$8,000,000
Avondale, AZ 85323
MLS# 6612647
1 / 14
Property Description
Multifamily Investment Opportunity!! Shovel ready 6.5-acre site (approx.) with city of Avondale plan approvals for 156-unit apartment project, proposed project includes a mix of 1-bedroom and 2-bedroom units within six (6) 3-sory buildings. A 1,580 sq. ft. leasing office and recreation building, pool, hot tub, sun deck, playground, and BBQ gazebos complete the properties amenities. Great location with easy access to I-10 freeway, shopping, dining, and grocery stores within 1-2 miles. Public schools, parks, and golf course nearby. Close to spring training ballpark and Goodyear Airport. Some site work has been completed and all approved architectural drawings by city are included in property sale.
Details
Maps
Contract Information
Current Price: $8,000,000
List Price: $8,000,000
Status: Active
List Date: 2023-09-05
For Sale or Lease?: Sale
Type: ER
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 2
Variable Commission: N
Location, Tax & Legal
House Number: 128XX
Compass: W
Street Name: Buckeye
St Suffix: Road
Lot #: -
City/Town Code: Avondale
State/Province: AZ
Zip Code: 85323
Zip4: 2774
Country: USA
County Code: Maricopa
Assessor's Map #: 54
Assessor's Parcel #: 227
Add'l Parcels: No
Assessor Number: 500-54-227
Legal Description (Abbrev): COM NW COR SEC 14 TH S 560.83F TH NELY ALG CUR CONC SELY 263.19F TH S 21D 5M E 57.76F TH NELY ALG
Census Tract: 61402
Tax Municipality: Avondale
Taxes: 3000
Tax Year: 2022
General Property Description
Apx Total Acres: 6.5
Apx Total Acres G/N: N
Price Per Acre: 1230769.23
Apx SqFt: 283308
Price Per SqFt: 28.24
Apx SqFt G/N: N
Lot Size Dimensions: 453 x 747
Zoning: PAD
Elementary School: Lattie Coor
Jr. High School: Lattie Coor
High School: Agua Fria High School
Elementary School District: Avondale Elementary District
High School District: Agua Fria Union High School District
Remarks & Misc
Cross Street: Dysart Rd & Buckeye Rd
Directions: From I-10, exit Dysart Rd travel south to Buckeye Rd. Property is on the south side of Buckeye Rd and east of Dysart Rd. Frontage entrance along W Buckeye Rd.
Geo Lat: 33.433417
Geo Lon: -112.338287
Status Change Info
Status Change Date: 2023-10-04
Legal Info
Township: 1N
Range: 1W
Section: 14
Lot Number: -
Pmt & Rate Info
Equity: 8000000
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
HOA 2 Y/N: N
Showing Notification Methods
Showing Service: Aligned Showings
Contact Info
List Agent Home Phn: 623-979-0065
Property Features
Special Listing Cond: N/A
Existing Land Use: Commercial Lot; Residential Acreage; Commercial Acreage
Zoned Presently: Multi-Family; Existing P.A.D.
Potential Use: Multi-Family
Parcel Size: 5.00 - 9.99 Acres
Development Status: Raw Land; Plans Available; Plans Included
Land Configuration: Pad Site; Irregular Shape
Water: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Distance to Cable: Under 350 Feet
Distance to Phone: Under 350 Feet
Distance to Water: Under 350 Feet
Distance to Electric: Under 350 Feet
Distance to Gas: None
Distance to Sewer: On Property
Existing 1st Loan: Treat as Free&Clear
New Financing: Conventional
Reports/Disclosures: Development Pln Aval
Environmental: None
Showing Notification Methods: Text; Email; Phone Call; No Notification Required to Show
Lockbox Type: None
Fencing: Block
Listing Office: Century 21 Northwest
Last Updated: December - 07 - 2023
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Sunday 28th of April 2024 03:16 PM