205 S Beeline Highway, Payson, AZ 85541 (MLS# 2513099)

$4,250,000

205 S Beeline Highway
Payson, AZ 85541
MLS# 2513099
Status: Closed
41219 sqft

Property Description
PAYSON PLAZA IS A MULTI-TENANT RETAIL SHOPPING CENTER COMPRISED OF A FREESTANDING KFC & IN-LINE SHOP SPACE THAT INCLUDES FAMILY DOLLAR,BEALLS OUTLET, DOMINO’S & FAMOUS SAMS

Details

Address Information

Street #: 205

Direction: S

Street Name: Beeline

Suffix: Highway

State/Province: AZ

Zip Code: 85541

County: Gila

Country: USA

Location, Tax & Legal

Tax Code: NEW OR UNDER CONSTRUCTION

Tax Year: 2004

Taxes: 34150

Legal Description: LOTS 72, 85,& 86 OF MOGOLLON RIM EXCEPT A PART OF LOT 86

Area: Gila

Municipality/Zoning: Other – CB2

Fire Protection: Included in Taxes

Contract Information

Current Price: $4,250,000

Sold Price: $4,250,000

Listing Date: 2005-05-15

Status: Closed

Co-Op Fee: 2%

Status Change Info

Off Market Date: 2005-10-24

Pending Date: 2005-06-03

Sold Date: 2005-10-24

Sold Price: $4,250,000

Sold Price/SqFt: 103.1

Lot Sz Sold Prc/SqFt: 34.11

Financing: Conventional

Showing Information

Directions: PAYSON , AZ

General Property Information

# Units: 9

Year Built: 1996

Lot Dimensions: 200 X 600

Lot Acres: 2.86

Lot Sqft: 124582

Lot Size Source: Owner

Combined SqFt: 41219

Source of SqFt: Owner

List Price/SqFt: 105.53

Lot Size Price/SqFt: 34.91

Income

Gross Scheduled Rent: 424509

Adjusted Gross: 424509

Total Expenses: 89408

Net Opp Income: 335101

Analysis

Cap Rate %: 7.7

Gross Rent Multi: 10.24

Exp/SqFt: 2.16

Exp % of Gross: 21.06

Expenses

Figures Presented: Actual

Gas/Electric: 5062

Insurance: 11172

Management: 11599

Taxes/Assessments: 34150

Water/Sewer: 4348

Other Expenses: 23077

Property Features

A.D.A. Compliant: Yes

Phase 1 Report: Yes

Electric

3 Phase Power: Yes

Master Meter: No

Property Features

Expenses: CAM in Rent

Construction: Masonry Stucco

Main Cooling: Central Air; Evaporative Cooling; Zoned

Main Heating: Other

Sewer: Connected

Terms: Cash; Submit

Property Disclosures: Unknown

Listing Office: Advisors in Real Estate, Inc.

Last Updated: June – 18 – 2019

205 S Beeline Highway, Payson, AZ 85541 - MLS# 2513099

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