$1,580,000
$370K PRICE DROP

825 W Us Highway 60 -- Superior, AZ 85173

Estimated payment $9,018/month

Total Views 9,808
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Concrete Flooring
  • Individual Controls for Heating

About This Home

This 16 unit efficiency apartment complex are fully furnished with a queen size sofa sleeper, kitchenette, microwave, mini-split AC unit, and all utilities are included. This property was completely renovated from new roof, electrical and panels, plumbing, on demand gas water heater system, asphalt and much more. Property has onsite laundry plus 13 small storage units for tenants. Additionally, this property has a venue that is ready to be completed. Electrical, plumbing, new roof, and property is completely monitored with fire system. The venue is and additional 2000 sf of space with great character for additional revenue options. Owner/Agent.

Listing Agent

Mike Snitz

eXp Realty License #SA651575000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,387

Year Built

  • Built in 1999

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 28 Open Parking Spaces
  • 28 Parking Spaces

Schools

  • John F Kennedy Elementary School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Additional Features

  • Concrete Flooring
  • Additional Parcels

Listing and Financial Details

  • Legal Lot and Block 14 / 17
  • Assessor Parcel Number 105-05-162

Community Details

Overview

  • 2 Buildings
  • 16 Units
  • Building Dimensions are 7150 x 5000
  • Belmont Addition Subdivision

Building Details

  • Operating Expense $48,469
  • Gross Income $157,950
  • Net Operating Income $57,653

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,387

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Cross Street: Highway 60 & South Western Ave
  • Legal Info Range: 12E
  • Property Type: Multiple Dwellings
  • Zoning: C-1
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1999
  • Tax Year: 2024
  • Directions: Upon entering Superior heading East the property is located on the South just before the Conoco gas station
  • Road Surface Type: Asphalt
  • Subdivision Name: BELMONT ADDITION
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: Built-In Range, Refrigerator, Microwave
  • Appliances Included:Microwave2: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved, Fee
  • Attached Garage: No
  • Open Parking Spaces: 28.0
  • Total Parking Spaces: 28.0
  • General Property Description:Uncvrd Parking Spcs: 28.0
  • General Property Description:Total Parking Spcs: 28.0
  • Parking Features:Paved2: Yes

Utilities

  • Electric: APS
  • Cooling: Individual
  • Heating: Individual
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Furnished: Yes

Fee Information

  • Annual Fuel Expense: 1386.0
  • Trash Expense: 1736.0
  • Annual Water Sewer Expense: 8400.0

Schools

  • Elementary School: John F Kennedy Elementary School

Lot Info

  • Lot Size: 7150 x 5000
  • Additional Parcels: Yes
  • Parcel #: 105-05-162

Multi Family

  • Owner Pays: Gas, Electricity, Trash Collection, Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 16
  • Electric Expense: 6964.0
  • Annual Gross Income: 157950.0
  • Insurance Expense: 9620.0
  • Maintenance Expense: 3600.0
  • Property Net Operating Income: 57653.0
  • Annual Operating Expense: 48469.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 2387.0
  • Tax Block: 17
  • Tax Book Number: 105.00
  • Tax Lot: 14

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2025 01/17/25 Price Changed $1,580,000 -9.7% --
12/06/2024 12/06/24 Price Changed $1,750,000 -10.3% --
11/06/2024 11/06/24 For Sale $1,950,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6780509

Arizona Regional Multiple Listing Service (ARMLS)