12570 N COTTON Lane 29-32, Surprise, AZ 85388

$1,025,000

Property Type: Multiple Dwellings Status: UCB (Under Contract-Backups)

Current Price: $1,025,000 Last Modified: 4/07/2026

Overview

Description

Brand-new 4-plex in Hayden Farms, built for long-term durability & low maintenance. Each unit offers 3 bedrooms, 2.5 baths, open-concept living, quartz countertops, stainless appliances, in-unit laundry & private garages. Great location near Loop 303,shopping,dining and top-rated schools. HOA is $988/month for all units and covers water, sewer, trash, ext insurance, landscaping, clubhouse, pool and tot lot. Units are in the lease-up phase.Rents:#1029 $1,995(9.13.26), #1032 $1,795(3.7.27)other units estimated rent $1,745. MAXX PM is the required onsite management (7% of gross rents).Rare opportunity in one of the West Valley's fastest-growing communities. Buyer/Broker to verify all info. Listing Agent is the owner of the fourplex.

Listing Details MLS# 6896435

Location, Tax & Legal

House Number: 12570
Compass: N
Street Name: COTTON
St Suffix: Lane
City/Town Code: Surprise
State/Province: AZ
Zip Code: 85388
Zip4: 0032
County Code: Maricopa
Subdivision: HAYDEN FARMS
Assessor Number: 502-12-430
Tax Year: 2024
Unit #: 29-32
Assessor's Map #: 12
Legal Description (Abbrev): LOT 9 HAYDEN FARMS MCR 157626
Assessor's Parcel #: 430
Add'l Parcels: No
Tax Municipality: Surprise
Census Tract: 61031
Taxes: 322
Legal: LOT 9 HAYDEN FARMS MCR 157626
Marketing Name: Hayden Farms

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: .03
Year Built: 2025
Uncvrd Parking Spcs: 5
Total # of Units: 4
# of Buildings: Yes
Zoning: Residential
Flood Zone: No
Elementary School District: Dysart Unified District
High School District: Dysart Unified District
Elementary School: Dysart Middle School
Jr. High School: Dysart Middle School
High School: Dysart High School

Remarks Misc

Cross Street: Cotton and Cactus

Legal Info

Township: 3N
Range: 2W
Section: 14
Lot Number: 9

Income Expenses

Gross Annual Sch Inc: 88411
Net Operating Income: 63241

More Information

Showing Notification Methods

Showing Service: Aligned Showings

3 Bedrooms Units

# 3 Bedroom Units: 4
Avg Rent: 1720
Avg SqFt: 1621
# Baths: 12

Project Type

Four Plex: Yes

Construction

Wood Frame: Yes

Const - Finish

Stucco: Yes
Stone: Yes

Roofing

Composition: Yes

Floors

Carpet: Yes
Other: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Annual Mgmt Exp: 6189
Owner Association: Yes
Annual Ownr Asoc Fee: 11856
Operating Exp: 18367
Other Income: 6000
Vacancy Allowance: 0.03
Adjusted Gross Inc: 91578.67

Pmt & Rate Info

Cap Rate: 6.02
Equity: 1050000
Down Payment %: 25
Monthly Payments: 0
Total Owed: 0

Lockbox Type

None: Yes

Community Features

Pool: Yes
Manager Res/Office: Yes
Clubhouse: Yes

Heating

Central: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Exterior Amenities

Landscape Water System: Yes
Curb(s) & Gutter(s): Yes
Sidewalk(s): Yes

Interior Features

Unfurnished: Yes
Vertical Blinds: Yes

Tenant Pays

Gas: Yes
Water: Yes
Sewer: Yes
Electricity: Yes
Trash Collection: Yes

Appliances Included

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Refrigerator: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

Garage: Yes
Attached: Yes

Electric

City Electric: Yes

Gas

City Gas: Yes

Owner Pays

None: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
1031 Exchange: Yes

Special

Owner/Agent: Yes

Existing 1st Loan

Other (See Rmks): Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes

Environmental

None: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Stucco; Stone Roofing: Composition Floors: Carpet; Other Sale Includes: Land & Building Community Features: Pool; Manager Res/Office; Clubhouse Exterior Amenities: Landscape Water System; Curb(s) & Gutter(s); Sidewalk(s) Interior Features: Unfurnished; Vertical Blinds Appliances Included: Refrigerator; Dishwasher; Disposal; Microwave Heating: Central Cooling: Ceiling Fan(s); Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: City Electric Gas: City Gas Parking Features: Garage; Attached Road Surface Type: Asphalt Owner Pays: None Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection Source of Fincl Data: Owner Special: Owner/Agent Lockbox Type: None Existing 1st Loan: Other (See Rmks) New Financing: Cash; VA; Conventional; 1031 Exchange Environmental: None

Listing Office: Long Realty Unlimited

Last Updated: April - 07 - 2026

12570 N COTTON Lane 29-32, Surprise, AZ 85388 (MLS# 6896435)