Properties
Eloy, AZ 85131 4220 N Granada Drive
$1,050,000
19 more
Presented By: Better Homes & Gardens Real Estate SJ Fowler; 480-649-3536
Home Details
*Residential Financing Opportunity* for 12 Units- 3 separate Parcels With Diverse Easy to Lease Unit Mix Of 4-2 Bedrooms 4- 1 Bedrooms and 4- Studio Apartments. Solid Block Construction With Well Maintained Roof and AC Units, Units Have Tile In Kitchen, Living and Full Baths With Tubs. All Units Have Private Back Doors, Lots Of Parking, Lighting and Coin Laundry On Site For Extra Income. Proforma is Using Market Rents, $875+ for 2 Bedrooms $700+ for 1 Bedrooms and $550+ for Studios, Lots of Room On Rents That Are All Month To Month, Actual Rents and T12 Below and Documents Tab. Eloy is a growing manufacturing hub with demand for housing. This is an opportunity to get in before the market climbs. All Facts and Figures Approximate, Buyer To Verify To Their Own Satisfaction.
Presented By: Better Homes & Gardens Real Estate SJ Fowler; 480-649-3536
Interior Features for 4220 N Granada Drive
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringTile, Carpet
Heating Y/NYes
General for 4220 N Granada Drive
Additional Parcels Y/NYes
Attached Garage No
Cap Rate7.18
Carport Y/NNo
CityEloy
Community FeaturesSee Remarks
Construction MaterialsPainted, Block
CoolingHeat Pump, Individual
CountyPinal
DirectionsEast on Toltec Rd, North on Giles St., East on Granada. Property is on the West Side
DisclosuresNone
ElectricAPS, Individual Meter
Electric Expense3369.0
Fuel Expense0.0
Garage Y/NNo
Gross Income101365.0
HeatingIndividual
Insurance Expense4215.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
MaintenanceExpense6000.0
MobileHomeRemainsYNNo
Net Operating Income75412.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
Number Of Units Total12
Occupancy TypeTenant
Open Parking Spaces24.0
Operating Expense25953.0
OwnerPaysSee Remarks, Trash Collection, Water, Sewer, Landscaping
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount2474.0
Tax Lot9, 10, 11
Tax Year2025
Trash Expense2016.0
Water Sewer Expense5686.0
Year Built1964
ZoningUnkonwn
Exterior for 4220 N Granada Drive
Covered Spaces0.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions163 X 276
Number of Buildings3
Parking Features>1 Space Per Unit
Road Surface TypeAsphalt
SpaNo
Total Parking24.0
Water SourceCity Franchise
Additional Details
Price History
