480-442-0779

3532 E CAMELBACK Road, Phoenix, AZ 85018 (MLS# 6082766)


$3,250,000
3532 E CAMELBACK Road
Phoenix, AZ 85018
MLS# 6082766



3532 E CAMELBACK Road, Phoenix, AZ 85018
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Property Description
Absolutely stunning 13 bed & 13 bath assisted living home located in the heart of the Biltmore area. Right off camelback rd, close proximity to the 51 and 202. One of the most prestigious and well established assisted living care homes in the Phoenix MSA. Caregivers live on site. Sale conditions: home & business. Operating at an actual 9.12% cap. Grossing 40k a month.

Details
Maps
Contract Info
Current Price: $3,250,000
List Price: $3,250,000
Status: Active
List Date: 2020-05-25
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: N35
House Number: 3532
Compass: E
Street Name: CAMELBACK
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85018
Zip4: 2404
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 2 CAMELBACK SHADOWS MCR 006723
Subdivision: CAMELBACK SHADOWS
Assessor's Map #: 14
Assessor's Parcel #: 2
Add'l Parcels: No
Assessor Number: 170-14-002
Legal: LOT 2 CAMELBACK SHADOWS MCR 006723
Census Tract: 108301
Tax Municipality: Maricopa - CITY
Taxes: 9109
Tax Year: 2019
Marketing Name: CAMELBACK SHADOWS
General Property Description
Lot Size Dimensions: 16,278
Year Built: 2009
Total # of Units: 10
# of Buildings: 1
Zoning: R-10
Elem School Dist #: 014 - Creighton Elementary District
High School Dist #: 210 - Phoenix Union High School District
Remarks & Misc
Cross Street: Camelback and 35th Street
Directions: Head East on camelback from central Ave. Turn left on 35th Street.
Geo Lat: 33.510302
Geo Lon: -112.004913
Status Change Info
Status Change Date: 2020-05-26
Legal Info
Township: 2N
Range: 3E
Section: 13
Lot Number: 2
Income & Expenses
Annual Elec Exp: 4532.86
Annual Gas Exp: 1201.92
Annual Ins Exp: 3263.07
Annual Mgmt Exp: 76800
Annual Wtr/Swr Exp: 1784.09
Owner Association: No
Annual Other Expense: 10186.44
Operating Exp: 106877.38
Gross Annual Sch Inc: 403313.22
Adjusted Gross Inc: 403313.22
Net Operating Income: 296435.22
Pmt & Rate Info
Cap Rate: 9.12
Down Payment %: 20
Monthly Payments: 14374
Equity: 3250000
Efficiency Units
# Efficiency Units: 10
Avg Rent: 4000
Avg SqFt: 400
# Baths: 13
1 Bedroom Units
# 1 Bedroom Units: 10
Avg Rent: 4000
Avg SqFt: 400
# Baths: 1
Property Features
Project Type: Other (See Remarks)
Construction: Frame - Wood
Const - Finish: Stucco
Roofing: Tile
Floors: Vinyl/Composition; Ceramic Tile
Sale Includes: Land & Building; Other (See Remarks)
Community Amenities: No Pool
Appliances Included: F/S Oven/Range; Refrigerator; Dishwasher; Microwave; Washer/Dryer
Cooling: Electric Refrigeratd
Water: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Parking: Garage; Add'l Parking Avail
Roads/Streets: Concrete
Owner Pays: Water; Electric; Gas; Trash Collection; Cable TV; Landscaping; Pool/Spa Maintenance
Tenant Pays: None
Source of Fincl Data: Provided by Owner
New Financing: Other (See Remarks)
Reports/Disclosures: None
Environmental: None

Listing Office: Kenneth James Realty

Last Updated: March - 22 - 2021

3532 E CAMELBACK Road, Phoenix, AZ 85018 - MLS# 6082766

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