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643-75 E Brown Road Mesa, AZ 85203

  • 16 No. of Units
  • Lot Size: IRR
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MultiFamily-Active $ 2,400,000

MLS#: 5981268

Courtesy of: James Stephens, Platinum Living Realty

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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!

Specifications


    Location, Tax & Legal


  • 5487
  • Mesa 16 Unit Assemblage

    General Property Description


  • 004 - Mesa Unified District
  • 004 - Mesa Unified District

    Legal Info


  • 5E
  • 14
  • 10714

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