Properties

Scottsdale, AZ 85257 7320 E Belleview Street

7320 E Belleview Street Scottsdale, AZ - Image 17320 E Belleview Street Scottsdale, AZ - Image 27320 E Belleview Street Scottsdale, AZ - Image 3
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7320 E Belleview Street Scottsdale, AZ - Image 47320 E Belleview Street Scottsdale, AZ - Image 57320 E Belleview Street Scottsdale, AZ - Image 67320 E Belleview Street Scottsdale, AZ - Image 77320 E Belleview Street Scottsdale, AZ - Image 87320 E Belleview Street Scottsdale, AZ - Image 97320 E Belleview Street Scottsdale, AZ - Image 107320 E Belleview Street Scottsdale, AZ - Image 117320 E Belleview Street Scottsdale, AZ - Image 127320 E Belleview Street Scottsdale, AZ - Image 137320 E Belleview Street Scottsdale, AZ - Image 147320 E Belleview Street Scottsdale, AZ - Image 157320 E Belleview Street Scottsdale, AZ - Image 167320 E Belleview Street Scottsdale, AZ - Image 177320 E Belleview Street Scottsdale, AZ - Image 18
Presented By: Munroe Multifamily; 480-221-5449
  • MLS# 6640573
  • 12/14/2023
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Home Details

Bella Villas is a 21-unit garden style community located one block southeast of Scottsdale Rd & McDowell and is adjacent to SkySong, the ASU Scottsdale Innovation Center. The seller's existing first position debt is available for assumption upon approval from the lender. The property uniquely offers both townhome style (two-story) and patio-home style (one-story) units with each unit possessing its own tax parcel number allowing for individual consumer sales as a possible exit strategy for the future owner. Twenty of the units are two-bedroom floorplans and the remaining unit is a one-bedroom floorplan. The townhome units enjoy private backyards and second story balconies. The patio-home units enjoy private front patios and private backyards. Thirteen of the units have been recently renovated with modern interiors and include shaker cabinets, quartz countertops, stainless steel appliance packages, wood plank vinyl flooring, new fans, faucets, fixtures, remodeled bathrooms and in-suite laundry. Each unit is individually metered for electricity and enjoys its own water heater. Tenants enjoy covered parking, resort style swimming pool and a community laundry facility is also available. Assumable debt is available. Bella Villas is conveniently located near Old Town Scottsdale, Fashion Square Mall, and enjoys easy access to the 101 and 202 Freeways and is just a short drive to Sky Harbor International Airport, the Arizona State University Main Campus (ranked most innovative University in the U.S.), the Marina Heights (the largest office development in Arizona history) and the Novus Innovation Corridor both located in north Tempe adjacent to Arizona State University. The property is 100% leased.
Presented By: Munroe Multifamily; 480-221-5449

Interior Features for 7320 E Belleview Street

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Electric On Property Y/NNo
FlooringOther
Heating Y/NYes
Street SuffixStreet

General for 7320 E Belleview Street

Additional Parcels Y/NYes
Attached Garage No
Buyer Agent Compensation1.00
Buyer Agent Compensation Type%
Cap Rate6.0
Carport Y/NNo
CityScottsdale
Community FeaturesOther, Pool
Construction MaterialsSee Remarks, Painted, Stucco
CoolingElectric, Ceiling Fan(s)
CountyMaricopa
Days on Market108
DisclosuresOther (See Remarks), None
ElectricOther (See Remarks), SRP
Elementary School DistrictScottsdale Unified District
Garage Y/NNo
Gross Income464108.25
HeatingElectric
High School DistrictScottsdale Unified District
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet0.0
MobileHomeRemainsYNNo
Net Operating Income365906.0
Open Parking Spaces6.0
Operating Expense5364.0
OwnerPaysGas, Trash Collection, Water, Sewer
OwnershipFee Simple
Percent OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofSee Remarks
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Street NameBelleview
Tax Annual Amount5364.0
Tax Lot21
Tax Year2022
Tenant PaysSee Remarks, Electricity
Total Units21
View Y/NNo
Year Built1960
ZoningR-5

Exterior for 7320 E Belleview Street

Covered Spaces21.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensionsunknown
Lot Size Acres0.0
Lot Size Area0.0
Number of Buildings6
Open Parking Y/NNo
Parking Features>1 Space Per Unit
Road Surface TypeAsphalt
SpaNo
Total Parking27.0
Water SourceCity Franchise

Additional Details

Price History

Connect Realty

Price $6,100,000
MLS#6640573
List Date 12/14/2023
Property Type Multi-Family
Phone 888.795.6274
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