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  • DESCRIPTION

    Sale includes 3 buildings with 3 addresses: 205, 217, 221 N Elm St. Renovated in 2018 and located directly next to Down Town Gilbert. For more information, see Offering Memorandum in documents tab. Includes more photos, T12 financials and current rent roll as of 5/2/22.

    KEY DETAILS
    • Price:
    • $4,250,000
    • Bedrooms:
    • 0
    • Full Baths:
    • 0
    • Square Footage:
    • n/a
    • Acreage:
    • n/a
    • Year Built:
    • 1972
    • MLS #:
    • 6396421
    • Street Address:
    • 205 N Elm St
    • City:
    • Gilbert
    • State:
    • AZ
    • Postal Code:
    • 85234
    • County:
    • Maricopa
    • Subdivision:
    • Gilbert
    • Listing Status:
    • For Sale - Active

    Building

    • Construction Description:
    • Brick, Frame - Wood
    • Exterior Features:
    • Cable Tv Available, Green Landscaping, Partially Fenced
    • Flooring:
    • Vinyl
    • Interior Features:
    • Fire/Smoke Alarm(s), Mini Blinds, Unfurnished
    • Number Of Units:
    • 12.00
    • Siding:
    • Painted
    • Type Of Roof:
    • Comp Shingle
    • Year Built:
    • 1972

    Business

    • Adjusted Gross Income:
    • 216518.40
    • Net Operating Income:
    • 175127.23
    • Operating Expense:
    • 1314.00

    Land

    • Conforms To Zoning:
    • Ra3

    Listing

    • Community Features:
    • No Pool
    • Included In Sale:
    • Land & Building, Personal Property
    • Terms:
    • 1031 Exchange, Conventional

    Money

    • Owner Pays:
    • Gas, Landscaping, Sewer, Trash Collection, Water
    • Property Taxes:
    • $1,314
    • Tenant Pays:
    • Cable Tv, Electric

    Structures

    • Parking Description:
    • 1 Space/Unit, Paved Parking
    • Parking Spaces:
    • 12.00

    Systems

    • Appliances:
    • Dishwasher, Disposal, F/S Oven/Range, Microwave, Refrigerator, W/D Hookup, Washer/Dryer
    • Cooling System:
    • Ceiling Fan(s), Electric
    • Electricity:
    • Aps
    • Existing Water:
    • City Franchise, Master Meter
    • Gas:
    • Master Meter, Sw Gas
    • Heating:
    • Electric, Individual
    • Sewage Type:
    • Sewer - Public

    Source

    • Listings Provided by June Street Advisors

      ARMLS
    REQUEST SHOWING
    SCHOOL RATINGS
    n/a

    HOUSTON ELEMENTARY SCHOOL
    Elementary School
    Public

    n/a

    GILBERT JUNIOR HIGH SCHOOL
    Junior High School
    Public

    n/a

    GILBERT HIGH SCHOOL
    High School
    Public

    NOTES

    No notes have been added for this home.

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    SCORECARD

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    CONS
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