$815,000
$850,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
860 E BROWN Road #29 Mesa, AZ 85203
Key Details
Sold Price $815,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Sun Gardens Replat
MLS Listing ID 6715006
Sold Date 07/23/24
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1980
Annual Tax Amount $1,625
Tax Year 2023
Lot Dimensions 3804
Property Description
4 units located in the Central Mesa Submarket of Mesa, AZ. Originally built in 1980, this property has a unique mix of (3) large 2+1.5 units and (1) 3+2 unit. unit, and sits within the Sun Gardens Apartments HOA that features a community pool. Current average rents sit at $1,425/unit, and there is room to push them closer to market. Each unit is also sub-metered for water, that allows new ownership the opportunity to bill tenants directly for water. HOA fee is $475/month and they cover expenses including trash service and common area maintenance. Just a few miles from the asset are attractions such as the Oakland A's Spring Training facility, Mesa Country Club, and Mesa Riverview shopping center.
CONTACT AGENT FOR COPY OF OM
Location
State AZ
County Maricopa
Community Sun Gardens Replat
Zoning M-H
Interior
Heating Electric
Cooling Central A/C
Flooring Carpet, Ceramic Tile, Vinyl
Appliance W/D Hookup
Exterior
Garage Paved Parking, 1 Space/Unit
Community Features Manager Res/Office, Heated Pool(s), Pool
Waterfront No
Roof Type Composition
Parking Type Paved Parking, 1 Space/Unit
Total Parking Spaces 4
Garage Yes
Building
Sewer Public Sewer
Water City Franchise
Schools
Elementary Schools Other
Middle Schools Other
High Schools Other
School District Mesa Unified District
Others
Senior Community No
Tax ID 137-09-321
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Matthews Real Estate Investment Services