fbpx

Investment Opportunity in Arrowhead Ranch

Calling all investors that are interested in owning rental properties.…current demand for rental homes in the Glendale area has hit a new level and there are less than a one month supply of good rental properties available currently. Many investors backed off the Phoenix area late last year due to rising prices and low inventory. Now however, the tides have changed to tip back to be more favorable to a buyer, and strong rent demand has increased rental prices as well. Take a look at these key facts and if you are interested in finding out more detailed information, contact us!

  • Investments in Arrowhead Ranch make particular sense as the community is ever popular and has so many amenities going for it.
  • Proximity to major employers makes this a great choice for incoming transferees. American Express, USAA, and Midwestern University have all expanded this year
  • Rental availability in the metro market is down to a 1 month supply. Northwest areas that echo that  inventory level are North Phoenix and Glendale.
  • With rental demand at such a strong level, choosing a good property will lead to a great return on investment and property values will remain strong in this particular community.

Listed below is a small sampling of some current town homes, condos, and single family homes that would be great rental units for long term tenants, and some that are excellent for a vacation home rental. See all Arrowhead Ranch and Arrowhead Lakes listings our our neighbhorhood pages: Arrowhead Ranch      Arrowhead Lakes   Want to search for homes and town homes on your own? Use our easy button to navitate to our map based property search page where you can edit your own searches, create a personal portal and log in to save, track, and review homes using the same system Realtors use.   Partner up with the team at Arizona eHomes for some valuable insight to the market, and help in selecting a great fitting property. Great Short Sale Opportunity with long term tenant in place!    See some example listings below:


$105,000
4631 W Continental Drive
Glendale, AZ 85308
MLS# 5111381
Status: Closed
3 beds  |  2 baths


4631 W Continental Drive, Glendale, AZ 85308
  1 / 2  
4631 W Continental Drive, Glendale, AZ 85308 4631 W Continental Drive, Glendale, AZ 85308

Property Description
Short Sale Approved Bring Me A Offer..Long Term Tenant Wants To Stay Paying $920.00 Per Month. Adorable Single Level 3 Bedroom 2 Bathroom Townhome Over Looks Golf Course With Large Back Patio. Front Patio Is Large & Has A Fireplace & Grill. Tenant Can Stay Or Move! Won't Last...

Details
Contract Information
Status Change Date: 2014-08-01
List Price: $105,000
Status: Closed
Current Price: $106,000
List Date: 2014-05-06
Type: ER
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 2.5
Variable Commission: N
Location, Tax & Legal
Map Code/Grid: K32
House Number: 4631
Compass: W
Street Name: Continental
St Suffix: Drive
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85308
Country: USA
County Code: Maricopa
Assessor's Map #: 24
Assessor's Parcel #: 222
Assessor Number: 207-24-222
Subdivision: Bellair Townhouses
Tax Municipality: Maricopa - CITY
Taxes: 544.22
Tax Year: 2013
General Property Description
Dwelling Type: Townhouse
Dwelling Styles: Attached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 3
# Bathrooms: 2
Approx SQFT: 1200
Price/SqFt: 88.33
Horses: N
Builder Name: Continental Homes
Year Built: 1975
Approx Lot SqFt: 1715
Pool: Community Only
Elementary School: Bellair Elementary School
Jr. High School: Desert Sky Middle School
High School: Deer Valley High School
Elementary School District: Deer Valley Unified District
High School District: Deer Valley Unified District
Remarks & Misc
Cross Street: 42nd Ave Bell Road
Directions: North On 42nd Ave To Continential Dr Then West To Property On The Left..
Geo Lat: 33.643062
Geo Lon: -112.160064
Status Change Info
Off Market Date: 2014-07-17
Under Contract Date: 2014-07-17
Close of Escrow Date: 2014-07-29
Sold Price: 106000
Legal Info
Lot Number: 5048
Association & Fees
HOA Y/N: Y
HOA Transfer Fee: 399
HOA Fee: 138
HOA Paid Frequency: Monthly
HOA Name: Bellair Townhouses
HOA Telephone: 623-322-8507
HOA 2 Y/N: Y
HOA 2 Transfer Fee: 400
Association Fee 2: 68
Association Fee 2 Frequency: Monthly
HOA 2 Name: Bellair Association
HOA 2 Telephone: 602-978-4087
HOA 3 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee $/%: $
Cap Improvement/Impact Fee 2 $/%: $
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Rec Center Fee 2 Y/N: N
Ttl Mthly Fee Equiv: 206
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: N
Parking Spaces
Carport Spaces: 1
Total Covered Spaces: 1
Contact Info
List Agent Home Phn: 602-434-9527
Sold Info
Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Special Listing Cond: Short Sale Approval Required
Add'l Property Use: None
Architecture: Other (See Remarks)
Building Style: Clustered
Master Bathroom: Full Bth Master Bdrm
Master Bedroom: Not Split
Fireplace: No Fireplace
Flooring: Carpet; Tile
Pool Features: No Pool
Spa: None
Community Features: Biking/Walking Path; Children's Playgrnd; Clubhouse/Rec Room; Comm Tennis Court(s); Community Pool; Community Pool Htd; Golf Course
Dining Area: Eat-in Kitchen
Kitchen Features: Range/Oven Elec; Disposal; Kitchen Island
Laundry: Inside
Technology: Cable TV Avail; High Speed Internet Available
Exterior Features: Built-in BBQ; Patio
Construction: Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Comp Shingle
Cooling: Refrigeration
Heating: Electric; No Heat
Utilities: APS
Water: City Water
Sewer: Sewer - Public
Fencing: Wrought Iron; Block
Property Description: Golf Course Lot
Landscaping: None
Possession: Close of Escrow
Unit Style: All on One Level
Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Garbage Collection; Pest Control; Front Yard Maint; Common Area Maint; Street Maint
Assoc Rules/Info: Prof Managed; None
Existing 1st Loan: Conventional
New Financing: VA; FHA; Conventional
Disclosures: Seller Discl Avail

Listing Office: Better Homes & Gardens Real Estate SJ Fowler

Last Updated: August - 08 - 2014

4631 W Continental Drive, Glendale, AZ 85308 - MLS# 5111381

Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

Saturday 27th of April 2024 12:45 AM

Speak Your Mind

*