MLS® ID: 5978235
260 W 8TH Avenue 5 2
Mesa, Arizona, 85210 $387,000
Active UCB (Under Contract-Backups)
Plug and Play - easy out-of-state owner/mgr 4-plex (4 units per building) investment opportunity. There are a total of 6 buildings (24 units in total) for sale in this complex (3 different owners). Owner just pays the water/trash which averages $225/month. HOA is ~$315/month. No landscape maintenance! Units have washer/dryer hook-ups and 2nd level outdoor balconies. Current rents within these 6 buildings range from $725 to $850 with community rents as high as $1100 (units in the same complex/same condition)! The last building just sold for $438,000 - take advantage of the instant equity and buy all 6 (they can be sold separately as well). Buildings for sale are buildings #2, #4, #5, #11, #13 and #25.