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    6847 E 4TH Street

    Scottsdale, AZ 85251
    • $3,750,000
    • STATUS: Pending
    • ON SITE: 22 days
    • MLS #: 6129168
    Pending
    UPDATED: 146 min ago
    $3,750,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:
    Area:

    School Ratings & Info

    Description

    The Capri is a 13-unit, condo-mapped, garden-style apartment community locatedin Scottsdale, Arizona. Constructed in 1959 with reinforced concrete block, theCapri enjoys all the charm and flair of mid-century modern architecture. The unitshave undergone modern renovations which include white shaker cabinets, solidsurface countertops, stainless-steel appliances, and wood plank vinyl flooring. There are (8) one-bedroom / one-bathroom units, (1) two-bedroom / one-bathroomunit, and (4) two-bedroom / two-bathroom units, all individually metered forelectricity. Each unit enjoys walk-out balconies and patios overlooking thecommunity swimming pool and views of Camelback Mountain.Tenant amenities also include a community putting green, patio with BBQ, and covered parking. Capri is in excellent condition with newer air conditioners, roofs, asphalt, water heaters, water lines, and dual pane windows. Located on a quiet cul-de-sac and walking distance from Old Town Scottsdale, Capri offers a perfect location for both short-term visitors and traditional residents. Capri also enjoys proximity to Scottsdale Fashion Square Mall and the Scottsdale Waterfront. Both shopping centers offer a vast selection of high-end stores, boutiques, restaurants, and cafes including Neiman Marcus, Macy's, Juicy Couture, Gucci, P.F. Chang's, Kona Grill, Creamistry, and Press Coffee. Capri is centrally located providing quick access to Phoenix Sky Harbor International Airport, Downtown Phoenix, and Arizona State University in Tempe.

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    © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Maison DeBlanc Real Estate. Data last updated 2020-10-01T00:12:01.027.
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    6847 E 4TH Street Scottsdale, AZ 85251

    • Price: $3,750,000
    • Status: Pending
    • Updated: 146 min ago
    • MLS #: 6129168
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1959
    Built
    Neighborhood:
    Capri Condominium
    County:
    Maricopa
    Area:
    Scottsdale
    School District:
    048 - Scottsdale Unified District
    Property Description
    The Capri is a 13-unit, condo-mapped, garden-style apartment community locatedin Scottsdale, Arizona. Constructed in 1959 with reinforced concrete block, theCapri enjoys all the charm and flair of mid-century modern architecture. The unitshave undergone modern renovations which include white shaker cabinets, solidsurface countertops, stainless-steel appliances, and wood plank vinyl flooring. There are (8) one-bedroom / one-bathroom units, (1) two-bedroom / one-bathroomunit, and (4) two-bedroom / two-bathroom units, all individually metered forelectricity. Each unit enjoys walk-out balconies and patios overlooking thecommunity swimming pool and views of Camelback Mountain.Tenant amenities also include a community putting green, patio with BBQ, and covered parking. Capri is in excellent condition with newer air conditioners, roofs, asphalt, water heaters, water lines, and dual pane windows. Located on a quiet cul-de-sac and walking distance from Old Town Scottsdale, Capri offers a perfect location for both short-term visitors and traditional residents. Capri also enjoys proximity to Scottsdale Fashion Square Mall and the Scottsdale Waterfront. Both shopping centers offer a vast selection of high-end stores, boutiques, restaurants, and cafes including Neiman Marcus, Macy's, Juicy Couture, Gucci, P.F. Chang's, Kona Grill, Creamistry, and Press Coffee. Capri is centrally located providing quick access to Phoenix Sky Harbor International Airport, Downtown Phoenix, and Arizona State University in Tempe.
    Exterior Features

    Construction Block Construction Finish PaintedStucco Covered Parking Spaces 10.00 Exterior Amenities Cable Tv AvailableDesert LandscapingFencedLandscape Wtr SystemPatio/BalconySecurity Light(S)Separate Storage Lot Size Dimensions Unknown Parking Carport Roads Asphalt Roofing Other (See Remarks)

    Interior Features

    1 Bedroom Unit Avg Sq Ft 687 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 1000 2 Bedroom Units Baths 2 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included DishwasherDisposalF/S Oven/RangeMicrowaveOther (See Remarks)Refrigerator Cooling Electric RefrigeratdIndividual Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Concrete Heating ElectricIndividual

    Property Features

    1 Bedroom Unit Avg Rent 1400.00 1 Bedroom Units 8 2 Bedroom Unit Avg Rent 1720.00 2 Bedroom Units 5 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 976400.00 Annual Elec Exp 1800.00 Annual Gas Exp 0.00 Annual Ins Exp 2600.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 1500.00 Annual Legal And Acctg 0.00 Annual Maint Exp 4550.00 Annual Mgmt Exp 11611.00 Annual Other Expense 4225.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 2600.00 Annual Trash Exp 1.00 Annual Wtr Swr Exp 7300.00 Community Amenities Barbecue Area(S)Golf/Putting GreenOther (See Remarks)Pool(S) Cross Street Scottsdale Rd. & Indian School Rd. Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Other (See Remarks) Gas Other (See Remarks) Gross Annual Sch Inc 237600.00 Hoa YN No Net Operating Income 187345.00 New Financing 1031 ExchangeConventionalOther (See Remarks) Operating Exp 43451.00 Other Income 6500.00 Owner Pays LandscapingOtherPool/Spa MaintenanceSewerTrash CollectionWater Project Type 13 - 24 Units Sale Includes Other (See Remarks) Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Scottsdale Taxes 7264.00 Tenant Pays Cable TvElectric Vacancy Allowance 5.00 Water City Franchise Zoning R-5

    Listing courtesy of Abi Multifamily.


    © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Maison DeBlanc Real Estate. Data last updated 2020-10-01T00:12:01.027.
     
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    8360 E Raintree Dr.
    Scottsdale AZ, 85260