$4,300,000 7301 E Minnezona Avenue Scottsdale, AZ

MLS: 5758043   Type: Multi-Family   County: Maricopa   City: Scottsdale   Neighborhood: Mz Townhomes Condominium   Zip: 85251     Taxes: $15,793

Mortgage $20,188 /mo



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MZ is the first Net Zero Energy-certified multifamily project in Arizona and one of the first in the United States. It features eight attached residences in the heart of Downtown Scottsdale. Located just steps away from top upscale restaurants, art galleries, nightclubs, spas, and shopping districts and Spring Training destinations, MZ is an architectural treasure revolutionizing the real estate market in Scottsdale. These modern and luxurious residences combine energy efficiency, innovative materials, renewable resources, and green technology to set the new standard for smart living. In-place condo-map provides an investor with the unique opportunity to acquire a best in class asset with tremendous upside potential through individual unit sales. IDEAL FOR A 1031 EXCHANGE.

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Price History

4/27/2018 Listed $4,300,000

1 Bedroom Units: Avg Rent 2100.00
2 Bedroom Units: Avg Rent 2710.00
3 Bedrooms Units: Avg Rent 0.00
3 Bedrooms Units: Avg Sqft 0
4 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Sqft 0
Construction Block, Frame - Metal
Listing Status Active
Net Income 206934.00
New Financing Conventional, No Carry, 1031 Exchange
Owner Pays Water, Landscaping, Trash, Electric, Sewer
Property Type F
Public Remarks
School District 048 - Scottsdale Unified District
Tenant Pays Electric, Cable TV
Type ER
Year Built 2014
Zoning R-5, Scottsdale

Interior Features

1 Bedroom Units: # 1 Bedroom Units 1
1 Bedroom Units: # Baths 15
1 Bedroom Units: Avg Sqft 866
2 Bedroom Units: # 2 Bedroom Units 7
2 Bedroom Units: # Baths 25
2 Bedroom Units: Avg Sqft 1228
3 Bedrooms Units: # 3 Bedroom Units 0
3 Bedrooms Units: # Baths 0
4 Bedrooms Units: # 4 Bedroom Units 0
4 Bedrooms Units: # Baths 0
Appliances Included F/S Oven/Range, Washer/Dryer, Microwave, Disposal, Refrigerator
Cooling Electric Refrigeratd, 2 or More Units, Individual
Electric Individual Meter, SRP
Floors Concrete, Ceramic Tile, Carpet
Gas None
Heating 2 or More Units, Ceiling Fan(s), Individual, Electric
Total Number of Units 8.00

Exterior Features

Complex Features No Pool
Const - Finish Stucco, Siding
Covered Parking Spcs 17.00
Lot Size Dimensions IRR
Parking Garage, Attached, >1 Space Per Unit
Roof Foam
Sewer Sewer - Public, Sewer-In & Connected
Total Parking Spcs 17.00
Water City Franchise

Property Schools

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Gallery (17 photos)

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Property vs Zip Code Avg (85251)

Price 4.30M Avg 2.16M

Sqr Feet 9,462 Avg 5,605

Cost / Sqr Ft $454 Avg $386

Taxes $15,793 Avg $4,503

Visits 68 Avg 91

Days on Site 58 Avg 75

Walkscore® 87 Avg 62

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Listing Provided Courtesy Of: Vestis Group

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Location & Address

eXp Realty Arizona
16165 N. 83rd Ave. #200
Peoria, AZ