$220,000
$235,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
Cornville, AZ 86325
4 Beds
2 Baths
1,296 SqFt
Key Details
Sold Price $220,000
Property Type Mobile Home
Sub Type Mfg/Mobile Housing
Listing Status Sold
Purchase Type For Sale
Square Footage 1,296 sqft
Price per Sqft $169
Subdivision Lower Oc Est
MLS Listing ID 532926
Sold Date 08/17/23
Bedrooms 4
Year Built 1998
Annual Tax Amount $662
Tax Year 2022
Lot Size 1.230 Acres
Acres 1.23
Property Sub-Type Mfg/Mobile Housing
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
INCREDIBLE INVESTMENT OPPORTUNITY WITH A CAP RATE OVER 8% FOR A NEW BUYER. TWO LEASED HOMES WITH OAK CREEK FRONTAGE! Both are 648 sf, 2 bed, 1 bath manufactured homes built in 1998. 2685 and 2689 S Horton (Parcels 407-07-509 and 407-07-508), totaling 1.21 acres, included in the sale. Long term tenants want to stay. Each tenant has agreed to renew a lease with a new owner for $900 a month. Will not qualify for traditional lending since it is two separate homes. Cash, Investment Loan or Hard Money Loan only. Please do not disturb tenants. 48 hours notice to show.
Location
State AZ
Community Lower Oc Est
Direction Cornville Road to Loy Road, left on Kadamoto Drive to left on Storey Dr. Storey turns into Clatterbuck which turns into Horton. Property on the left.
Interior
Interior Features Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s)
Heating Electric
Cooling Ceiling Fan(s)
Flooring Carpet, Vinyl
Fireplaces Type None
Fireplace No
Window Features Dual Pane
Exterior
Roof Type Rolled/Hot Mop
Private Pool No
Building
Sewer Septic Tank
Water Pvt Water Company
New Construction No
Others
Senior Community No
Tax ID 40707509
Acceptable Financing Cash
Listing Terms Cash
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Bought with Chambers Realty Group