$1,200,000
Glendale, AZ 85303
MLS# 6673303
Status: Closed
1 / 44
Property Description
Welcome to Westgate Estates! Brand new construction apartment community, just minutes from Westgate Entertainment District! This community is comprised of two adjacent four-plexes, each residing on its own parcel, allowing for conventional residential financing. All units are individually metered for electricity with tenants responsible for a split water/sewer charge. Landlord pays absolutely no utilities, allowing for a truly net monthly income. Each apartment is 960 sqft with two bedrooms, two baths and laundry. No expense was spared in the construction of these units from the foam insulation to the tile roofs to the fire sprinkler system. Area is exploding with new development as new projects are readily breaking ground on this street. This is truly a turnkey investment!
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $1,200,000
Sold Price: $1,200,000
Status: Closed
List Date: 2024-03-06
Location, Tax & Legal
Assessor's Map #: 27
Assessor's Parcel #: 326
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Taxes: 453
Legal: TBD By Title In Escrow.
Marketing Name: Westgate Estates
House Number: 7103
Compass: N
Street Name: 80th
St Suffix: Avenue
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85303
County Code: Maricopa
Assessor Number: 142-27-326
Tax Year: 2023
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 8
Lot Size Dimensions: 82x150
Flood Zone: No
Total # of Units: 4
Elementary School District: Glendale Elementary District
High School District: Glendale Union High School District
Year Built: 2024
Zoning: MultiFam
Project Type
Four Plex: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Composition: 1
Tile: 1
Floors
Ceramic Tile: 1
Carpet: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 453
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 96000
Pmt & Rate Info
Equity: 1375000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Phone Call: 1
Lockbox Type
Supra: 1
Combo: 1
Community Features
No Pool: 1
Heating
Electric: 1
Heat Pump: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Tenant Pays
Water: 1
Sewer: 1
Electricity: 1
Appliances Included
Refrigerator: 1
Dishwasher: 1
Disposal: 1
Microwave: 1
Washer/Dryer: 1
Roads/Streets
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
1 Space/Unit: 1
Paved: 1
Electric
SRP: 1
Gas
None: 1
Owner Pays
None: 1
New Financing
Conventional: 1
1031 Exchange: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
# Efficiency Units: 4
Avg Rent: 2000
Avg SqFt: 960
# Baths: 2
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 2000
Avg SqFt: 960
# Baths: 2
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Conventional
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: %
Remarks Misc
Geo Lat: 33.539275
Geo Lon: -112.231459
Status Change Info
Off Market Date: 2024-04-02
Under Contract Date: 2024-03-30
Close of Escrow Date: 2024-06-17
Sold Price: $1,200,000
Legal Info
Lot Number: N/A
Income Expenses
Gross Annual Sch Inc: 96000
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Composition; Tile
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Heating: Heat Pump
Cooling: Ceiling Fan(s); Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: 1 Space/Unit; Free; Paved
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity
Source of Fincl Data: Owner
Showing Notification Methods: Text; Phone Call
Lockbox Type: Supra; Combo
New Financing: Conventional; 1031 Exchange
Environmental: None
Listing Office: My Home Group Real Estate
Last Updated: May - 19 - 2025
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
You must be logged in to post a comment.