Phoenix Condo Mania

MLS: 5845379     $2,200,000     3 Beds /2.50 Baths

2941 FOOTHILL Phoenix AZ 85027

MLS: 5845379     $2,200,000     3 Beds /2.50 Baths

MLS #:5845379
Status:ACTIVE
List Price:$2,200,000
Price SQFT:$2,200,000
Phoenix Condos
Beds:3
Baths:2.50
SqFt:1
Year:2019
Zip:85027

 

REMARKS

Cap Rate Estimated at 8%! Unique opportunity to own 9 new built townhomes with an estimated Cap Rate of 8%. These units have yet to be built, but plans are prepared to submit to obtain permits. Very close to Deer Valley Airport and I17, these Townhomes will be readily rentable to student pilots, business owners in the airpark, or commuters seeking quick interstate access. Modern design and finish, depending upon permitting, 5 units will be approximately 1, 000 sf; 4 larger units will be 1, 200 sf.

Address: 2941 FOOTHILL PHOENIX AZ 85027

  Listing Courtesy of North & Co

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Listing Photos


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More Listing Details


STATUS:Active
OWNERSHIP:Fee Simple
DWELLING TYPE:Townhouse
MASTER BEDROOM:Upstairs
KITCHEN FEATURES:Dishwasher, Range/Oven Elec, Built-in Microwave
MASTER BATHROOM:Full Bth Master Bdrm
HEATING:Electric Heat
PARKING: TOTAL GARAGE SPACES:2. 00
PARKING: TOTAL COVERED SPACES:2. 00
# INTERIOR LEVELS:3
# EXTERIOR STORIES:3
CROSS STREET:Deer Valley and 27th Ave
SUBDIVISION:County Island
BUILDER:Richards Development LLC
HOA FEES:$0 /
HOA FEES #2:$0 /
HOA FEES INCLUDES:Common Area Maint
HOA RULES/INFO:Pets OK (See Rmrks)
TAXES:$1,012
TAX YEAR:2018
TAX MUNICIPALITY:Phoenix

Estimated Monthly Payments


List Price:$2,200,000
20% Down Payment:$440,000
Loan Amount:$1,760,000
Loan Type:30 Year Fixed
Interest Rate:4.9 %

Estimated Monthly Payment:

$9,341

Estimate does not include taxes, fees, insurance.

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Property Location: 2941 FOOTHILL PHOENIX AZ 85027


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ARMLS Logo indicates a property listed by a real estate brokerage other than Contigo Realty. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Based on information from the Arizona Regional Multiple Listing Service. Copyright © 2019. Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.

Last Updated: 2019-01-17 06:32:44