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300 E White Mountain Blvd 5 Unit Apartment Building $1,030,000 ($206,000/Unit) Pinetop Lakeside, AZ 85935

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INVESTMENT HIGHLIGHTS

  • Prime frontage along White Mountain Blvd with excellent visibility to both commuter and seasonal tourist traffic

EXECUTIVE SUMMARY

Includes a single family home and 4 condos all on 1 acre lot.Zoned C-1.
Home is 2806 Sq ft with 2 car garage built in 1956 with a large back deck overlooking Billy Creek. The 2 story condo with 4 units was built in 1993 with a rustic design, each unit has 2 bedrooms and 2 baths and a deck, new range and refrigerator in 2023. Condos have gas heat, house has gas heat in one bedroom and gas heated hot water pipes running in concrete floors in the rest of the home..
Owner pays utilities for Condos (master meter), and the house tenant pays (individually metered). Condos on City Sewer, house on septic and pumped into City Sewer. Seller is selling in as is condition.

PROPERTY FACTS

Price $1,030,000
Price Per Unit $206,000
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.00 AC
Building Size 7,000 SF
No. Stories 2
Year Built 1993
Opportunity Zone Yes
Zoning C-1 - Commercial retail

AMENITIES

UNIT AMENITIES

  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 5 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
311-26-005A
Land Assessment
$108,026
Improvements Assessment
$791,130
Total Assessment
$899,156
  • Listing ID: 30680225

  • Date on Market: 1/17/2024

  • Last Updated:

  • Address: 300 E White Mountain Blvd, Pinetop Lakeside, AZ 85935

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