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Shane M. Cook · eXp Realty

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Active Under Contract

Buy landat 20405 N Estrella Parkway 2, Maricopa, AZ 85139

$6,250,000

$0/mo

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Land

10.19 Acres lot

695 Days on market

6493642 MLS ID

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About 20405 N Estrella Parkway 2 land

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.
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

Community features

Gated

Development status

Other

See Remarks

Raw Land

Lock box type

None

Lot features

See Remarks

Possible use

Multi-Family

Sewer

Other

Public Sewer

Monthly cost

Estimated monthly cost

$39,307/mo

All calculations are estimates and provided by Unreal Estate, Inc. 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$5,875,000

+$187,500

$6,062,500

Seller agent commission$187,500 (3%)*

$0 (0%)

Buyer agent commission$187,500 (3%)*

$187,500 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

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Unreal Estate checked: Sep 10, 2024 at 6:30 a.m.

Data updated: Sep 9, 2024 at 3:59 p.m.

Courtesy of eXp Realty
This content last updated on 09/09/2024. 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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