3025 N 38th Street, Phoenix, AZ 85018 (MLS# 6614751)

Current Price: $4,050,000 List Price: $4,050,000 Status: Active List Date: 2023-10-05 Ownership: Fee Simple Buyer/Broker: Y Buyer Broker $/%: %

House Number: 3025 Compass: N Street Name: 38th St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85018 Country: USA County Code: Maricopa Assessor's Map #: 21 Assessor's Parcel #: 17 Add'l Parcels: No Assessor Number: 127-21-017 Legal: CITRUS ACRES Tax Municipality: Maricopa - COUNTY Taxes: 14343 Tax Year: 2023 Marketing Name: Estilo

Lot Size Dimensions: 40,408 sq ft. Year Built: 1971 Uncvrd Parking Spcs: 12 Total # of Units: 15 # of Buildings: 7 Zoning: R-3 Elementary School District: Creighton Elementary District High School District: Phoenix Union High School District

Geo Lat: 33.483176 Geo Lon: -111.999251

Status Change Date: 2023-10-06

Lot Number: 88

Annual Elec Exp: 9967 Annual Ins Exp: 5625 Annual Landscape Exp: 3750 Annual Legal & Acctg: 8021 Annual Maint Exp: 6750 Annual Mgmt Exp: 13022 Owner Association: No Annual Rplcmnt Rsrvs: 4500 Annual Other Expense: 1875 Operating Exp: 67853 Gross Annual Sch Inc: 286548 Other Income: 20026 Vacancy Allowance: 0.05 Adjusted Gross Inc: 291245.3 Net Operating Income: 218528

Cap Rate: 5.08 Equity: 4300000

Showing Service: Aligned Showings

# 1 Bedroom Units: 1 Avg Rent: 1400 Avg SqFt: 700 # Baths: 1

# 2 Bedroom Units: 14 Avg Rent: 1600 Avg SqFt: 880 # Baths: 14

Project Type: 13 - 24 Units Construction: Block Const - Finish: Stucco Roofing: Comp Shingle Floors: Concrete Sale Includes: Land & Building Community Amenities: Pool; Barbecue Exterior Amenities: Green Landscaping; Fenced Appliances Included: BI Oven/Range; Dishwasher; Microwave; Washer/Dryer Cooling: Ceiling Fan(s); Electric Water: Master Meter Sewer: Sewer - Public Electric: SRP; Individual Meter Gas: SW Gas Parking: >1 Space Per Unit Roads/Streets: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electric Source of Fincl Data: Provided by Owner; Projected Proforma Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None New Financing: Conventional; Seller May Carry; 1031 Exchange Reports/Disclosures: None Environmental: None