648 W RAY Road
Chandler,
AZ $9,500,000
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Listing ID6546181
Price$9,500,000
StatusActive
CountyMaricopa
Year Built2016
Property TypeMultifamily Residential
Property Sub Type25 - 50 Units
County
Maricopa
Property Sub Type
25 - 50 Units
Property Type
Multifamily Residential
Year Built
2016
Zoning
MF-3
2 Bedroom Units
34
2 Bedroom Units - Average SqFt
975
2 Bedroom Units - Number of Baths
1
Appliances Included
F/S Oven/Range, W/D Hookup, Washer/Dryer
Cooling
Individual
Floors
Ceramic Tile, Vinyl
Heating
Electric, Heat Pump
Interior Amenities
Fire/Smoke Alarm(s), Unfurnished
Total Units
34
Construction
Brick, Frame - Wood
Covered Parking Spaces
39
Exterior Amenities
Patio/Balcony
Exterior Finish
Brick Trim/Veneer, Painted
Lot Size Dimensions
Normal
Parking
>1 Space Per Unit, Add'l Parking Avail, Assigned, Free, Paved Parking
Roofing
Comp Shingle
Total Parking Spaces
65
Country
USA
Map Code/Grid
T38
Range
5E
Section
21
Township
1S
Community Amenities
Manager Res/Office, No Pool
Electric
SRP
Gas
None
Marketing Name
Jamestown Apartments
Owner Association
No
Sewer
Sewer - Public
Vacancy Allowance
0.05
Water
City Franchise, Individual Meter
2 Bedroom Units - Average Rent
860
Adjusted Gross Income
256156.1
Annual Electric Expense
10294
Annual Landscape Expense
5980
Annual Maintenance Expense
94000
Annual Trash Expense
6176
Annual Water/Sewer Expense
7744
Contingency Type
UCB (Under Contract-Backups)
Financial Data Source
Provided by Owner
Gross Annual Scheduled Income
269638
Net Operating Income
64113
New Financing
Conventional, Seller May Carry
Operating Expense
139063
Owner Pays
Landscaping, Sewer, Trash Collection
Sale Includes
Land & Building
Tax Municipality
Chandler
Taxes
14869
Tenant Pays
Electric, Water
Contact - Listing ID 6546181
Mario Romero
Address:
1102 W. Portland StPhoenix, AZ 85007
United States
Phone: 602-252-4191
Phone Alt: 602-920-0306
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Contact
Contact - Listing ID 6546181
Mario Romero
Address:
1102 W. Portland StPhoenix, AZ 85007
United States
Phone: 602-252-4191
Phone Alt: 602-920-0306
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