Properties
Phoenix, AZ 85041 141 W LATONA Road
$4,995,000
8 more
Presented By: City to City Commercial; 480-355-2222
Garage • 1
Home Details
11 individual homes sold in bulk built in 2024. Nice community with 2 pocket parks. All homes have 2 car garages. Located near the new light rail line extension on Central Ave.
AS of now, 8 homes are leased, self-managed by the owner. Owner maintains the common areas and provides quarterly exterior pest control. Buyer to verify all information.
Presented By: City to City Commercial; 480-355-2222
Interior Features for 141 W LATONA Road
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringLaminate
Heating Y/NYes
General for 141 W LATONA Road
Additional Parcels Y/NYes
Cap Rate5.09
Carport Y/NNo
CityPhoenix
Community FeaturesNo Pool
Construction MaterialsWood Frame, Stucco
CoolingElectric
CountyMaricopa
DirectionsSouth from Baseline Rd. on 7th Ave to Gary Way. East to 5th Ave. South to Beverly Rd. East to 2nd Dr. South to Latona then east to the 11 new homes.
DisclosuresOther (See Remarks)
ElectricSRP
Electric Expense60.0
Elementary School DistrictRoosevelt Elementary District
Garage Y/NYes
Gross Income277053.84
HeatingElectric
High School DistrictPhoenix Union High School District
Insurance Expense10643.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
MobileHomeRemainsYNNo
Net Operating Income254251.0
New ConstructionYes
New Financing: CashTrue
New Financing: ConventionalTrue
Number Of Units Total11
Occupancy TypeTenant
Open Parking Spaces0.0
Operating Expense23133.0
OwnerPaysSee Remarks, Trash Collection, Water, Sewer
OwnershipFee Simple
OwnershipFee Simple
Property ConditionNew Construction
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition, See Remarks, Foam
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameLATONA FONTAINE
Tax Annual Amount330.0
Tax Lot1
Tax Year2025
Township1S
Year Built2025
ZoningResidential
Exterior for 141 W LATONA Road
Covered Spaces22.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot DimensionsIrregular
Number of Buildings11
Road Surface TypeAsphalt
SpaNo
Total Parking22.0
Water SourceCity Franchise
Additional Details
Price History
