13865 W CLAREMONT Street, Litchfield Park, AZ 85340
Overview
Description
Supplements: ... (Read more) Property Features: Single-story construction for low maintenance Spacious lot with ample parking Functional layouts with private entrances Large outdoor/common areas with utility access Solid block construction with long-term durability Low-maintenance desert landscaping Value-Add Potential: Below-market rents with clear upside Opportunity to enhance outdoor/common areas Strong long-term appreciation in a high-growth corridor Portfolio Opportunity: Property must be sold with adjoining 4-plex, offering investors the opportunity to acquire a larger multi-family portfolio with increased scale, operational efficiency, and long-term value creation. FHA, and VA loan approved!
Listing Details MLS# 7016959
Location, Tax & Legal
- House Number
- 13865
- Compass
- W
- Street Name
- CLAREMONT
- St Suffix
- Street
- City/Town Code
- Litchfield Park
- State/Province
- AZ
- Zip Code
- 85340
- Zip4
- 4022
- County Code
- Maricopa
- Subdivision
- LUKE FIELD HOMES 159-198 225-244
- Assessor Number
- 501-13-091-E
- Tax Year
- 2025
- Assessor's Map #
- 13
- Legal Description (Abbrev)
- LUKE FIELD HOMES MCR 60-13 PT LT 211 & PT SW4 SEC 10 DAF COM AT SW COR SEC 10 TH N 1606.68F TH S 88D
- Assessor's Parcel #
- 91
- Assessor Parcel Ltr
- E
- Add'l Parcels
- No
- Tax Municipality
- Maricopa - COUNTY
- Census Tract
- 61046
- Taxes
- 885
- Legal
- LUKE FIELD HOMES MCR 60-13 PT LT 211 & PT SW4 SEC 10 DAF COM AT SW COR SEC 10 TH N 1606.68F TH S 88D
- Marketing Name
- Litchfiled Apartments
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 7200
- Year Built
- 1957
- Uncvrd Parking Spcs
- 8
- Total # of Units
- 2
- # of Buildings
- Yes
- Zoning
- multi family
- Elementary School District
- Litchfield Elementary District
- High School District
- Agua Fria Union High School District
- Elementary School
- Litchfield Elementary School
- Jr. High School
- Western Sky Middle School
- High School
- Canyon View High School
Remarks Misc
- Cross Street
- Litchfield Rd and Bethany Home
Legal Info
- Township
- 2N
- Range
- 1W
- Section
- 10
- Lot Number
- 211
Income Expenses
- Gross Annual Sch Inc
- 31200
- Net Operating Income
- 33600
More Information
Showing Notification Methods
- Showing Service
- Non-MLS Showing Service - See Private Remarks
2 Bedroom Units
- # 2 Bedroom Units
- 2
- Avg Rent
- 1400
- Avg SqFt
- 700
- # Baths
- Yes
Project Type
- Duplex
- Yes
Construction
- Block
- Yes
- Wood Frame
- Yes
Const - Finish
- Painted
- Yes
- Brick Veneer
- Yes
Roofing
- Composition
- Yes
- Rolled
- Yes
Floors
- Ceramic Tile
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Gas Exp
- 0
- Annual Ins Exp
- 0
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 0
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 0
- Annual Mgmt Exp
- 0
- Annual Trash Exp
- 1200
- Annual Wtr/Swr Exp
- 1200
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 0
- Operating Exp
- 3285
- Other Income
- 0
- Vacancy Allowance
- 0.02
- Adjusted Gross Inc
- 30576
Pmt & Rate Info
- Cap Rate
- 5.65
- Down Payment
- 0
- Equity
- 595000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Lockbox Type
- See Private Remarks
- Yes
Community Features
- No Pool
- Yes
Heating
- Wall Furnace
- Yes
- Window/Wall Unit(s)
- Yes
Cooling
- Window/Wall Unit
- Yes
Tenant Pays
- Gas
- Yes
- Electricity
- Yes
- Cable TV
- Yes
Appliances Included
- Disposal
- Yes
- Refrigerator
- Yes
- Free-Standing Range
- Yes
Road Access Type
- City Street
- Yes
Road Surface Type
- Concrete
- Yes
- Dirt
- Yes
- Gravel
- Yes
Source of Fincl Data
- Owner
- Yes
Road Responsibility
- City Maintained Road
- Yes
Water Source
- Private
- Yes
- See Remarks
- Yes
Sewer
- Septic-In & Connected
- Yes
Parking Features
- On Street
- Yes
- 1 Space/Unit
- Yes
- RV Access/Parking
- Yes
Electric
- APS
- Yes
Gas
- SW Gas
- Yes
Owner Pays
- Water
- Yes
- Trash Collection
- Yes
New Financing
- Cash to Loan
- Yes
- VA
- Yes
- Conventional
- Yes
- FHA
- Yes
- 1031 Exchange
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Existing 2nd Loan
- Other (See Remarks)
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Other (See Remarks)
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- None
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
- Other (See Remarks)
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Efficiency Units
- Avg Rent
- 0
1 Bedroom Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
