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Buy landat 20405 N Estrella Parkway Unit -, Maricopa, AZ 85139

$8,500,000

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Land

13.47 Acres lot

515 Days on market

6493642 MLS ID

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About 20405 N Estrella Parkway Unit - land

Nearly completed rezoning and fully approved construction drawings for a 195 unit garden style apartment complex development with 70+ garages, a pool, pet amenities, and a clubhouse. Expected full approval in the second Quarter of 2023. DRB review scheduled for 5/8/23. The city has abandoned approx. 3 acres that are becoming part of this project. This should provide some additional drainage, but no additional units. 13.47 Gross acres, 10.47 Net acres. Max density 20 units/acre, proposed density 19.17 units/acre. 78, 1 bedroom units, 99, 2 bedroom units, and 18, 3 bedroom units. 14 garage buildings with 5 spaces per building for 70 rentable garage spaces, 399 total parking spaces.
Nearly completed rezoning and fully approved construction drawings for a 195 unit garden style apartment complex development with 70+ garages, a pool, pet amenities, and a clubhouse. Expected full approval in the second Quarter of 2023. DRB review scheduled for 5/8/23. The city has abandoned approx. 3 acres that are becoming part of this project. This should provide some additional drainage, but no additional units. 13.47 Gross acres, 10.47 Net acres. Max density 20 units/acre, proposed density 19.17 units/acre. 78, 1 bedroom units, 99, 2 bedroom units, and 18, 3 bedroom units. 14 garage buildings with 5 spaces per building for 70 rentable garage spaces, 399 total parking spaces.

Property details

Listing

Source: Arizona Regional MLS

For sale or lease?: Sale

Cash

Conventional

CTL

No Carry

SBA

Location

City/Town: Maricopa

County: Pinal

Subdivision: Amended Final Plat Of Estrella Gin Business Park 2019073078

Property

Property type: C

Zoning: Apartments

Bsns/Ind/Rsrch Prk

Multi-Family

Other (See Rmks)

Off Site Imp Needed

On Site Imp Needed

Other

Plans Available

Plans Included

Raw Land

See Remarks

Subdivision Plat Apv

Multi-Family

Other (See Rmks)

Lot

Dimensions: IRR

13.47 acres

Gated Community

See Remarks

10.00 - 19.99 Acres

Utilities

Private Franchise

See Remarks

Other (See Rmks)

Other (See Rmks)

SW Gas

Other (See Remarks)

Sewer - Public

Taxes

Taxes: $24,120

Year: 2022

Municipality: Maricopa - CITY

Miscellaneous

Owner/Agent

Monthly cost

Estimated monthly cost

$53,457/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$7,990,000

+$255,000

$8,245,000

Seller agent commission$255,000 (3%)*

$0 (0%)

Buyer agent commission$255,000 (3%)*

$255,000 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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Unreal Estate checked: Aug 8, 2023 at 4:31 p.m.

Data updated: Apr 7, 2023 at 6:06 p.m.

Courtesy of eXp Realty
This content last updated on 04/07/2023. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Listing Information © 2024 Arizona Regional Multiple Listing Service, Inc.

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