4313 N 19TH Avenue OFC, Phoenix, AZ 85015

$4,500,000

Property Type: Multiple Dwellings Status: Closed

Current Price: $4,500,000 Last Modified: 3/06/2025

Overview

Listing Details MLS# 6155885

Location, Tax & Legal

Map Code/Grid: P34
House Number: 4313
Compass: N
Street Name: 19TH
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85015
Zip4: 4695
Country: US
County Code: Maricopa
Subdivision: CENTRE ARMS LOT 1
Assessor Number: 155-51-071
Tax Year: 2020
Unit #: OFC
Assessor's Map #: 51
Legal Description (Abbrev): LOT 1 CENTRE ARMS MCR 026519
Assessor's Parcel #: 71
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 108902
Taxes: 10571
Legal: LOT 1 CENTRE ARMS MCR 026519
Marketing Name: Contempo 19

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: -
Year Built: 1985
Uncvrd Parking Spcs: 26
Total # of Units: 41
# of Buildings: 2
Zoning: r5
Elementary School District: Osborn Elementary District
High School District: Phoenix Union High School District

Remarks Misc

Cross Street: 19th Ave and Turney Ave

Status Change Info

Off Market Date: 2021-02-25
Under Contract Date: 2021-02-25
Close of Escrow Date: 2021-05-21

Legal Info

Township: 2N
Range: 3E
Section: 19
Lot Number: Yes

More Information

Income Expenses

Gross Annual Sch Inc: 155523
Net Operating Income: 155523

1 Bedroom Units

# 1 Bedroom Units: 41
Avg Rent: 824
Avg SqFt: 559
# Baths: Yes

Sold Info

Loan Type: Conventional
Loan Years: 15
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Buyer Concession to Seller: 0
Seller Concession to Buyer: 0

Project Type

25 - 50 Units: Yes

Construction

Other: Yes

Const - Finish

Other (See Remarks): Yes

Roofing

Other: Yes

Floors

Other: Yes

Sale Includes

Other (See Remarks): Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 10571
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 155523

Pmt & Rate Info

Cap Rate: 3.99
Equity: 3900000
Down Payment %: 66
Monthly Payments: 8150
Total Owed: 0

Showing Notification Methods

Phone Call: Yes

Lockbox Type

None: Yes

Community Features

Pool: Yes
Barbecue: Yes

Heating

Other: Yes
See Remarks: Yes

Cooling

Other: Yes
See Remarks: Yes

Interior Features

Unfurnished: Yes
Other (See Remarks): Yes

Tenant Pays

Other (See Remarks): Yes

Appliances Included

Dishwasher: Yes
Disposal: Yes
Refrigerator: Yes
Built-In Range: Yes
Washer/Dryer: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

>1 Space Per Unit: Yes

Electric

None: Yes

Gas

Other (See Remarks): Yes

Owner Pays

Other: Yes

New Financing

Other (See Remarks): Yes

Existing 1st Loan

Other (See Rmks): Yes

Existing 1st Loan Terms

Assume - Qualify: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Efficiency Units

Avg Rent: 0

2 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: 25 - 50 Units Construction: Other Const - Finish: Other (See Remarks) Roofing: Other Floors: Other Sale Includes: Other (See Remarks) Community Features: Pool; Barbecue Interior Features: Unfurnished; Other (See Remarks) Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal; Washer/Dryer Heating: Other; See Remarks Cooling: Other; See Remarks Water Source: City Franchise Sewer: Sewer - Public Electric: None Gas: Other (See Remarks) Parking Features: >1 Space Per Unit Road Surface Type: Asphalt Owner Pays: Other Tenant Pays: Other (See Remarks) Source of Fincl Data: Owner Showing Notification Methods: Phone Call Lockbox Type: None Existing 1st Loan: Other (See Rmks) Existing 1st Loan Terms: Assume - Qualify New Financing: Other (See Remarks) Environmental: None

Listing Office: Commercial Property Connect

Last Updated: March - 06 - 2025