$4,800,000
32.831381 -109.755757

3333 W 8TH Street Thatcher, AZ 85552

$4,800,000
Est. Monthly $24,407 recalculate
 

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CENTURY 21 Platinum Real Estate
2141 E. Pecos Road
Chandler, AZ 85225
480.­497.2121
480.­497.2121
CENTURY 21 Platinum Real Estate
2141 E. Pecos Road Chandler, AZ 85225
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3333 W 8TH Street
Thatcher, AZ 85552

Explore This Property

Multi-Family (2-4 Units) - 8th Street Apartments & Fitness Club. Historic 10+% CAP Rate. 11 buildings, 5.17 acres. 93 income units: 88 residential,fitness club,3 office & laundry. Option (see documents) to purchase 75 Apts Laundry for $4.0 million (Divide residential & commercial). Fitness Club built 1981 & newer constructed Apts added since 2003 (average age 5 years). Additional 5,250sf expansion to Fitness Club + 3 commercial offices completed 2016.Club open to public Includes:heated indoor pool, spa, sauna, racketball, gym etc. Steady cash flow & history 95% occupancy. Zoned C-M commercial, residential, retail. Additional $growth opportunity: 1/2 acre shovel ready land for new construction of 10-12 2BR Apts (in place-power, water, sewer). On site managers will stay. Prospectus + financials to qualified Buyer
MLS # 5525663
Courtesy Of HomeSmart

Property Features

  • Age: 31-40 Years Old
  • Amenities: Patio
  • Appliances: Oven, Refrigerator
  • Architecture Style: Other
  • Exterior Type: Stucco
  • Parking Type: Assigned, Carport, Paved or Surfaced
  • Roof Type: Unknown

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $24,407Your estimated monthly payment
    $960,00020% Down Payment
    $4,800,000 $4,320,000
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    THATCHER MIDDLE SCHOOL
    Grades 3-8 | Public School

    THATCHER, AZ 85552
    1300 N 4TH AVE
    928-348-7262
    1.4
    miles

    Total Students 300
    Student Teacher Ratio 18:1

    School Rating

    4 stars View School Details
    THATCHER ELEMENTARY SCHOOL
    Grades 3-6 | Public School

    THATCHER, AZ 85552
    1350 N 4TH AVE
    928-348-7200
    1.4
    miles

    Total Students 580
    Student Teacher Ratio 20:1

    School Rating

    3 stars View School Details
    Middle School
    THATCHER MIDDLE SCHOOL
    Grades 3-8 | Public School

    THATCHER, AZ 85552
    1300 N 4TH AVE
    928-348-7262
    1.4
    miles

    Total Students 300
    Student Teacher Ratio 18:1

    School Rating

    4 stars View School Details
    High School
    THATCHER HIGH SCHOOL
    Grades 9-12 | Public School

    THATCHER, AZ 85552
    601 N 3RD AVE
    928-348-7272
    0.9
    miles

    Total Students 480
    Student Teacher Ratio 17:1

    School Rating

    4 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Gift - Gila Institute For Technology 0.9 mi Public UNGRADE-UNGRADE
    Safford High School Satellite Campus 0.9 mi Public 9-12
    Duncan High School Satellite Campus 0.9 mi Public 9-12
    Thatcher High School Satellite Campus 0.9 mi Public 9-12
    Mt Graham High School Satellite Campus 1.1 mi Public 9-12
    Ft Thomas High School Satellite Campus 1.1 mi Public 7-12
    Jack Daley Primary School 1.4 mi Public K-2
    Safford High School 1.5 mi Public 9-12
    Ruth Powell Elementary School 1.8 mi Public K-6
    Lafe Nelson School 2.3 mi Public K-6
    Safford Middle School 2.4 mi Public 7-8
    Dorothy Stinson School 2.5 mi Public PRESCHOOL-6
    Triumphant Learning Center 2.9 mi Public K-8
    Mt Graham High School 3.1 mi Public 9-12
    Safford Christian Academy 3.8 mi Private PRESCHOOL-12
    Mount Turnbull Academy 5.6 mi Public -
    Pima High School 5.7 mi Public 9-12

    Local Area Information for Thatcher, AZ 85552

    Median Age: 28.5
    Married: 39.4%
    Number of Households: 2,130
    Households with Children: 639
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.