$1,760,000
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SOLD DATE : 03/23/2020
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Turney Tract
MLS Listing ID 6020307
Sold Date 03/23/20
Maintenance Fees $2,400
Year Built 1971
Annual Tax Amount $2,958
Tax Year 2019
Lot Dimensions 120x125
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Turney at MidTown (former MODE) is a Gorgeous 8-Unit 100% Occupied Boutique Apartment Community that was Fully Remodeled and Repositioned in 2018. The Property is located in Midtown Phoenix, near The Valley Metro Light Rail, The
Phoenix Art Museum, The Heard Museum, Arizona Opera, Phoenix Theatre, Margaret T. Hance Park, Park Central Mall, Phoenix Children's Hospital. Don't Miss the Boutiques and Popular Eateries such as Lux Coffee, Clever Koi, Postino Wine Cafe, Federal Pizza, Joyride Taco House, Windsor, Churn, Lou Malnati's,
Flower Child, AJ's Fine Foods & some of our State's Top Schools including Xavier College Preparatory and Brophy College Preparatory. Turney at MidTown is less than a mile to Central & Camelback which is rated the Number One Intersection in all of Arizona! (more) The Interior Property Upgrades include In-Suite Laundry, Stainless-Steel Kitchen Appliances, Stainless Steel Sink with Garbage
Disposal and Retractable Multi-Setting Faucet, Granite Counter-tops, Stained Concrete or Wood Laminate Floors (two upstairs
units), Porcelain Tile Shower surrounds with New Fixtures, Premium Lighting, and Low-Flow Toilets. The Revamped Exterior
features Private Patios on select units (except upstairs units), Pet Friendly Accommodations, Mature Landscaping and Covered
Parking. The Renovations were so Extensive at $40,035 per unit for a Total of $320,280 that this property is close to new
construction. Repairs are close to Zero and Maintenance is Minimal (lawn care).
The Property is approximately two miles west of Arizona State Route 51 (Piestewa Freeway) and approximately three miles
north of Interstate 10, south of Camelback Road, north of Indian School Road, and just west of Central Avenue, allowing easy
access to Downtown Phoenix, the Central Office Corridor, Camelback Corridor and Phoenix Sky Harbor International Airport
and numerous employers. The property is south of the Grand Canal, which many people utilize for recreation, including
Running and Biking.
The Central Avenue Corridor is less than half a mile from the subject property and serves as the main connection between
Uptown/Midtown and Downtown Phoenix and is one of Phoenix' s most vital and heavily trafficked stretches of roadway with
nearly 60,000 cars daily. It is the region' s largest employment corridor with over 18 million square feet of office space
accommodating more than 120,000 employees and is home to prominent employers including The City of Phoenix,
Wells Fargo, JPMorgan Chase, Freeport McMoRan, Bank of America, and United Healthcare.
Location
State AZ
County Maricopa
Community Turney Tract
Zoning M-M
Direction From Camelback - South on Central to Turney - West on Turney to property
Interior
Heating Heat Pump, Electric
Cooling Electric, Heat Pump
Flooring Concrete
Appliance Free-Standing Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Exterior
Parking Features On Street, Carport
Community Features No Pool
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Longfellow Elementary School
Middle Schools Osborn Middle School
High Schools Central High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 155-30-066-A
Acceptable Financing No Carry, Conventional
Disclosures Seller Prop Disc Stm
Listing Terms No Carry, Conventional
Financing Conventional
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Bought with Keller Williams Arizona Realty