Properties
Casa Grande, AZ 85122 1915 N AVENIDA DE PALMAS --
$1,400,000
19 more
Presented By: Wise Choice Properties; 602-687-8792
Garage • 1
Home Details
Excellent investment opportunity featuring 7 townhome units with strong rental appeal.
Each unit is individually parceled and includes an attached 2-car garage, adding long-term value and tenant appeal.
Units #19-27 share the same well-designed floor plan and include a den that can easily function as a third bedroom or home office (note: den does not have a closet). #29 is a 2-story 3 bedroom unit.
The owner of Avenida De Palmas Townhomes is responsible for three consistent expenses:
• A homeowners association (HOA) fee, which includes water service.
• Trash & sewer services totaling $54.85 per month.
• Annual property taxes assessed individually for each unit.
All other expenses are considered miscellaneous and may vary by owner, such as property management etc.
Presented By: Wise Choice Properties; 602-687-8792
Interior Features for 1915 N AVENIDA DE PALMAS --
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringTile, Laminate, Carpet, Ceramic Tile, Vinyl
Heating Y/NYes
General for 1915 N AVENIDA DE PALMAS --
Additional Parcels Y/NYes
Cap Rate6.97
Carport Y/NNo
CityCasa Grande
Community FeaturesSee Remarks
Construction MaterialsWood Frame, Painted, Stucco
CoolingCentral Air, Ceiling Fan(s), Electric, Heat Pump
CountyPinal
DirectionsSouth from Kortsen on Trekell to Avenida De Palmas Blvd west to property. The road does curve around and properties are on both sides of the street.
DisclosuresNone
ElectricIndividual Meter
Electric Expense0.0
Elementary SchoolCholla Elementary School
Elementary School DistrictCasa Grande Elementary District
Fuel Expense0.0
Garage Y/NYes
Gross Income118125.0
HeatingHeat Pump, 2 or More Units, Electric
High SchoolCasa Grande Union High School
High School DistrictCasa Grande Union High School District
Insurance Expense0.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
MaintenanceExpense0.0
Middle/Junior High SchoolCactus Middle School
MobileHomeRemainsYNNo
Net Operating Income97559.06
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
New Financing: VATrue
Number Of Units Total7
Open Parking Spaces14.0
Operating Expense20565.94
OwnerPaysTrash Collection
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofOther, Tile
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameTIERRA PALMAS TOWNHOUSES
Tax Annual Amount5878.94
Tax Lot25
Tax Year2024
Township06S
Trash Expense4607.0
Water Sewer Expense0.0
Year Built2003
ZoningRes
Exterior for 1915 N AVENIDA DE PALMAS --
Covered Spaces14.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions.04
Number of Buildings3
Road Surface TypeAsphalt
SpaNo
Total Parking28.0
Water SourcePrivate
Additional Details
Price History
Schools
High School
Casa Grande Union High School
Middle School
Cactus Middle School
Elementary School
Cholla Elementary School
