7338 N 43rd Avenue, Glendale, AZ 85301 - MLS #6899094

images$4,300,000 images******** Beds

images******** Bath images1983

imagesActive

icon Ask a Question

Description

Concept at 43rd Ave is a 20-unit townhome community located southwest of the intersection of 43rd & Orangewood Avenues offering immediate mobility through the adjacent Interstate 17 (I- 17) as a connection point to navigate the boundless lifestyle and economic opportunities of the west Valley. The property is presented with access to a strong employment landscape led by ±412,100 total employees within a ten-mile radius across employment corridors featuring tenants such as USAA, American Express, Banner Health, U-Haul, Amazon, and Blue Cross Blue Shield as well as numerous awarding-winning healthcare facilities, Banner University Medical Center.

Supplements: The property also provides close proximity to a number of west Valley mainstays ranging from Westgate Entertainment District to several Spring Training facilities as well as a number of outstanding higher academic campus, including Grand Canyon University & Arizona State University West Campus. Developed in 1983, Concept at 43rd Ave is entirely comprised of two-bedroom townhome floorplans, each covering 920 square feet and an attached two-car garage. Future ownership will have the opportunity to upgrade the remaining 19 classic interiors with an associated renovation premium of $300 per month.

Property Features
Project Type: 13 - 24 Units
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Composition; Tile
Floors: Vinyl; Carpet
Sale Includes: Building(s) Only
Community Features: Pool
Exterior Amenities: Green Landscaping
Interior Features: Unfurnished
Appliances Included: Refrigerator; Dishwasher; Microwave; Washer/Dryer
Heating: Individual
Cooling: Individual
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Parking Features: >1 Space Per Unit
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity
Source of Fincl Data: Owner
Lockbox Type: None
New Financing: Cash; Conventional
Environmental: None
Contract Info
Current Price: $4,300,000
List Price: $4,300,000
Status: Active
List Date: 2025-07-30
Ownership: Fee Simple
Location Tax Legal
House Number: 7338
Compass: N
Street Name: 43rd
St Suffix: Avenue
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85301
County Code: Maricopa
Assessor Number: 147-07-017
Tax Year: 2025
General Property Description
Lot Size Dimensions: 18400
Year Built: 1983
Uncvrd Parking Spcs: 42
Total # of Units: 20
# of Buildings: 13
Zoning: R-3
Remarks Misc
Geo Lat: 33.544461
Geo Lon: -112.151728
Legal Info
Lot Number: 14
Income Expenses
Gross Annual Sch Inc: 349200
Net Operating Income: 226399
Showing Notification Methods
Showing Service: Aligned Showings
2 Bedroom Units
# 2 Bedroom Units: 20
Avg Rent: 1372
Avg SqFt: 920
# Baths: 30