2680 South Val Vista Drive Suite 101 Gilbert AZ 85295
$1,025,000
12570 N COTTON Lane 29-32Surprise, AZ 85388
MLS# 6896435
Status: Closed
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), #1032 $1,795(3.7.27)other units estimated rent $1,745. MAXX PM is the required onsite management (7% of gross rents).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
Current Price: $1,000,000
List Price: $1,025,000
Status: Closed
List Date: 2025-07-23
Ownership: Fee Simple
Location Tax Legal
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
Lot Size Dimensions: .03
Year Built: 2025
Uncvrd Parking Spcs: 5
Total # of Units: 4
# of Buildings: 1
Zoning: Residential
Flood Zone: No
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
Remarks Misc
Cross Street: Cotton and Cactus
Geo Lat: 33.598234
Geo Lon: -112.428107
Status Change Info
Off Market Date: 2026-04-07
Under Contract Date: 2026-03-11
Close of Escrow Date: 2026-04-06
Sold Price: 1000000
Legal Info
Township: 3N
Range: 2W
Section: 14
Lot Number: 9
Income Expenses
Gross Annual Sch Inc: 88411
Net Operating Income: 63241
Showing Notification Methods
Showing Service: Aligned Showings
3 Bedrooms Units
# 3 Bedroom Units: 4
Avg Rent: 1720
Avg SqFt: 1621
# Baths: 12
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
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: April - 07 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
Tuesday 7th of April 2026 10:16 AM