Menu
Listing ID6489483
Sold For$5,880,000
StatusClosed
Sold Date5/19/2023
CountyMaricopa
Year Built1983
Property TypeMultiple Dwellings
For additional information about this property located in Mesa, Arizona, please fill out the Request More Information form.
County
Maricopa
Property Type
Multiple Dwellings
Year Built
1983
Zoning
R-3
1 Bedroom Units # Baths
14
1 Bedroom Units Avg SqFt
645
2 Bedroom Units # Baths
14
2 Bedroom Units Avg SqFt
925
Cooling
Individual, Electric
Cooling
yes
Heating
Floor Furnace, Wall Furnace
Heating
yes
Community Features
No Pool
Country
US
Elementary School District
Mesa Unified District
General Property Description Elementary School District2
Mesa Unified District
General Property Description High School District
Mesa Unified District
High School District
Mesa Unified District
Postal City
Mesa
Water Source
City Franchise, Master Meter
Attached Garage
no
Construction Materials
Painted, Block
Covered Spaces
32
Electric
SRP
General Property Description # of Buildings
7
General Property Description Lot Size Dimensions
98,200 sf
General Property Description Total # of Units
28
General Property Description Uncvrd Parking Spcs
12
Lot Size Dimensions
98,200 sf
Number Of Buildings
7
Number Of Units Total
28
Open Parking Spaces
12
Parking Features
>1 Space Per Unit
Parking Total
44
Road Surface Type
Asphalt
Roof
Foam
Sewer
Public Sewer
Buyer Agency Compensation
1.00
Mls Status
Closed
1 Bedroom Units Avg Rent
1332
2 Bedroom Units Avg Rent
1582
Cap Rate
5.35
Disclosures
None
Electric Expense
24460
Gardener Expense
7000
Gross Income
490658.85
Gross Scheduled Income
486684
Insurance Expense
4390
Listing Terms
No Carry, Conventional, 1031 Exchange
Maintenance Expense
19208
Net Operating Income
366772
Operating Expense
120101
Other Expense
19457
Owner Pays
Trash Collection, Water, Sewer, Landscaping
Professional Management Expense
19491
Tax Annual Amount
10236
Tax Book Number
141.00
Tax Year
2022
Tenant Pays
Electricity
Similar Listings
Data services provided by IDX Broker
© Cook & Associates Real Estate Advisors