Active

7320 E Belleview Street

Scottsdale AZ, 85257

$6,100,000


Active

Other

Built in 1960

Bella Villas is a 21-unit garden style community located one block southeast of Scottsdale Rd & McDowell and is adjacent to SkySong, the ASU Scottsdale Innovation Center. The seller's existing first position debt is available for assumption upon approval from the lender. The property uniquely offers both townhome style (two-story) and patio-home style (one-story) units with each unit possessing its own tax parcel number allowing for individual consumer sales as a possible exit strategy for the future owner. Twenty of the units are two-bedroom floorplans and the remaining unit is a one-bedroom floorplan. The townhome units enjoy private backyards and second story balconies. The patio-home units enjoy private front patios and private backyards. Thirteen of the units have been recently renovated with modern interiors and include shaker cabinets, quartz countertops, stainless steel appliance packages, wood plank vinyl flooring, new fans, faucets, fixtures, remodeled bathrooms and in-suite laundry. Each unit is individually metered for electricity and enjoys its own water heater. Tenants enjoy covered parking, resort style swimming pool and a community laundry facility is also available. Assumable debt is available. Bella Villas is conveniently located near Old Town Scottsdale, Fashion Square Mall, and enjoys easy access to the 101 and 202 Freeways and is just a short drive to Sky Harbor International Airport, the
Arizona State University Main Campus (ranked most innovative University in the U.S.), the Marina Heights (the largest office development in Arizona history) and the Novus Innovation Corridor both located in north Tempe adjacent to Arizona State University. The property is 100% leased.

6640573

MLS ID

December 14, 2023

Listed

May 9, 2024

Updated

Map

7320 E Belleview Street
Scottsdale AZ, 85257

Interior Features

Floor Description

Other


Fireplace

No


Cooling

Yes


Cooling Description

Electric, Ceiling Fan(s)


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Roof

See Remarks


Sewer

Public Sewer

School Information

School District

Scottsdale Unified District

Other Property Details

Taxes

$5,364


Tax Frequency

Annually


Days on Market

96


Garage

No


Parking

1 Space Per Unit


Parking Total

27


View

No


County

Maricopa


Water Source

City Franchise


Pool

No


Zoning

R-5


Buyer Agency Compensation

1%

Listing History

Date

Event

Price

5/6/2024

Active

3/19/2024

Pending

Courtesy of Munroe Multifamily, Royce S Munroe

Listing Contact: 480-221-5449 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jen Sheedy shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data Last Updated: 1:12 AM UTC, 5/9/2024.

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