Young Realty

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


$239,000
47817 E HIGHWAY 288 Highway
Young, AZ 85554
MLS# 5791830
Status: Closed



47817 E HIGHWAY 288 Highway, Young, AZ 85554
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47817 E HIGHWAY 288 Highway, Young, AZ 85554 47817 E HIGHWAY 288 Highway, Young, AZ 85554 47817 E HIGHWAY 288 Highway, Young, AZ 85554 47817 E HIGHWAY 288 Highway, Young, AZ 85554 47817 E HIGHWAY 288 Highway, Young, AZ 85554 47817 E HIGHWAY 288 Highway, Young, AZ 85554 47817 E HIGHWAY 288 Highway, Young, AZ 85554 47817 E HIGHWAY 288 Highway, Young, AZ 85554 47817 E HIGHWAY 288 Highway, Young, AZ 85554 47817 E HIGHWAY 288 Highway, Young, AZ 85554

Property 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.

Details
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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