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741 W Wickenburg Way, Wickenburg, AZ 85390 (MLS# 6555656)

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741 W Wickenburg Way, Wickenburg, AZ 85390

$2,000,000
Property Type: Multiple Dwellings Status: Active
Current Price: $2,000,000 Last Modified: 1/23/2024

Description

The vintage 1950's architecture, and mature palm trees give the exterior of this amazing investment opportunity a mid-century vibe. This 11-unit apartment complex provides one, two bedroom; six, one bedroom; and four studio units perfectly located in the heart of Wickenburg!!. No stairs! All units are conveniently ground level and some units have their own private and fenced backyards. Common areas include a laundry room, covered patio with seating, large palo verde shade trees, and lawn space. Currently used as long term rentals but add some furniture and you now have excellent short-term vacation rentals with a potential for even bigger returns. The expansive, 16-space parking lot provides plenty of parking for tenants and visitors alike. Don't miss out!

More Information MLS# 6555656

Contract Info

Current Price: $2,000,000 List Price: $2,000,000 Status: Active List Date: 2023-05-11 Ownership: Fee Simple Buyer/Broker: Y Buyer Broker $/%: %

Location, Tax & Legal

Map Code/Grid: B21 House Number: 741 Compass: W Street Name: Wickenburg St Suffix: Way City/Town Code: Wickenburg State/Province: AZ Zip Code: 85390 Country: USA County Code: Maricopa Legal Description (Abbrev): SE4 SE4 NW4 EX S 40' RD 9.81 AC Assessor's Map #: 33 Assessor's Parcel #: 22 Assessor Parcel Ltr: A Add'l Parcels: No Assessor Number: 505-33-022-A Legal: To be provided in escrow. Census Tract: 40502 Tax Municipality: Wickenburg Taxes: 1104 Tax Year: 2021 Marketing Name: Circle J-R Apartments

General Property Description

Lot Size Dimensions: 201x201 Year Built: 1955 Uncvrd Parking Spcs: 16 Total # of Units: 11 # of Buildings: 2 Zoning: C-3 Elementary School: Hassayampa Elementary School Jr. High School: Vulture Peak Middle School High School: Wickenburg High School Elementary School District: Wickenburg Unified District High School District: Wickenburg Unified District

Remarks & Misc

Cross Street: Wickenburg Way and Mariposa Directions: Go west on Wickenburg Way. Property will be just east of Mariposa Dr on the south side of the rd. Geo Lat: 33.965666 Geo Lon: -112.743691

Status Change Info

Status Change Date: 2023-05-11

Legal Info

Township: 8N Range: 5W Section: 34 Lot Number: -

Income & Expenses

Owner Association: No Operating Exp: 1104

Pmt & Rate Info

Equity: 2000000

Efficiency Units

# Efficiency Units: 4 Avg Rent: 750 Avg SqFt: 450 # Baths: 1

1 Bedroom Units

# 1 Bedroom Units: 6 Avg Rent: 850 Avg SqFt: 650 # Baths: 1

2 Bedroom Units

# 2 Bedroom Units: 1 Avg Rent: 1100 Avg SqFt: 900 # Baths: 1

Property Features

Project Type: 5 - 12 Units Construction: Block Const - Finish: Painted Roofing: Built-Up Floors: Vinyl Sale Includes: Land & Building; Laundry Equipment Community Amenities: No Pool; Other; See Remarks Appliances Included: Other (See Remarks) Heating: Natural Gas Cooling: Window/Wall Unit Water: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking: Paved Parking Roads/Streets: Dedicated Street Owner Pays: Water; Electric; Gas; Trash Collection Tenant Pays: Cable TV Source of Fincl Data: Provided by Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None New Financing: Conventional; Seller May Carry; 1031 Exchange; Trade Reports/Disclosures: None Environmental: None
Listing Office: Platinum Living Realty
Last Updated: January - 23 - 2024
741 W Wickenburg Way, Wickenburg, AZ 85390- MLS# 6555656
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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