Address
1135 E Chipman Road Phoenix, AZ
Price
$ 4,292,500
Property Attributes
  • MLS#6174494
  • TypePending
  • CountyMARICOPA
  • CityPhoenix
  • Zip85040
  • Style
  • Year Built2021
  • Taxes$ 1446
  • Price$ 4,292,500
  • Bedrooms44
  • Full Bathrooms36
  • Half Bathrooms0
  • Sqr Footage16152
Listing Provided Courtesy Of:
eXp Realty
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

An awesome opportunity to purchase a unique, under construction, New-build 18 Unit Apartment Complex with separate parcels with a duplex on each parcel. Interior to include Shaker cabinets with dove-tailed drawers and slow-close hinges and drawer glides. Counter tops will be white Quartz with under-mount sinks. Stainless steel appliances in the kitchen with microwave above the electric range. Also included in each apartment will be a stackable washer & dryer. Main flooring will be durable wood-look plank with carpet in each bedroom. One (1) year Builder's warranty and Five (5) year roof warranty included. Project will be delivered at 70% rented capacity at top market rates. Detailed Info in Documents

Elementary School Middle School High School
John F Kennedy Elementary School Greenfield Junior High School South Mountain High School
Price History
12/24/2020 Listed $4,292,500

General Features

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 1230.00
3 Bedrooms Units: Avg Rent 1662.00
3 Bedrooms Units: Avg Sqft 1044
4 Bedrooms Units: Avg Rent 0.00
Construction Frame - Wood
Cooling Electric Refrigeratd, Heat Pump
Electric Individual Meter, SRP
Elementary School John F Kennedy Elementary School
Exterior Features Cable TV Available, Desert Landscaping, Fenced, Patio/Balcony
Features No Pool
Gas Y/N None
Heating Electric
High School South Mountain High School
Interior Features Fire/Smoke Alarm(s), Unfurnished
Map Code/Grid R34
Middle School Greenfield Junior High School
Net Income 211866.00
New Financing Conventional
Owner Pays Landscaping, Trash Collection
Parking >1 Space Per Unit, Free, Paved Parking
Property Type F
Roof Foam
School District 066 - Roosevelt Elementary District
Sewer Sewer - Public
Status Pending
Tenant Pays Electric, Sewer, Water
Water City Franchise, Individual Meter
Year Built 2021
Zoning R-3 MFH

Interior Features

2 Bedroom Units: # 2 Bedroom Units 10
2 Bedroom Units: # Baths 2
2 Bedroom Units: Avg Sqft 780
3 Bedrooms Units: # 3 Bedroom Units 8
3 Bedrooms Units: # Baths 2
Appliances Included Dishwasher, Disposal, F/S Oven/Range, Microwave, Refrigerator, Washer/Dryer
Floors Carpet, Vinyl/Composition
Total Number of Units 18.00

Exterior Features

Public Remarks An awesome opportunity to purchase a unique, under construction
Sale Includes Land & Building
Const - Finish Painted, Stucco
Covered Parking Spcs 8.00
Lot Size Dimensions 108x505
Total Parking Spcs 35.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • 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 85040

Price
AVG $370K
$4.29M
Taxes
AVG $958
$1,446
Visits
AVG 87
1625
Year Built
AVG 1988
2021
Walkscore
AVG 37
31
Data Provided by Walkscore ® not using MLS data

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