  • 0 Sqft
  • MultiFamily

OverviewListing Details

Status:Closed
Original Listing Price: $ 1,300,000
Listing Date: 05/28/2013
Days on dealty:Was on Dealty for 44 days
County:Maricopa
MLS Type:ARMLS
Built In:1984
Has HOA:Yes
Status Change Date:July 11, 2013
Pool:No
*Please Contact Lister for more information.

FeaturesProperty Features

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

AmenitiesAmenities

Utilities
  • Cooling - Electric, Individual
  • Heating - Individual, Electric
  • Water Source : City Franchise
  • Sewer Information : Sewer-In & Connected, Public Sewer
Laundry
    --
Parking
  • Parking Features: Paved, Free, Add'l Parking Avail, >1 Space Per Unit, Carport
  • Garage Spaces: 0
  • Covered Spaces: 36
  • Parking Spaces: 16

HOAHOA & Financial

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

* 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

Schools
  • Paradise Valley Unified District
Neighborhood
  • Grandview Terrace Apartments

NeighborhoodExplore The Area

Similar HomesSimilar Homes

AgentListing Agent

Agent
Natan Jacobs

(Vestis Group)

MLS # 4943606

2424 E GRANDVIEW Road

Phoenix, AZ 85032

$1,350,000
Flyer cover
FOR MORE PHOTOS VISIT
https://www.dealty.ai/buy/home/2424-e-grandview-road-phoenix-az-85032-4fb608f9-4971-4f59-89a4-0627d99bc2fa
Year Built
1984
Garage
16

Grandview Terrace is a 36-unit apartment community located in North Phoenix. Located on East Grandview Road, west of the SR-51 Freeway, and east of Cave Creek Road, near Lookout Mountain, Paradise Valley Community College, Costco, 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 apartments (fully rehabbed in 2012). Projected gross potential re...(Visit the link to Get more info)

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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.