7550 E OSBORN Road E 1-10, Scottsdale, AZ 85251
$9,250,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $9,250,000 Last Modified: 10/03/2022
Overview
Description
Gorgeous Luxury Condos in Old Town Scottsdale adjacent to Scottsdale Stadium. Perfect for Airbnb that bring in up to $9000/month or $4500-$6500\month for long term rentals. Whole complex is for sale. Each unit has 3 bed, 3.5 bath, 2 car garage, and a private elevator. community pool. Tile or wood floors. Thermador appliances. Ring doorbells. Tesla chargers. Large granite slabs in the kitchens and tons of custom cabinetry.
Listing Details MLS# 6382587
Location, Tax & Legal
- Map Code/Grid
- P37
- House Number
- 7550
- Compass
- E
- Street Name
- OSBORN
- St Suffix
- Road
- St Dir Sfx
- E
- City/Town Code
- Scottsdale
- State/Province
- AZ
- Zip Code
- 85251
- County Code
- Maricopa
- Subdivision
- MILLER SQUARE CONDOMINIUM
- Assessor Number
- 130-24-090
- Tax Year
- 2021
- Unit #
- 1-10
- Assessor's Map #
- 24
- Legal Description (Abbrev)
- LOT 1002 MILLER SQUARE CONDOMINIUM MCR 132807
- Assessor's Parcel #
- 90
- Add'l Parcels
- Yes
- Tax Municipality
- Scottsdale
- Census Tract
- 217201
- Taxes
- 2727
- Legal
- LOT 1002 MILLER SQUARE CONDOMINIUM MCR 132807
- Marketing Name
- Miller Square
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 300x600
- Year Built
- 2019
- Uncvrd Parking Spcs
- 2
- Total # of Units
- 10
- # of Buildings
- Yes
- Zoning
- Condominium
- Elementary School District
- Scottsdale Unified District
- High School District
- Scottsdale Unified District
Remarks Misc
- Cross Street
- Miller and Osborn
- Directions
- Northwest Corner of Miller and Osborn
Status Change Info
- Off Market Date
- 2022-09-13
- Under Contract Date
- 2022-09-13
- Close of Escrow Date
- 2022-09-30
Legal Info
- Township
- 2N
- Range
- 4E
- Section
- 26
- Lot Number
- 1002
More Information
Income Expenses
- Gross Annual Sch Inc
- 629400
- Net Operating Income
- 583707
3 Bedrooms Units
- # 3 Bedroom Units
- 10
- Avg Rent
- 6500
- Avg SqFt
- 2000
- # Baths
- 3
Contact Info
- List Agent Home Phn
- 602-332-5812
Sold Info
- Loan Type
- Cash
- Payment Type
- Fixed
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Project Type
- 5 - 12 Units
- Yes
Construction
- Wood Frame
- Yes
Const - Finish
- Painted
- Yes
- Stucco
- Yes
Roofing
- Foam
- Yes
Floors
- Concrete
- Yes
Sale Includes
- Building(s) Only
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Gas Exp
- 2000
- Annual Ins Exp
- 11529
- Annual Landscape Exp
- 3600
- Annual Trash Exp
- 2400
- Annual Wtr/Swr Exp
- 3500
- Owner Association
- Yes
- Annual Ownr Asoc Fee
- 0
- Annual Other Expense
- 2000
- Operating Exp
- 27756
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 629400
Pmt & Rate Info
- Cap Rate
- 5.84
- Equity
- 10000000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
Showing Notification Methods
- Text
- Yes
- Yes
- Phone Call
- Yes
Lockbox Type
- None
- Yes
Community Features
- Heated Pool(s)
- Yes
Heating
- Natural Gas
- Yes
Cooling
- Heat Pump
- Yes
Exterior Amenities
- Landscape Water System
- Yes
Interior Features
- Unfurnished
- Yes
- Elevator(s)
- Yes
Tenant Pays
- None
- Yes
Appliances Included
- Dishwasher
- Yes
- Disposal
- Yes
- Microwave
- Yes
- Built-In Range
- Yes
- W/D Hookup
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Garage
- Yes
Electric
- APS
- Yes
Gas
- SW Gas
- Yes
Owner Pays
- Water
- Yes
- Electric
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
New Financing
- Conventional
- Yes
- Owner May Carry
- Yes
- 1031 Exchange
- Yes
Existing 1st Loan
- Private
- Yes
Reports/Disclosures
- Seller Prop Disc Stm
- Yes
Environmental
- None
- Yes
Efficiency Units
- Avg Rent
- 0
1 Bedroom Units
- Avg Rent
- 0
2 Bedroom Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type: 5 - 12 Units Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Foam Floors: Concrete Sale Includes: Building(s) Only Community Features: Heated Pool(s) Exterior Amenities: Landscape Water System Interior Features: Unfurnished; Elevator(s) Appliances Included: Built-In Range; Dishwasher; Disposal; Microwave; W/D Hookup Heating: Natural Gas Cooling: Heat Pump Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: Garage Road Surface Type: Asphalt Owner Pays: Water; Electric; Trash Collection; Landscaping Tenant Pays: None Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Private New Financing: Conventional; Owner May Carry; 1031 Exchange Environmental: None
Documents
Rent and Expenses › Listing Office: Network Realty
Last Updated: October - 03 - 2022
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