9502 N 15TH Avenue OFC, Phoenix, AZ 85021 (MLS# 6155883)

9502 N 15TH Avenue OFC, Phoenix, AZ 85021

$8,300,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $8,300,000 Last Modified: 3/06/2025

Overview

Listing Details MLS# 6155883

Location, Tax & Legal

Map Code/Grid
M34
House Number
9502
Compass
N
Street Name
15TH
St Suffix
Avenue
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85021
Zip4
0800
County Code
Maricopa
Assessor Number
158-23-024
Tax Year
2020
Unit #
OFC
Assessor's Map #
23
Legal Description (Abbrev)
N2 N2 SE4 NE4 SW4 & N2 N2 S2 N2 SE4 NE4 SW4 EX E 33F RD & EX W 25F RD
Assessor's Parcel #
24
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
104501
Taxes
33554
Legal
N2 N2 SE4 NE4 SW4 & N2 N2 S2 N2 SE4 NE4 SW4 EX E 33F RD & EX W 25F RD
Marketing Name
Contempo 15

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
-
Year Built
1984
Uncvrd Parking Spcs
143
Total # of Units
92
# of Buildings
9
Zoning
r4 MH
Elementary School District
Washington Elementary District
High School District
Glendale Union High School District

Remarks Misc

Cross Street
15th Ave and Hatcher

Status Change Info

Off Market Date
2021-01-30
Under Contract Date
2020-11-11
Close of Escrow Date
2021-03-26

Legal Info

Township
3N
Range
3E
Section
30
Lot Number
-

More Information

Income Expenses

Gross Annual Sch Inc
407838
Net Operating Income
407838

Efficiency Units

# Efficiency Units
12
Avg Rent
705
Avg SqFt
560
# Baths
Yes

1 Bedroom Units

# 1 Bedroom Units
36
Avg Rent
780
Avg SqFt
675
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
44
Avg Rent
928
Avg SqFt
860
# Baths
Yes

Sold Info

Loan Type
Other
Loan Years
13
Payment Type
Other
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

51 - 99 Units
Yes

Other Type

Other (See Remarks)
Yes

Construction

Other
Yes

Const - Finish

Other (See Remarks)
Yes

Roofing

Other
Yes

Floors

Other
Yes

Sale Includes

Building(s) Only
Yes
Personal Property
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
33554
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
407838

Pmt & Rate Info

Cap Rate
4.53
Equity
5839000
1st Encumbrance
3161000
Down Payment %
65
Monthly Payments
13987
1st Years Remaining
13
1st Payment Freq
Monthly
Total Owed
3161000

Payment Includes

Interest
Yes

Showing Notification Methods

Phone Call
Yes

Lockbox Type

None
Yes

Community Features

Pool
Yes
Manager Res/Office
Yes
Play Area
Yes

Heating

Other
Yes
See Remarks
Yes

Cooling

Other
Yes
See Remarks
Yes

Exterior Amenities

Guard Gate
Yes

Interior Features

Other (See Remarks)
Yes

Tenant Pays

Water
Yes
Sewer
Yes
Electricity
Yes

Appliances Included

Other
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

>1 Space Per Unit
Yes

Electric

Other (See Remarks)
Yes

Gas

Other (See Remarks)
Yes

Owner Pays

Trash Collection
Yes
Landscaping
Yes
Pool Maintenance
Yes

New Financing

Other (See Remarks)
Yes

Special

Lender / Corporate Approval Required
Yes

Existing 1st Loan Type

Fixed
Yes

Existing 1st Loan Terms

Assume - Qualify
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Other (See Remarks)
Yes

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: 51 - 99 Units Other Type: Other (See Remarks) Construction: Other Const - Finish: Other (See Remarks) Roofing: Other Floors: Other Sale Includes: Building(s) Only; Personal Property Payment Includes: Interest Community Features: Pool; Manager Res/Office; Play Area Exterior Amenities: Guard Gate Interior Features: Other (See Remarks) Appliances Included: Other Heating: Other; See Remarks Cooling: Other; See Remarks Water Source: City Franchise Sewer: Sewer - Public Electric: Other (See Remarks) Gas: Other (See Remarks) Parking Features: >1 Space Per Unit Road Surface Type: Asphalt Owner Pays: Trash Collection; Landscaping; Pool Maintenance Tenant Pays: Water; Sewer; Electricity Source of Fincl Data: Owner Special: Lender / Corporate Approval Required Showing Notification Methods: Phone Call Lockbox Type: None Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Assume - Qualify Existing Othr Ln Trm: Other (See Remarks) New Financing: Other (See Remarks) Environmental: None
Listing Office: Commercial Property Connect
IDX
Last Updated: March - 06 - 2025
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