$149,000
21425 W I 40 Business Loop
Seligman, AZ 86337
MLS# 170704
2700 sqft


21425 W I 40 Business Loop, Seligman, AZ 86337
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21425 W I 40 Business Loop, Seligman, AZ 86337 21425 W I 40 Business Loop, Seligman, AZ 86337 21425 W I 40 Business Loop, Seligman, AZ 86337 21425 W I 40 Business Loop, Seligman, AZ 86337

Property Description
A great investment property in an area where there is a high demand for rentals. These 3 apartment units are all 900 square feet, 2 bedrooms and 1 baths and individually metered. This 3+ acre property has room to expand. Awesome investor property or live in one unit and rent out the other 2. $1350 gross rents monthly. These units are in good condition and offer a great return on your investment. Shown by appointment only.

Details
Maps
Contract Information
Current Price: $149,000
List Price: $149,000
List Price/SqFt: 55.19
Property Sub-Type: Duplex, Triplex, 4-Plex, 8-Plex
Transaction Type: Sale
Location, Tax & Legal
County: Yavapai
Region: 1 - Other Area
Area: 35 - Seligman
APN: 301-21-005F
Street #: 21425
Direction: W
Street Name: I 40 Business Loop
City/Town Code: Seligman
State/Province: AZ
Zip Code: 86337
Legal Description: IRREG PCL BY M AND B LYING ALONG N SIDE OF HWY 66 IN THE S PTN OF LOT 2 SEC 6 22 5W CONT CORR AC 3.11 AC
Zoned: C2-1
Taxes: 339
Tax Year: 2016
Geo Lat: 35.322799
Geo Lon: -112.856512
Key Words
Sale/Rent: For Sale
Net Op Inc: $10,000 - 19,999
Vacancy %: 0%
Cap Rate: 10 - 10.9%
Imprv Sz (Gross SF): 1,500 - 2,999
Land Size: 3 - 4.9 AC
# Units: 3
Down Payment: Submit
General Property Description
# of Units: 3
Year Built: 1966
Year Built Source: County
Lot Dimensions: irregular
Remarks & Misc
Directions: Take exit 123 off of I40 and go north toward Seligman. Property will be on the left between the KOA and the Pizza place.
Status Change Info
Status: Active
Currently Not Used
Approx SqFt: 2700
Inc/Exp (Annual)
Scheduled Income $: 15600
= Gross Op Income $: 15600
- Op Expenses $: 1000
= Net Op Income(NOI): 14600
= CFBT $: 14600
Cap Rate %: 9.7
Property Features
Inc/Exp (Annual): Seller Prop Disc St
To Show: Appt Only/CLO; Drive By/Don't Enter
Leases: Month to Month
Util incld in Rent: None
Potential Terms: Cash/CTNM; Conventional; OMC 1st; Submit
Interior Amenities: Carpet/Tile; Duo-Pane Wind.; Range/Ovens; Refrigerators; Smoke/Heat Det.
Lot Street Imprvmnts: Dirt Street
Utilities: City Water; Electric; Indiv. Metered; Natural Gas; Septic
Heat/Cooling: Central A/C; Central Heating; Electricity; Heat Pump
Construction: Masonry
Roof: Asphalt Shingle
Flood Zone: D-Undetermined
Management: Owner/Family

Listing Office: Century 21 Flagstaff Realty

Last Updated: July - 24 - 2017

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Friday 22nd of June 2018 08:26 PM