2000 N 36th Street, Phoenix, AZ 85008

$11,350,000

Property Type: Multiple Dwellings Status: Closed

Current Price: $11,350,000 Last Modified: 9/21/2023

Overview

Description

Great infill location in Phoenix! Close to Biltmore Fashion Park, Phoenix Sky Harbor, ASU and much more. The Grove on Palm Lane consists of 42 townhome units that are all for-rent. The development consists of 42 two-story single-family homes comprised of 18 buildings of two semi-detached homes and six fully detached homes. There are 36 larger units of over 1,800 square feet with two-car garages and six units of over 1,600 square feet with a single car garage. The lot size is 49,500 square feet. The overall architecture of the exterior is a contemporary style and the interior has higher end finishes consisting of just under 10-foot main floor ceilings, maple/cherry cabinetry and larger trim for base and case. Construction now complete.

Listing Details MLS# 5831544

Location, Tax & Legal

Map Code/Grid: P35
House Number: 2000
Compass: N
Street Name: 36th
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Country: US
County Code: Maricopa
Subdivision: GROVE ON PALM LANE
Assessor Number: 120-15-137
Tax Year: 2018

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 569' x 162'
Year Built: 2018
Total # of Units: 42
# of Buildings: 18
Zoning: R-4
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District

Remarks Misc

Cross Street: 36th Street & Palm Lane

Status Change Info

Off Market Date: 2018-12-28
Under Contract Date: 2018-11-29
Close of Escrow Date: 2018-12-28

Legal Info

Township: 2N
Range: 3E
Section: 36
Lot Number: 1-42

More Information

3 Bedrooms Units

# 3 Bedroom Units: 42
Avg Rent: 1860
Avg SqFt: 18230
# Baths: 25

Sold Info

Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %

Property Features

Project Type: 25 - 50 Units Construction: Block; Wood Frame Const - Finish: Painted; Stucco Roofing: Other Floors: Ceramic Tile; Carpet Sale Includes: Building(s) Only Community Features: No Pool Appliances Included: Other Heating: Other; See Remarks Cooling: Other; See Remarks Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: Other (See Remarks) Parking Features: Garage; On Street; Attached Road Surface Type: Asphalt Owner Pays: Other; See Remarks Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional Environmental: Other (See Remarks)

Listing Office: City to City Commercial

Last Updated: September - 21 - 2023