$2,720,000
$2,960,000
8.1%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 02/28/2025
Key Details
Sold Price $2,720,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Idle Ease
MLS Listing ID 6822334
Sold Date 02/28/25
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1985
Annual Tax Amount $6,102
Tax Year 2024
Lot Dimensions Normal
Property Description
Mountain View Apartments is a 2-story, 16-unit multifamily opportunity located within the heart of the North Mountain Submarket in Phoenix. Built in 1985 and fully renovated in 2019-2021 both inside and out leaves an excellent operational value-add for future ownership. The property includes 100% spacious 2bedroom/1bath units catering to a wide range of tenants. Units benefit from modern wood-look tile flooring, white kitchen cabinets and vanities, granite countertops, stainless steel appliances, contemporary fixtures, in-unit washer and dryers and dual pane windows. Complex-wide has seen improvements such as repaved parking lot, remote security cameras, and BBQ for tenants to enjoy.
Location
State AZ
County Maricopa
Community Idle Ease
Zoning R-4
Interior
Heating Heat Pump, Electric
Cooling Electric, Central A/C
Flooring Ceramic Tile
Appliance F/S Oven/Range, Microwave, Washer/Dryer, W/D Hookup
Exterior
Parking Features Paved Parking, Free, >1 Space Per Unit
Community Features Barbecue, No Pool
Roof Type Composition
Total Parking Spaces 22
Building
Sewer Sewer - Available, Sewer-In & Connected, Public Sewer
Water City Franchise
New Construction No
Schools
School District Glendale Union High School District
Others
Senior Community No
Tax ID 158-21-067
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Cash
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