643-75 E Brown Road, Mesa

$2,400,000

0 Beds
0 Baths
0 Acres
0 Garages

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+/-. Offered with 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!

Essential Information
MLS® #5981268
Price$2,400,000
Year Built1974
TypeMulti-Family
Sub-Type13 - 24 Units
StatusActive
Community Information
Address643-75 E Brown Road
SubdivisionENCHANTED VILLAGE
CityMesa
CountyMaricopa
StateAZ
Zip Code85203
Amenities
AmenitiesNo Pool, Other (See Remarks)
Parking Spaces24
Parking

Free, Other (See Remarks), Carport, >1 Space Per Unit

Interior
HeatingElectric, Individual
Interior Features

Unfurnished, Fire/Smoke Alarm(s), Vertical Blinds

Appliances

Refrigerator, BI Oven/Range, Dishwasher, Disposal, Other (See Remarks)

Cooling

Central A/C, Electric Refrigeratd

Exterior
Lot DescriptionIRR
ConstructionBlock
Exterior Features

Desert Landscaping, Partially Fenced, Fenced, Cable TV Available, Patio/Balcony, Separate Storage, Security Light(s), Other (See Remarks)

Roof

Comp Shingle, Other (See Remarks)

School Information
District004 - Mesa Unified District
ElementaryEdison
MiddleKino
HighWestwood
Additional Information
ZoningMULTI
Listing Details
OfficePlatinum Living Realty
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Listing information last updated on January 29th, 2020 at 12:34pm MST.