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  • Price$2,400,000
  • Built1974

643-75 E Brown Road, Mesa

Truly rare offering! 16 total units, 8 buildings, and 5 lots. Near Downtown Mesa, 202, 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 with seller financing only. Terms: 30% down payment, 5% interest rate, 30 yr amortization, with a 5 year term/balloon. Well over $100,000 in recent major improvements that include many new roofs, fascia, painting, landscaping, unit upgrades, etc. Recent unit (661) rented for $980. Solid value-add with strong long-term upside. See attached OM/Seller Financing Addendum draft. Buyer to complete/rely on own due diligence. Inc/Exp/SF estimated. No showings until escrow. Assemblage sale w/seller financing only!

Essential Information

  • MLS® #5981268
  • Price$2,400,000
  • Year Built1974
  • TypeMulti-Family
  • Sub-Type13 - 24 Units
  • StatusActive

Amenities

  • AmenitiesNo Pool, Other (See Remarks)
  • Parking Spaces24
  • ParkingCarport, Free, Other (See Remarks), >1 Space Per Unit

Exterior

  • Exterior FeaturesDesert Landscaping, Fenced, Partially Fenced, Cable TV Available, Patio/Balcony, Separate Storage, Security Light(s), Other (See Remarks)
  • Lot DescriptionIRR
  • RoofComp Shingle, Other (See Remarks)
  • ConstructionBlock

Additional Information

  • ZoningMULTI

Community Information

  • Address643-75 E Brown Road
  • SubdivisionENCHANTED VILLAGE
  • CityMesa
  • CountyMaricopa
  • StateAZ
  • Zip Code85203

Interior

  • Interior FeaturesUnfurnished, Vertical Blinds, Fire/Smoke Alarm(s)
  • AppliancesRefrigerator, Dishwasher, Disposal, BI Oven/Range, Other (See Remarks)
  • HeatingElectric, Individual
  • CoolingCentral A/C, Electric Refrigeratd

School Information

  • District004 - Mesa Unified District
  • ElementaryEdison
  • MiddleKino
  • HighWestwood

Listing Details

  • Listing OfficePlatinum Living Realty
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Listing information last updated on October 20th, 2019 at 1:19am MST.