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Sold on 12/19/2018

153 N Ocotillo Dr, Apache Junction, AZ 85120

  • $462,000

    Last sold 12/19/2018 after 44 Days

  • 18

    bed

  • 16

    bath

Multi-family not for sale
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About 153 N Ocotillo Dr

Property type Multi-family
Year built 1950
HOA fee $0/month
Property description
Current bid: $385,000. Owner occupied gated mobile home park has 16 rental units (owned by park). Cash cow. Current gross annual income is approx. $90,000 with approx. $75,500 net operating income. Owner's house will yield an additional $800+/-/mo. 211 n ocotillo dr also included with this sale. Tenants are all month-to-month. Nice, quiet mobile home park with mature trees, coin-op laundry/vending room, and office. Walking distance to wal-mart, starbucks, safeway. *must go to auction.
Listed by
Listing Agent - R Carl Cunningham
Listing Office - My Home Group Real Estate
Source: ARMLS mls logo
MLS#5845886 • last updated 2 years ago
Movoto checked ARMLS for data 2 minutes ago
Overview
Cooling/AC Electric
Heating Electric
MLS # 5845886
Type Multiple Dwellings
Status Closed
Property Tax 2423
Year Built 1950
Interior
Flooring Ceramic Tile, Vinyl
Appliances Dishwasher, Washer/Dryer
Exterior
Roof Foam, Metal, Rolled/Hot Mop
Construction Wood Frame, Siding, Painted
Parking Paved, Free
# of Covered Spaces 8
Amenities / Utilities
Water Source Individual Meter, Master Meter, City Franchise
Sewer/Septic Sewer-In & Connected, Public Sewer
Location
Subdivision CAYTON SUBDIVISION
Community Features No Pool
Elementary School Superstition Mountain Elementary School
Elementary School District Apache Junction Unified District
Middle School Superstition Mountain Elementary School
High School District Apache Junction Unified District
High School Apache Junction High School
APN 101-03-006
Zoning GR
Directions FROM US 60 GO EAST TO SIGNAL BUTTE. NORTH ON SIGNAL BUTTE TO MAIN STREET (APACHE TRAIL). EAST ON APACHE TRAIL 1.68 MILES TO OCOTILLO. GO NORTH ON OCOTILLO TO SUBJECT PROPERTY ON EAST SIDE OF STREET
Multifamily Details
Total # of Units 16
Expense: Operating 13863
Financial Data Source Owner
Expense: Maintenance 2500
Vacancy Allowance 94
Expense: Insurance 2000
Net Operating Income 74500
Gross Income 8416500
Expense: Trash 840
Expense: Water/Sewer 3600
Gross Scheduled Income 90000
Expense: Gardener 2500
We are not permitted to show value estimates for this property.
  • Dec 2018
    mls logo MLS # 5845886
  • Dec 19, 2018 Sold
    $462,000 (+20.0%)
  • Nov 5, 2018 Listed
    $385,000
  • 153 N Ocotillo Dr
    $462K
  • —
  • 85120
    $486K 0% y/y
  • Apache Junction
    $479K 0% y/y
No chart available
Statistics calculated by Movoto

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3/10
Four Peaks Elementary School
public Grades PK, K-5
Apache Junction Unified District
2/10
Apache Junction High School
public Grades 9-12
Apache Junction Unified District
Source: GreatSchools.org © 2026. All rights reserved.

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