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$10,000,000
4820 W Palo Verde Dr, Glendale, AZ 85301
0 Beds
0 Baths
n/a SqFt

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Villas West was built in 1984 and features 285 mostly townhome units situated on approximately 19-acres consisting of 57, two-story frame and stucco buildings. The property has flat and pitched tile roofs with individual air conditioning units and individual water heaters. The current offering is for 51 of the 285 total town home units. The community features some spectacular amenities including two sparkling swimming pools, tuck-under covered parking, spacious courtyards, and onsite management / HOA. Villas West offers spacious two- and three-bedroom loft and townhouse floor plans offering the largest units within the submarket.
  • Price:
  • $10,000,000
  • Year Built:
  • 1984
  • Listing ID #:
  • 6425266
  • Street Address:
  • 4820 W Palo Verde Dr
  • City:
  • Glendale
  • State:
  • Arizona
  • Postal Code:
  • 85301
  • County:
  • Maricopa
  • Subdivision:
  • Hallcraft Villas West 8
  • Listing Status:
  • Active
  • Listing Type:
  • ResidentialMultiFamily
School District: 210 - Phoenix Union High School District
  • Construction Description:
  • Frame - Wood
  • Exterior Features:
  • Patio/Balcony
  • Flooring:
  • Ceramic Tile
  • Number Of Units:
  • 51.00
  • Siding:
  • Stucco
  • Type Of Roof:
  • Foam, Tile
  • Year Built:
  • 1984
  • Adjusted Gross Income:
  • 805790.00
  • Annual Electric Expenses:
  • 5000.00
  • Annual Insurance Expenses:
  • 5100.00
  • Annual Legal & Accounting Expenses:
  • 6000.00
  • Annual Maintenance Expenses:
  • 26000.00
  • Annual Management Expenses:
  • 32252.00
  • Net Operating Income:
  • 575041.00
  • Operating Expense:
  • 231249.00
  • Conforms To Zoning:
  • R-4
  • Community Features:
  • Pool
  • Included In Sale:
  • Building(s) Only
  • Terms:
  • Conventional
  • Property Taxes:
  • $23,807
  • Tenant Pays:
  • Electric, Sewer, Trash, Water
  • Covered Parking Spaces:
  • 51.00
  • Parking Description:
  • Carport
  • Parking Spaces:
  • 102.00
  • Appliances:
  • Dishwasher, Disposal, F/S Oven/Range, Refrigerator, W/D Hookup
  • Cooling System:
  • Electric, Individual
  • Electricity:
  • Srp
  • Existing Water:
  • City Franchise
  • Heating:
  • Individual
  • Sewage Type:
  • Sewer - Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listings Provided by Svn/Desert Commercial Advisors
  • ARMLS

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