MLS® ID: 5981268

643-75 E Brown Road

Mesa, Arizona, 85203

$2,400,000 Active
  • - SQFT
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!
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Listing courtesy of Platinum Living Realty

Amenities

  • Zip
    85203
  • Office name
    Platinum Living Realty
  • Subdivision
    ENCHANTED VILLAGE
  • Property type
    Multiple Dwellings
  • Zoning type
    MULTI
  • School district
    004 - Mesa Unified District
  • Elementary school
    Edison Elementary School
  • Junior high
    Kino Junior High School
  • High school
    Westwood High School
  • Year built
    1974
  • Lot size
    IRR
  • Sewer
    Sewer - Public
  • Heating
    Electric,Individual
  • Tax year
    0
  • Agent name
    James C Stephens
  • Tax amount
    $ 5487.0
  • Purchase Type
    Active
  • HOA fees
    $ 0.00
  • Price Range
    $2m+
  • Area
    Mesa
  • Year Built Range
    1989 (and earlier)
  • Office ID
    rmpl03
  • Agent ID
    js1287

Location

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