Multi-Family•Low-Rise/Garden•For Sale


4850 S White Mountain Road, Show Low, Arizona 85901

Sale Price $3,750,000
Sale Type Investment
Zoning Municipal
Bldg Type Multi-Tenant
Class B
Status Existing
Year Built 2000
Stories 2
Annual Taxes $28,820.12
Gross Bldg 35,090 SqFt
Land Area 3.4 Acres
Project Size 36
Improvements Panoramic 20-mile mountain view of the White Mountains in Northern Arizona. 36-Unit Multifamily property in one of the fastest growing Northern Arizona mountain areas. 2x6 Frame construction on sprit face concrete block garages 2 Inch lightweight concrete base on second floors. Interior steel stud walls Units are R-23 insulated between all exterior and bedroom walls and R-38 insulation in ceilings.
Sub-Market Show Low
Legal Descr Section 4,T9N,R22E:Beg W4 Cor Sec 4;Th S89Dg15'4 E 140.15'Tpob; Th S89Dg15'4 E 973.9';Th S22Dg14'20 E 214.7'; Th N88Dg44'30 W 374.38';Th N89Dg15'4 W 584.74'; Th N32Dg4'30 W 61.29';Th Alg Curve Concave To Right (R-553.26')157.74'Tpobexcept Ely 200' Less: 0.50 Ac To 124F Per (2001-4690) Out Of 212-03-124C For2002Roll
**RECENT PRICE REDUCTION** Rare Opportunity to Acquire a Market-Rate Property in an Area Comprised Mainly of Affordable Housing. Mountain Top Village is located in Show Low, AZ at Highway 260 and South Mountain Top Road. This beautiful property is situated close to Rainbow Lake and is only +/- 39 miles to Sunrise Park Resort. With Mountain Top Village located in the White Mountains, outdoor enthusiasts have convenient access to hiking, fishing, boating, hunting, bird watching, swimming, and more. This property is also located across the street from Summit Healthcare Regional Medical Center and the Wal-Mart Superstore Center.
  • Built 2000
  • Great Unit Mix (1, 2, & 3 BR)
  • 36 Units / 994 SF Avg. Unit Size
  • All Units Individually Metered with Individual Split AC Systems
  • Spacious Floor Plans with Handicap Accessible / Convertible Units
  • Natural Oak Cabinetry in Kitchen and Upgraded Whirlpool Appliances
  • Full-Size Washer & Dryer in Each Unit
  • 30 Private Garages
  • Cable Ready
  • Directly Across the Street from Summit Healthcare Reginal Medical Center, and Walking Distance to Walmart Super-Center, Lowes, and Home Depot
3/2/2020 5:07:53 PM 3/23/2020 11:15:30 PM


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