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    3804 E MONTEREY Way, Phoenix, AZ 85018
									$9,250,000
				
					    
      
        
      
      
        
      
    
  				
			
		
																										
					
									
					
									
					
									
					
									
					
									
					
									
					
									
					
									
					
									
					
									
					
									
					
									
					
									
					
							
			
																	
						Property Type:
						Multiple Dwellings
					
																																			
						Status:
						Active
					
									
		
							
					Current Price:
					$9,250,000
				
													
					Last Modified:
					7/07/2025
				
					
	Description
				Introducing Alameda Villas - Brand New Luxury Townhomes!
Discover Alameda Villas, a stunning new construction community completed in 2024, offering 15 meticulously designed single-family townhomes. Built for ultimate flexibility, these homes can be sold individually as single-family residences or acquired entirely for a lucrative leasing opportunity.
Each three-bedroom, 2.5-bath unit offers premium finishes, custom cabinetry, elegant countertops, beautiful flooring, and durable synthetic stucco exteriors for a low-maintenance lifestyle.
Prime Location: Near dining, grocery stores, and shopping. Living Space: 1,825 SQFT
Under Roof: 2,246 SQFT 
Two-Car Garage
Don't miss this exceptional opportunity! Plus fully occupied! 
							
					More Information MLS# 6690486
Contract Info
																	Ownership: Fee Simple
																	Current Price: $9,250,000
																	List Price: $9,250,000
																	Status: Active
																	List Date: 2024-04-11
															
						Location, Tax & Legal
																	Assessor's Map #: 20
																	Legal Description (Abbrev): LOT 15 ALAMEDA VILLAS MCR 163040
																	Assessor's Parcel #: 262
																	Add'l Parcels: Yes
																	Tax Municipality: Phoenix
																	Census Tract: 110902
																	Taxes: 30000
																	Legal: LOT 15 ALAMEDA VILLAS MCR 163040
																	Marketing Name: ALAMEDA VILLAS
																	House Number: 3804
																	Compass: E
																	Street Name: MONTEREY
																	St Suffix: Way
																	City/Town Code: Phoenix
																	State/Province: AZ
																	Zip Code: 85018
																	County Code: Maricopa
																	Subdivision: ALAMEDA VILLAS
																	Assessor Number: 127-20-262
																	Tax Year: 2023
															
						General Property Description
																	# of Buildings: 7
																	Uncvrd Parking Spcs: 2
																	Lot Size Dimensions: 1.02 acres
																	Flood Zone: No
																	Total # of Units: 15
																	Elementary School District: Creighton Elementary District
																	High School District: Phoenix Union High School District
																	Year Built: 2024
																	Zoning: R-3
															
						Legal Info
																	Range: 3E
																	Section: 25
																	Township: 2N
																	Lot Number: 15
															
						Project Type
																	Duplex: 1
																	Tri-Plex: 1
																	13 - 24 Units: 1
															
						Construction
																	Wood Frame: 1
																	Ducts Professionally Air-Sealed: 1
																	ICAT Recessed Lighting: 1
															
						Const - Finish
																	Painted: 1
																	Stucco: 1
																	Stone: 1
															
						Roofing
																	Foam: 1
															
						Floors
																	Vinyl: 1
																	Carpet: 1
															
						Sale Includes
																	Land & Building: 1
															
						Income & Expenses
																	Owner Association: No
																	Annual Ownr Asoc Fee: 0
																	Operating Exp: 30000
																	Other Income: 0
																	Vacancy Allowance: 0
																	Adjusted Gross Inc: 410988
															
						Pmt & Rate Info
																	Equity: 9250000
																	Down Payment %: 0
																	Monthly Payments: 0
																	Total Owed: 0
															
						Showing Notification Methods
																	Showing Service: Aligned Showings
																	Text: 1
																	Email: 1
																	Phone Call: 1
															
						Lockbox Type
																	Supra: 1
															
						Community Features
																	No Pool: 1
																	Other: 1
															
						Heating
																	Electric: 1
															
						Cooling
																	Ceiling Fan(s): 1
																	Central Air: 1
																	Electric: 1
															
						Exterior Amenities
																	Landscape Water System: 1
																	Green Landscaping: 1
																	Desert Landscaping: 1
																	Fenced: 1
															
						Tenant Pays
																	Electricity: 1
																	Cable TV: 1
															
						Appliances Included
																	Refrigerator: 1
																	Dishwasher: 1
																	Disposal: 1
																	Microwave: 1
																	Washer/Dryer: 1
																	Other: 1
															
						Source of Fincl Data
																	Owner: 1
															
						Water Source
																	City Franchise: 1
																	Master Meter: 1
																	Individual Meter: 1
															
						Sewer
																	Sewer - Public: 1
															
						Parking Features
																	Garage: 1
																	On Street: 1
																	Add'l Parking Avail: 1
															
						Electric
																	SRP: 1
																	Individual Meter: 1
															
						Gas
																	None: 1
															
						Owner Pays
																	Water: 1
															
						New Financing
																	Cash: 1
																	Conventional: 1
																	1031 Exchange: 1
															
						Existing 1st Loan
																	Treat as Free&Clear: 1
															
						Reports/Disclosures
																	None: 1
															
						Environmental
																	None: 1
															
						Efficiency Units
																	Avg Rent: 0
															
						1 Bedroom Units
																	Avg Rent: 0
															
						2 Bedroom Units
																	Avg Rent: 0
															
						3 Bedrooms Units
																	# 3 Bedroom Units: 15
																	Avg Rent: 3450
																	Avg SqFt: 1825
																	# Baths: 3
															
						4 Bedrooms Units
																	Avg Rent: 0
															
						Remarks Misc
																	Cross Street: 38th Street and Indian School
																	Geo Lat: 33.485875
																	Geo Lon: -111.999661
															
						Income Expenses
																	Gross Annual Sch Inc: 410988
															
						Property Features
																				Project Type: Duplex; Tri-Plex; 13 - 24 Units
																				Construction: Wood Frame; Ducts Professionally Air-Sealed; ICAT Recessed Lighting
																				Const - Finish: Painted; Stucco; Stone
																				Roofing: Foam
																				Floors: Vinyl; Carpet
																				Sale Includes: Land & Building
																				Community Features: No Pool; Other
																				Exterior Amenities: Landscape Water System; Green Landscaping; Desert Landscaping; Fenced
																				Appliances Included: Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; Other
																				Cooling: Ceiling Fan(s); Electric; Central Air
																				Water Source: City Franchise; Master Meter; Individual Meter
																				Sewer: Sewer - Public
																				Electric: SRP; Individual Meter
																				Gas: None
																				Parking Features: Garage; On Street; Add'l Parking Avail
																				Owner Pays: Water
																				Tenant Pays: Electricity; Cable TV
																				Source of Fincl Data: Owner
																				Showing Notification Methods: Text; Email; Phone Call
																				Lockbox Type: Supra
																				Existing 1st Loan: Treat as Free&Clear
																				New Financing: Cash; Conventional; 1031 Exchange
																				Environmental: None
											
				
			Listing Office:
			ARRT of Real Estate		
	
	
	
							Last Updated: July - 07 - 2025
																																
		
		
		
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