$1,050,000

11329 E Apache Trail, 0
Mesa, AZ 85205
MLS# 6317642
Status: UCB (Under Contract-Backups)

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Property Description
Great Investment Property!!! These two parcels have RARE R5 High Density Multi Family Zoning! R5 allows one unit per 1,000 sqft in the County Island of Maricopa. Parcel 23A has 2.126 acres of non-confirming use for a 27 space mobile home park and also has two studio block construction duplex. Parcel 22 has an additional .947 acres of underdeveloped land for expansion with the same rare R5 zoning. Property has another entrance off 4th Ave called Kenwell Ln. Don't miss out on this amazing income generating property!

Details

Maps

Documents

Contract Information

Current Price: $1,050,000

List Price: $1,050,000

Status: UCB (Under Contract-Backups)

List Date: 2021-11-05

For Sale or Lease?: Sale

Type: ER

Location, Tax & Legal

Map Code/Grid: R43

House Number: 11329

Compass: E

Street Name: Apache

St Suffix: Trail

City/Town Code: Mesa

State/Province: AZ

Zip Code: 85205

Country: USA

County Code: Maricopa

Assessor's Map #: 66

Assessor's Parcel #: 23

Assessor Parcel Ltr: A

Add'l Parcels: Yes

Assessor Number: 220-66-023-A

Legal Description (Abbrev): N 792F OF W 165F OF E 495F OF NW4 SE4 EX N 250F TH/OF & ALSO S 20F OF N 450F OF W 165F OF E 330F 0F

Subdivision: METES & BOUNDS

Census Tract: 422629

Tax Municipality: Maricopa - COUNTY

Taxes: 4174

Tax Year: 2020

General Property Description

Apx Total Acres: 3.07

Apx Total Acres G/N: N

Price Per Acre: 342019.54

Apx SqFt: 133860

Price Per SqFt: 7.84

Apx SqFt G/N: N

Lot Size Dimensions: 793 X165

Horses: N

Zoning: R-5

Flood Zone: No

Elem School Dist #: 004 - Mesa Unified District

High School Dist #: 004 - Mesa Unified District

Remarks & Misc

Cross Street: MERIDIAN DR & APACHE TRAIL

Directions: TURN S ON REX AVE FROM APACHE TRL. TURN W ON DRIVEWAY NEXT TO BLOCK WALL.

Geo Lat: 33.413639

Geo Lon: -111.586328

Status Change Info

Status Change Date: 2022-01-04

UCB or CCBS: UCB (Under Contract-Backups)

Legal Info

Township: 1N

Range: 7E

Section: 24

Pmt & Rate Info

Equity: 1100000

Assoc/Prop Info

HOA Y/N: N

PAD Fee Y/N: N

HOA 2 Y/N: N

Contact Info

List Agent Home Phn: (928) 301-9455

Property Features

Special Listing Cond: Exclusion(s) (SRmks)

Existing Land Use: Residential Lot; Mobile/Mfg Home Lot; RV Lot; Residential Acreage

Zoned Presently: Multi-Family; Mobile Home Park

Potential Use: Single Family; Multi-Family; Mobile/Mgf Hme/RV's

Parcel Size: 2.50 - 4.99 Acres

Current Density: 40+ Units P/Acre

Proposed Density: 40+ Units P/Acre

Development Status: Raw Land

Land Features: City Light View(s); Mountain View(s)

Vegetation: Natural Vegetation

Land Configuration: Square Rectangular; Flag

Roads/Streets: Dirt

Existing Structures: See Remarks

Water: See Remarks

Sewer: Septic Tank; Septic-In & Connectd

Electric: SRP

Gas: SW Gas

Distance to Cable: On Property

Distance to Phone: On Property

Distance to Water: On Property

Distance to Electric: On Property

Distance to Gas: On Property

Distance to Sewer: None

Existing 1st Loan: Treat as Free&Clear

Existing 1st Ln Type: Not Applicable

Existing 1st Ln Trms: Not Applicable

New Financing: Cash; Conventional; 1031 Exchange

Reports/Disclosures: Seller Prop Disc Stm; None

Environmental: None

Fencing: Block; Chain Link; Partial

Listing Documents

Market Conditions

On-Site Wastewater Treatment

Listing Office: Sterling Fine Properties

Last Updated: January - 04 - 2022

11329 E Apache Trail, 0, Mesa, AZ 85205 (MLS# 6317642)