2332 W Broadway Avenue Unit -, Apache Junction, AZ 85120

$995,000

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List Price
$995,000
Price Change
▼ $355,000 1789025169
Days on Market
111
Status
ACTIVE
MLS#
7032436
City
Apache Junction
Lot Size
62,029

Property Description

MAJOR PRICE REDUCTION - Priced to sell at $995,000, just reduced by $335,000. Prime 1.42 acres of fully entitled, engineering-complete, plan-approved, shovel ready multifamily housing land. Designed for 15 two-story duplexes, total 30 rental units, 2BR, 2BA, 816 SF each. CPU approved, architecture and civil engineering done. City has reviewed and approved the plans through 3 formal rounds. An opportunity for the Buyer to begin to work in on day 1 and begin the process of pulling permits, w/o spending time and money on entitlement work and city approvals. Flexible terms: sell, trade or exchange. Seller can add 34 newly built rental units in Glendale. NOTE: All info, plans, property data, and designs are not guaranteed by Seller or Broker and to be verified by Buyer before close of escr

Additional Information

Acres
1.42
Electric
City Electric
Fencing
None
Lot Size
62,029
New Financing
Cash, Cash to Loan, Conventional, Owner May Carry, 1031 Exchange, Trade
Lot Features
Dual Street Ftg
Sewer
Sewer - Available
Taxes
$1,333
Tax Year
2025
Water
City Franchise
Zoning
B-1

Courtesy of Keller Williams Arizona Realty. 480-767-3000

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