Reflection is a Luxury 4 home townhome development offering an investor diverse options of ownership and divestment: operate as a multifamily conventional rental project, luxury AirBNB, or divest as single sale townhomes to owner-occupiers. Each home offers up to 4 bedrooms with den and range in size from 2648 sf to 2856sf. Stunning appointments include Hardwood flooring , 10ft ceilings , Gourmet kitchens with 36 inch Jennair Gas range , Large quartz islands, Multi side doors to ground floor patios and large viewing decks off primary bedrooms. Each home also has a bedroom and full bath on the ground floor as well and dual HVAC systems, Tankless Gas HW and EV prepared outlet in each garage . Primary Bath has free standing tub and oversized shower. Yards are generous and private .
- Price:
- $3,785,000
- Year Built:
- 2023
- Listing ID #:
- 6487558
- Street Address:
- 1625 E Lamar Rd
- City:
- Phoenix
- State:
- Arizona
- Postal Code:
- 85016
- County:
- Maricopa
- Subdivision:
- Lamar Townhomes
- Listing Status:
- Under Contract-Backups
- Listing Type:
- ResidentialMultiFamily
9-12
2405 students
15 student/teacher
- Construction Description:
- Frame - Wood
- Exterior Features:
- Desert Landscaping, Fenced, Patio/Balcony
- Flooring:
- Ceramic Tile, Wood
- Interior Features:
- Breakfast Bar, Fire/Smoke Alarm(s), Mini Blinds, Other (see Remarks), Unfurnished
- Number Of Units:
- 4.00
- Siding:
- Painted, Siding, Stucco
- Type Of Roof:
- Foam
- Year Built:
- 2023
- Adjusted Gross Income:
- 240000.00
- Net Operating Income:
- 216600.00
- Operating Expense:
- 4369.00
- Conforms To Zoning:
- R3
- Community Features:
- No Pool, Other
- Contingency Type:
- Ucb (under Contract-Backups)
- Included In Sale:
- Land & Building
- Terms:
- Conventional
- Owner Pays:
- Landscaping, Other, Sewer
- Property Taxes:
- $4,369
- Tenant Pays:
- Cable Tv, Electric, Gas, Trash, Water
- Covered Parking Spaces:
- 8.00
- Parking Description:
- >1 Space Per Unit, Attached, Auto Door Opener, Garage, Street Parking
- Parking Spaces:
- 8.00
- Appliances:
- Dishwasher, Disposal, F/S Oven/Range, Microwave, Refrigerator, W/D Hookup
- Cooling System:
- 2 Or More Units, Ceiling Fan(s), Central A/C, Electric, Heat Pump
- Electricity:
- Aps, Individual Meter
- Existing Water:
- City Franchise, Individual Meter
- Gas:
- Individual Meter, Sw Gas
- Heating:
- 2 Or More Units, Central, Electric, Individual
- Sewage Type:
- Sewer - Public, Sewer-In & Connected
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Craig Young with REI Marketing
