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Address
4850 S Mountain Road Show Low, AZ
Price
$ 4,000,000
Property Attributes
  • MLS#5997749
  • TypeMulti-Family
  • CountyNAVAJO
  • CityShow Low
  • NeighborhoodCity Of Show Low
  • Zip85901
  • Style
  • Year Built2000
  • Taxes29863
  • Price$ 4,000,000
  • Bedrooms72
  • Full Bathrooms68
  • Half Bathrooms0
  • Sqr Footage35800
Listing Provided Courtesy Of:
Sperry Commercial
Property Description

Mountain Top Village offers a rare opportunity to acquire a Market Rate property in an area comprisedmainly of Affordable Housing (LIHTC), thereby appealing to the large number of residents who earn above the local income average. This area has experienced significant growth since the property was constructed, however construction of Market Rate housing has not kept up with the demand, possibly contributing to the very high area occupancy rate. 2000 Construction 36 Units / 994 SF Average Unit Size Great Unit Mix for Submarket (1, 2 & 3BR Floor Plans) All Units Individually Metered for Gas & Electric, w/ Individual HVAC Systems Full Size Washer-Dryer in Each Apt. 30 Garages Located on Hwy 260, Directly Across from Summit Halthcare.

Elementary School Middle School High School
Out of Maricopa Cnty Elementary School Out of Maricopa Cnty Middle School Out of Maricopa Cnty High School
Price History
10/28/2019 Listed $4,000,000

General Features

1 Bedroom Units: Avg Rent 707.00
2 Bedroom Units: Avg Rent 970.00
3 Bedrooms Units: Avg Rent 928.00
3 Bedrooms Units: Avg Sqft 1200
4 Bedrooms Units: Avg Rent 0.00
Construction Frame - Wood
Elementary School Out of Maricopa Cnty
Features Exercise Room
High School Out of Maricopa Cnty
Map Code/Grid C72
Middle School Out of Maricopa Cnty
Net Income 0.00
New Financing Conventional, Other (See Remarks)
Owner Pays Other (See Remarks)
Parking Garage, 1 Space/Unit, Paved Parking, Attached, Auto Door Opener, Add'l Parking Avail, Assigned
Property Type F
Public Remarks Mountain Top Village offers a rare opportunity to acquire a Market Rate property in an area comprisedmainly of Affordable Housing (LIHTC)
School District 000 - Out of Area
Status Active
Subdivision City of Show Low
Tenant Pays Electric, Cable TV, Other (See Remarks)
Year Built 2000
Zoning Municipal

Interior Features

1 Bedroom Units: # 1 Bedroom Units 4
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 750
2 Bedroom Units: # 2 Bedroom Units 28
2 Bedroom Units: # Baths 2
2 Bedroom Units: Avg Sqft 1000
3 Bedrooms Units: # 3 Bedroom Units 4
3 Bedrooms Units: # Baths 2
Appliances Included F/S Oven/Range, Refrigerator, Dishwasher, Microwave, Washer/Dryer
Cooling Electric Refrigeratd, Individual
Electric APS, Individual Meter
Floors Concrete
Gas Individual Meter, Other (See Remarks)
Heating Individual, Other (See Remarks)
Total Number of Units 36.00

Exterior Features

Sale Includes Land & Building
Const - Finish Painted
Covered Parking Spcs 30.00
Lot Size Dimensions Unique Dimensions - See comments for more info.
Roof Comp Shingle
Sewer Sewer - Public
Total Parking Spcs 70.00
Water City Franchise

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85901

Price
AVG $4M
$4M
Taxes
AVG $29,863
$29,863
Visits
AVG 91
93
Year Built
AVG 2000
2000

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