$1,100,000
Surprise, AZ 85388
MLS# 6896435
1 / 19
Property Description
Brand-new 4-plex in Hayden Farms, built for long-term durability & low maintenance. Each unit offers 3 bedrooms, 2.5 baths, open-concept living, quartz countertops, stainless appliances, in-unit laundry & private garages. Great location near Loop 303,shopping,dining and top-rated schools. HOA is $988/month for all units and covers water, sewer, trash, ext insurance, landscaping, clubhouse, pool and tot lot. Units are in the lease-up phase.Rents:#1029 $1,995,9.13.26, other units estimated rent $1,745. MAXX PM is the required onsite management (7% of gross rents). Ideal turnkey investment for owner-occupy, investors, or 1031 exchange. Rare opportunity in one of the West Valley's fastest-growing communities. Buyer/Broker to verify all info. Listing Agent is the owner of the fourplex.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $1,100,000
List Price: $1,100,000
Status: Active
List Date: 2025-07-23
Location, Tax & Legal
Unit #: 29-32
Assessor's Map #: 12
Legal Description (Abbrev): LOT 9 HAYDEN FARMS MCR 157626
Assessor's Parcel #: 430
Add'l Parcels: No
Tax Municipality: Surprise
Census Tract: 61031
Taxes: 322
Legal: LOT 9 HAYDEN FARMS MCR 157626
Marketing Name: Hayden Farms
House Number: 12570
Compass: N
Street Name: COTTON
St Suffix: Lane
City/Town Code: Surprise
State/Province: AZ
Zip Code: 85388
Zip4: 0032
County Code: Maricopa
Subdivision: HAYDEN FARMS
Assessor Number: 502-12-430
Tax Year: 2024
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 5
Lot Size Dimensions: .03
Flood Zone: No
Total # of Units: 4
Elementary School District: Dysart Unified District
High School District: Dysart Unified District
Elementary School: Dysart Middle School
Jr. High School: Dysart Middle School
High School: Dysart High School
Year Built: 2025
Zoning: Residential
Legal Info
Range: 2W
Section: 14
Township: 3N
Lot Number: 9
Project Type
Four Plex: 1
Construction
Wood Frame: 1
Const - Finish
Stucco: 1
Stone: 1
Roofing
Composition: 1
Floors
Carpet: 1
Other: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Mgmt Exp: 6189
Owner Association: Yes
Annual Ownr Asoc Fee: 11856
Operating Exp: 18367
Other Income: 6000
Vacancy Allowance: 0.03
Adjusted Gross Inc: 91578.67
Pmt & Rate Info
Cap Rate: 5.62
Equity: 1124900
Down Payment %: 25
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
None: 1
Community Features
Pool: 1
Manager Res/Office: 1
Clubhouse: 1
Heating
Central: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Exterior Amenities
Landscape Water System: 1
Curb(s) & Gutter(s): 1
Sidewalk(s): 1
Interior Features
Unfurnished: 1
Vertical Blinds: 1
Tenant Pays
Gas: 1
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Garage: 1
Attached: 1
Electric
City Electric: 1
Gas
City Gas: 1
Owner Pays
None: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
1031 Exchange: 1
Special
Owner/Agent: 1
Existing 1st Loan
Other (See Rmks): 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
# 3 Bedroom Units: 4
Avg Rent: 1720
Avg SqFt: 1621
# Baths: 12
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Cotton and Cactus
Geo Lat: 33.598234
Geo Lon: -112.428107
Income Expenses
Gross Annual Sch Inc: 88411
Net Operating Income: 63241
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Stucco; Stone
Roofing: Composition
Floors: Carpet; Other
Sale Includes: Land & Building
Community Features: Pool; Manager Res/Office; Clubhouse
Exterior Amenities: Landscape Water System; Curb(s) & Gutter(s); Sidewalk(s)
Interior Features: Unfurnished; Vertical Blinds
Appliances Included: Refrigerator; Dishwasher; Disposal; Microwave
Heating: Central
Cooling: Ceiling Fan(s); Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: City Electric
Gas: City Gas
Parking Features: Garage; Attached
Road Surface Type: Asphalt
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection
Source of Fincl Data: Owner
Special: Owner/Agent
Lockbox Type: None
Existing 1st Loan: Other (See Rmks)
New Financing: Cash; VA; Conventional; 1031 Exchange
Environmental: None
Listing Office: Long Realty Unlimited
Last Updated: December - 21 - 2025
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