opportunity zone apartments and land...opportunity zone apartments and land in red-hot coolidge,...

OPPORTUNITY ZONE Apartments and LandIn red-hot Coolidge, Arizona Rev. 2019.07.20



COLDWELL BANKER ROX REALTY1919 N Trekell Rd, Casa Grande AZ 85122

CBROXTeam.com520.423.8250

Rock EarleDesignated Broker, [email protected]

The ROXTeamBea Lueck

Realtor® [email protected]

David Schlagel







David Schlagel








David Schlagel


The information contained herein is from sources deemed reliable. BROKER has no reason to doubt its accuracy but does not guarantee it. It is the responsibility of the reviewer it to independently verify it. This information package is subject to change, pr ior sale or complete withdrawal without notification.

Property photos and informationThe information contained herein is from sources deemed reliable. BROKER has no reason to doubt its accuracy but does not guarantee it. It is the responsibility of the reviewer it to independently verify it. This information package is subject to change, pr ior sale or complete withdrawal without notification.

Property photos and information

Coolidge, AZ is one of the hottest markets around, with new industry flocking to central Pinal County!

Multiple homebuilders are producing new homes to meet demand of the expected influx of workers.

This apartment complex and additional acre (.92ac) of land is perfect for your O-Zone investment plans!

• Feature-packed units are large, with patio, storage/laundry rooms, lots of tile, and rent easily and quickly

• substantially renovated 2017-2018• Concrete driveway/parking areas; covered parking • Seller MAY carry financing; submit• In Opportunity Zone! (see map P3)

Location:

Parcel #:

Size (apts):Size (land):

Age:

Pro-forma GOI

(small units):(large units):

Price:

371-375 W Spruell Ave, Coolidge AZ 85128

205-17-053-A, 205-17-053-B

800sf x 4 = 3,200sf; 900sf x 4 = 3,600sf = 6,800sf total 40,946sf = .94ac land (per Assessor)

1979 (per Assessor); substantial updates 2017/18

Units currently rented from $550-725; new units(at turnover) are being rented at $7254 x $700 = $2,800/mo = $33,600/yr4 x $725 = $2,900/mo = $34,800/yr

$649,000 = $95/sf = 9.5x Proforma Gross

Apartments Land

n/a

205-17-052

n/a40,075sf (.92ac per Assessor)

n/a

n/an/a

$146,000 = $3.64/sf

Total

6,800sf apts1.86ac

$68,400

$795,000

Disclosures: 1. Rock Earle, a principal and designated broker of Coldwell Banker ROX is also a principal of Seller2. Listing agents have a financial interest in Seller 3. All 3 parcels (apartments AND land) must be sold together









David Schlagel







David Schlagel








David Schlagel


Area MapArea MapThe information contained herein is from sources deemed reliable. BROKER has no reason to doubt its accuracy but does not guarantee it. It is the responsibility of the reviewer it to independently verify it. This information package is subject to change, pr ior sale or complete withdrawal without notification.

Area MapThe information contained herein is from sources deemed reliable. BROKER has no reason to doubt its accuracy but does not guarantee it. It is the responsibility of the reviewer it to independently verify it. This information package is subject to change, pr ior sale or complete withdrawal without notification.

McClellan Meadows

Park Homes

Picacho Crossing









David Schlagel







David Schlagel








David Schlagel


Zoning Map (City of Casa Grande); Assessor’s Parcel Map (Pinal County)Zoning Map (City of Casa Grande); Assessor’s Parcel Map (Pinal County)The information contained herein is from sources deemed reliable. BROKER has no reason to doubt its accuracy but does not guarantee it. It is the responsibility of the reviewer it to independently verify it. This information package is subject to change, pr ior sale or complete withdrawal without notification.

Zoning Map (City of Casa Grande); Assessor’s Parcel Map (Pinal County)The information contained herein is from sources deemed reliable. BROKER has no reason to doubt its accuracy but does not guarantee it. It is the responsibility of the reviewer it to independently verify it. This information package is subject to change, pr ior sale or complete withdrawal without notification.The information contained herein is from sources deemed reliable. BROKER has no reason to doubt its accuracy but does not guarantee it. It is the responsibility of the reviewer it to independently verify it. This information package is subject to change, pr ior sale or complete withdrawal without notification.

MAPS: Opportunity ZoneThe information contained herein is from sources deemed reliable. BROKER has no reason to doubt its accuracy but does not guarantee it. It is the responsibility of the reviewer it to independently verify it. This information package is subject to change, pr ior sale or complete withdrawal without notification.

MAPS: Opportunity Zone Source: Arizona Commerce Authority

Opportunity Zones

Opportunity

Zone

NikolaMotor CoNikolaMotor Co

LucidMotorsLucidMotors









David Schlagel







David Schlagel








David Schlagel



City of Coolidge Zoning MapThe information contained herein is from sources deemed reliable. BROKER has no reason to doubt its accuracy but does not guarantee it. It is the responsibility of the reviewer it to independently verify it. This information package is subject to change, pr ior sale or complete withdrawal without notification.

City of Coolidge Zoning Map









David Schlagel







David Schlagel








David Schlagel



Unit PlansThe information contained herein is from sources deemed reliable. BROKER has no reason to doubt its accuracy but does not guarantee it. It is the responsibility of the reviewer it to independently verify it. This information package is subject to change, pr ior sale or complete withdrawal without notification.

Unit Plans

Property consists of four (4) duplexes:• Two duplexes (4 units) have 800sf units• Two duplexes (4 units) have 900sf units

(diagrams and chart from 2018 appraisal)

All units have:• covered porches front and back• storage rooms• laundry areas

• covered parking









David Schlagel







David Schlagel








David Schlagel


Property photos (file photos from 2018)Property photos (file photos from 2018)


Property photos (file photos from 2018)










David Schlagel







David Schlagel








David Schlagel


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8

8

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NikolaMotor CoNikolaMotor Co

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Aerial Photo, Property Location MapAerial Photo, Property Location MapThe information contained herein is from sources deemed reliable. BROKER has no reason to doubt its accuracy but does not guarantee it. It is the responsibility of the reviewer to independently ver ify it. This information package is subject to change, prior sale or complete withdrawal without notification.

Aerial Photo, Property Location MapThe information contained herein is from sources deemed reliable. BROKER has no reason to doubt its accuracy but does not guarantee it. It is the responsibility of the reviewer to independently ver ify it. This information package is subject to change, prior sale or complete withdrawal without notification.

RobsonRanch

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LucidMotorsLucidMotorsLucidMotors

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opportunity zone apartments and land...opportunity zone apartments and land in red-hot coolidge,...

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