x
Seller Financing
Address
643-75 E Brown Road Mesa, AZ
Price
$ 2,400,000
Property Attributes
  • MLS#5981268
  • TypeMulti-Family
  • CountyMARICOPA
  • CityMesa
  • NeighborhoodEnchanted Village
  • Zip85203
  • Style
  • Year Built1974
  • Taxes5487
  • Price$ 2,400,000
  • Bedrooms32
  • Full Bathrooms16
  • Half Bathrooms0
  • Sqr Footage13152
Listing Provided Courtesy Of:
Platinum Living Realty
Property Description

Truly rare offering! 16 total units, 8 buildings, and 5 lots. Near Downtown Mesa, A's/Cubs! The complex is situated in its own private cul-de-sac that comprises 1+ acres. Abuts Mesa bike path! Built from 1972-1980. All big 2 bedroom units at 822 SF+/-. This package sale is offered w/ seller financing. Well over $100,000 in recent major improvements-many new roofs, fascia, painting, landscaping, unit upgrades, etc. Recent unit rented for $980. Highly stabilized w/ close to 100% collection in 2019! Solid light value-add w/ strong long-term upside. Additional information available including the Offering Memorandum, Introductory Video Exterior/Recent Unit Turn, Rent Rolls, & P&L's. Buyer to complete/rely on own due diligence. Inc/Exp/SF estimated. Nothing else like this! Offers Considered!

Elementary School Middle School High School
Edison Elementary School Kino Junior High School Westwood High School
Price History
9/20/2019 Listed $2,400,000

General Features

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 980.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block
Elementary School Edison Elementary School
Features No Pool, Other (See Remarks)
High School Westwood High School
Map Code/Grid Q39
Middle School Kino Junior High School
Net Income 0.00
New Financing Other (See Remarks), Seller May Carry
Owner Pays Water, Sewer, Trash, Landscaping
Parking Free, Other (See Remarks), Carport, >1 Space Per Unit
Property Type F
Public Remarks Truly rare offering! 16 total units, 8 buildings, and 5 lots. Near Downtown Mesa
School District 004 - Mesa Unified District
Status Active
Subdivision ENCHANTED VILLAGE
Tenant Pays Electric, Gas, Cable TV
Year Built 1974
Zoning MULTI

Interior Features

2 Bedroom Units: # 2 Bedroom Units 16
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 822
Appliances Included BI Oven/Range, Refrigerator, Dishwasher, Disposal, Other (See Remarks)
Cooling Central A/C, Electric Refrigeratd
Electric Other (See Remarks)
Floors Concrete, Carpet, Ceramic Tile, Other (See Remarks), Vinyl/Composition
Gas Other (See Remarks)
Heating Electric, Individual
Interior Features Unfurnished, Vertical Blinds, Fire/Smoke Alarm(s)
Total Number of Units 16.00

Exterior Features

Sale Includes Land & Building, Laundry Equipment, Other (See Remarks)
Const - Finish Painted, Brick Trim/Veneer
Covered Parking Spcs 16.00
Exterior Features Desert Landscaping, Fenced, Partially Fenced, Cable TV Available, Patio/Balcony, Separate Storage, Security Light(s), Other (See Remarks)
Lot Size Dimensions IRR
Roof Comp Shingle, Other (See Remarks)
Sewer Sewer - Public
Total Parking Spcs 24.00
Water City Franchise, Other (See Remarks)

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85203

Price
AVG $2.4M
$2.4M
Taxes
AVG $5,487
$5,487
Visits
AVG 330
329
Year Built
AVG 1974
1974

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