480-442-0779

47817 E HIGHWAY 288 Highway, Young, AZ 85554 (MLS# 5791830)

47817 E HIGHWAY 288 Highway, Young, AZ 85554

$239,000
Property Type: Comm/Industry Sale Square Footage: 4,645 Lot Size (sq. ft.): 16,553 Status: Closed
Current Price: $222,000 List Date: 7/11/2018 Last Modified: 8/06/2021

Description

Successful auto parts business and building located in the center of the town of Young, Az on highway 288. Gross annual sales of +/- $200,000 and net income of +/- $35,000. There is an attached 3 bedroom 1 bath apartment with living area and full kitchen. Sales price does not include inventory.

More Information MLS# 5791830

Contract Info

Current Price: $222,000 Sold Price: $222,000 Status: Closed List Date: 2018-07-01 Ownership: Fee Simple Buyer/Broker: Y Buyer Broker $/%: %

Location, Tax & Legal

Map Code/Grid: C71 House Number: 47817 Compass: E Street Name: HIGHWAY 288 St Suffix: Highway City/Town Code: Young State/Province: AZ Zip Code: 85554 Country: USA County Code: Gila Legal Description (Abbrev): PT SEC 30 T9N R14E; COMM AT NE COR SEC 30; TH N 89-46-20 W 2128.2 8'; TH S 00-04-50 E 47.06' TO POB; Assessor's Map #: 24 Assessor's Parcel #: 7 Assessor Parcel Ltr: L Add'l Parcels: No Assessor Number: 305-24-007-L Census Tract: 700 Legal: PT SEC 30 T9N R14E; COMM AT NE COR SEC 30; TH N 89-46-20 W 2128.2 8'; TH S 00-04-50 E 47.06' TO POB; Tax Municipality: Gila - COUNTY Taxes: 2017 Tax Year: 1676 Marketing Name: Pleasant Valley Auto Part

General Property Description

Ttl Apx SqFt Bldg: 4645 # of Buildings: 2 Year Built: 1965 Uncvrd Parking Spcs: 6 Zoning: None

Remarks & Misc

Cross Street: Hwy 288 Directions: Pleasant Valley Auto Parts is located in the center of the town of Young. Geo Lat: 34.101008 Geo Lon: -110.949196

Status Change Info

Status Change Date: 2021-07-02 Off Market Date: 2021-05-13 Under Contract Date: 2021-05-04 Close of Escrow Date: 2021-07-01 Sold Price: $222,000

Legal Info

Township: 09N Range: 14E Section: 30 Lot Number: 3

Income & Expenses

Annual Elec Exp: 1260 Annual Legal & Acctg: 1894 Annual Maint Exp: 1450 Annual Trash Exp: 240 Owner Association: Yes Annual Ownr Asoc Fee: 1200 Annual Other Expense: 946 Operating Exp: 9007 Gross Annual Sch Inc: 65606 Other Income: 4200 Adjusted Gross Inc: 69806 Net Operating Income: 63406

Pmt & Rate Info

Down Payment: 200000 Cap Rate: 18.7 Equity: 339000

Contact Info

List Agent Home Phn: 928-462-2878

Sold Info

Loan Type: Carryback Loan Years: 5 Payment Type: Balloon Clsing Cost Split: Normal - N Buyer Concession $/%: $ Seller Concession $/%: $

Property Features

Building Type: Commercial; Other (See Remarks) Current Use: Mixed Use; Recreational; Mini-Storage; Retail Stories: 1 Story Construction: Frame - Wood Roofing: Metal Floors: Concrete; Wood Ceiling Height: 8.1 Feet to 10 Feet; 10.1 Feet to 12 Feet Heating: Natural Gas; Other; See Remarks Cooling: Warehouse Evap Loading Facilities: None Interior: Finished; Private Restrooms Exterior: Building Sign Fencing: None Parking: Free; Paved Parking Electric: APS Gas: Propane Bottled Water: Domestic Well Sewer: Septic Tank Freeway/Highway: Frontage Showing Notification Methods: Phone Call Lockbox Type: None Source of Fincl Data: Provided by Owner Existing 1st Loan: Treat as Free&Clear Existing 1st Ln Type: Not Applicable Existing 1st Ln Trms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Ln Type: Not Applicable Existing 2nd Ln Trms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Ln Type: Not Applicable Existing 3rd Ln Trms: Not Applicable Existing Othr Ln Trm: Not Applicable Roads/Streets: Asphalt Reports/Disclosures: None Environmental: None
Listing Office: Waite's Country Realty
Last Updated: August - 06 - 2021
47817 E HIGHWAY 288 Highway, Young, AZ 85554- MLS# 5791830
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