$3,000,000
3535 E MCDOWELL Road
Phoenix, AZ 85008
MLS# 5673017
Status: Closed



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Property Description
The existing charter school facility is comprised of ten buildings constructed from 1948 through 2013. The site includes three distinct City of Phoenix zoning classifications. The subject zoning districts include: R-3 Multifamily Residence District, R-5 Multifamily Residence District and C-2, Intermediate Commercial District • Kindergarten Bldg. ±1,845 • Administration Bldg. ±1,876 • Cottage Bldg. ±2,635 • Nurse's Office Bldg. ±436 • Climate-Controlled Shed ±560 • Classroom Bldg. ±12,268 • Bldg. ±1,354 • Innovation Offices (2-Story) ±3,600 • Innovation Classroom (1-Story) ±4,350 • Classroom Bldg. ±2,810 • Multi Purpose Bldg. ±8,608

Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $3,000,000
Sold Price: $3,000,000
Status: Closed
List Date: 2017-09-25
Location, Tax & Legal
Assessor's Map #: 3
Legal Description (Abbrev): PRT NE4 NW4 SEC 1 DAF BEG AT N4 COR SEC 1 TH W 180.40F TH S 40F POB TH S 551.04F TH W 180.88F TH N 3
Assessor's Parcel #: 27
Assessor Parcel Ltr: B
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Census Tract: 113601
Taxes: 7721
Legal: PRT NE4 NW4 SEC 1 DAF BEG AT N4 COR SEC 1 TH W 180.40F TH S 40F POB TH S 551.04F TH W 180.88F TH N 3
Map Code/Grid: P35
House Number: 3535
Compass: E
Street Name: MCDOWELL
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 3847
County Code: Maricopa
Assessor Number: 121-03-027-B
Tax Year: 2017
General Property Description
Ttl Apx SqFt Bldg: 40345
# of Buildings: 10
Uncvrd Parking Spcs: 48
Year Built: 2013
Zoning: C-2, R-3 & R-5
Legal Info
Range: 3E
Section: 1
Township: 1N
Lot Number: 1
Construction
Block: 1
Other: 1
Roofing
Composition: 1
Built-Up: 1
Other: 1
Floors
Concrete: 1
Vinyl: 1
Wood: 1
Carpet: 1
Other: 1
Income & Expenses
Annual Elec Exp: 1
Annual Gas Exp: 1
Annual Ins Exp: 1
Annual Land Lse Exp: 1
Annual Landscape Exp: 1
Annual Legal & Acctg: 1
Annual Maint Exp: 1
Annual Mgmt Exp: 1
Annual Trash Exp: 1
Annual Wtr/Swr Exp: 1
Owner Association: No
Annual Ownr Asoc Fee: 1
Annual PAD Fee: 1
Annual Rplcmnt Rsrvs: 1
Annual Other Expense: 1
Operating Exp: 7735
Other Income: 1
Vacancy Allowance: 1
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Other (See Remarks): 1
Business Type
Other: 1
See Remarks: 1
Stories
2 Stories: 1
Pmt & Rate Info
Down Payment: 1
Equity: 3950000
Total Owed: 0
Assessment Balance: 1
Assessment Bal Yrs: 1
Ceiling Height
8 Feet or Less: 1
8.1 Feet to 10 Feet: 1
10.1 Feet to 12 Feet: 1
Heating
Natural Gas: 1
Other: 1
See Remarks: 1
Cooling
Central Air: 1
Office A/C: 1
Other: 1
See Remarks: 1
Interior Features
Finished: 1
Fire Sprinklers: 1
Public Restrooms: 1
Loading Facilities
None: 1
Source of Fincl Data
Other (See Remarks): 1
Fencing
Partial: 1
Other: 1
See Remarks: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Private: 1
Paved: 1
Electric
SRP: 1
Gas
SW Gas: 1
New Financing
Other (See Remarks): 1
Existing 1st Loan
Other (See Rmks): 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Other (See Remarks): 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Other (See Remarks): 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Appraisal: 1
Other (See Remarks): 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
Other (See Remarks): 1
Existing Othr Ln Trm
Not Applicable: 1
Contact Info
List Agent Home Phn: 602-319-1326
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: E McDowell Rd & N 36th St
Directions: The existing charter school facility is comprised of ten buildings constructed from 1948 through 2013.
Geo Lat: 33.464965
Geo Lon: -112.005289
Status Change Info
Off Market Date: 2018-07-27
Under Contract Date: 2018-07-25
Close of Escrow Date: 2018-11-15
Sold Price: $3,000,000
Income Expenses
Gross Annual Sch Inc: 1
Net Operating Income: 1
Property Features
Building Type: Commercial; Other (See Remarks)
Business Type: Other; See Remarks
Stories: 2 Stories
Construction: Block; Other
Roofing: Composition; Built-Up; Other
Floors: Concrete; Vinyl; Wood; Carpet; Other
Ceiling Height: 8 Feet or Less; 8.1 Feet to 10 Feet; 10.1 Feet to 12 Feet
Heating: Natural Gas; Other; See Remarks
Cooling: Central Air; Office A/C; Other; See Remarks
Loading Facilities: None
Interior Features: Finished; Fire Sprinklers; Public Restrooms
Fencing: Partial; Other; See Remarks
Parking Features: Private; Paved
Electric: SRP
Gas: SW Gas
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Other (See Remarks)
Source of Fincl Data: Other (See Remarks)
Existing 1st Loan: Other (See Rmks)
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Environmental: Other (See Remarks)

IDX
Listing Office: R.O.I. Properties

Last Updated: August - 06 - 2021

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