Beds |
Baths |
Half Baths |
Sqr Footage |
Lot Size |
Built |
19 |
10 |
0 |
8,400 |
0 |
1961 |
Great add value opportunity with all units currently rented at below market value. Ad value pro forma places CAP rate above 7% if rents increased to market value. Buildings have newer roofs and are in a prime location. All 2 bedrooms units are large with solid block construction. Financials available with accepted LOI. Please do not disturb tenants, drive by only until inspection period.
Price History
| 10/2/2020 |
Listed $1,325,000
|
| 1 Bedroom Units: Avg Rent |
700.00 |
| 2 Bedroom Units: Avg Rent |
850.00 |
| 3 Bedrooms Units: Avg Rent |
0.00 |
| 3 Bedrooms Units: Avg Sqft |
0 |
| 4 Bedrooms Units: Avg Rent |
0.00 |
| 4 Bedrooms Units: Avg Sqft |
0 |
| Construction |
Block |
| Cooling |
Central A/C, Individual |
| Electric |
City Electric |
| Elementary School |
Edison Elementary School |
| Exterior Features |
Cable TV Available, Desert Landscaping, Green Landscaping, Landscape Wtr System, Partially Fenced, Patio/Balcony, Security Light(s), Separate Storage |
| Features |
Barbecue Area(s), No Pool, Play Area |
| Heating |
Electric, Individual |
| High School |
Westwood High School |
| Interior Features |
Unfurnished |
| Map Code/Grid |
R39 |
| Middle School |
Kino Junior High School |
| Net Income |
41000.00 |
| New Financing |
Conventional, CTL, FHA |
| Owner Pays |
Landscaping, Sewer, Trash Collection, Water |
| Parking |
1 Space/Unit, Add'l Parking Avail, Assigned, Carport, Free, Other (See Remarks) |
| Property Type |
F |
| Public Remarks |
|
| Roof |
Comp Shingle |
| School District |
004 - Mesa Unified District |
| Sewer |
Sewer - Public |
| Status |
Active |
| Subdivision |
FRASER FIELDS LOTS 17-47, 66-96 |
| Tenant Pays |
Cable TV, Electric |
| Water |
City Franchise, Master Meter |
| Year Built |
1961 |
| Zoning |
D |
Interior Features
| 1 Bedroom Units: # 1 Bedroom Units |
1 |
| 1 Bedroom Units: # Baths |
1 |
| 1 Bedroom Units: Avg Sqft |
750 |
| 2 Bedroom Units: # 2 Bedroom Units |
9 |
| 2 Bedroom Units: # Baths |
1 |
| 2 Bedroom Units: Avg Sqft |
850 |
| 3 Bedrooms Units: # 3 Bedroom Units |
0 |
| 3 Bedrooms Units: # Baths |
0 |
| 4 Bedrooms Units: # 4 Bedroom Units |
0 |
| 4 Bedrooms Units: # Baths |
0 |
| Appliances Included |
BI Oven/Range, Refrigerator, W/D Hookup |
| Floors |
Carpet, Vinyl/Composition |
| Gas |
City Gas |
| Total Number of Units |
10.00 |
Exterior Features
| Const - Finish |
Painted |
| Covered Parking Spcs |
10.00 |
| Lot Size Dimensions |
143X207 |
| Total Parking Spcs |
20.00 |
Property
Schools
Direct Link:
https://www.efgsellsaz.com/property/22-6140995-47-N-Horne-Road-Mesa-AZ-85203
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