$795,000
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3.53 Acres Lot
SOLD DATE : 07/16/2021
Key Details
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6195133
Sold Date 07/16/21
HOA Y/N No
Annual Tax Amount $3,927
Tax Year 2020
Lot Size 3.530 Acres
Acres 3.53
Lot Dimensions 195 feet x 715 feet roughly
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
City approved zoning and design ready to go for a 33 unit modern apartment development. Developers can simply give architect the go ahead to finish construction docs and start building in just a few months. Fantastic rental area, with almost zero lease up time. Gated, all 2 BR/2 BA design with washer dryer, individually metered, and nice sized balcony's accessible from both the living room and master bedroom. There are four (4) identical 8-plex buildings, easy and efficient build out. Cash sale preferred. Open to negotiation on JV with some cash down. R-4 zoning allows for up to 70 units to be built (20 units/acre) should owner wish to do a different layout than currently designed and City of Glendale approval is obtained. Parking spaces of 2.3/unit.
Location
State AZ
County Maricopa
Area Maricopa
Zoning R-4
Direction From 59th Ave & Bethany Home, head west, then head south on 59th Drive, property is at the end of the street.
Interior
Flooring Flooring
Exterior
Private Pool No
Building
Lot Description Dual Street Ftg
Sewer On Property, Septic Tank
Water City Franchise
New Construction No
Others
Senior Community No
Tax ID 144-30-008-C
Acceptable Financing Seller May Carry, CTL, Conventional
Disclosures None
Listing Terms Seller May Carry, CTL, Conventional
Financing Cash
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Bought with SVN/Desert Commercial Advisors
