1532 E Broadway Rd | Mesa, AZ 85204
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- LoopNet Team
1532 E Broadway Rd
Mesa, AZ 85204
Bargain Priced Downtown Mesa 4 · Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Another multifamily sold by Cass Stephens, CCIM, J.D., MBA! Closed for $485,000 ($15K credit also) to hard money buyer.
- Pride of Ownership Property with separate HVAC's units, nice roof. Tenant paid electric and owner paid w/s/t.
- Highly Competitive Price for this 4 unit. Offers a high rental ceiling long-term. 100% occupied with flexibility.
- Desirable Unit Mix with Three 2 bedroom/1 bath units (800 SF-$800 Rent) & a Studio/1 bath unit (400 SF/$400 Rent).
- Fabulous location with Reed Park across the street, and Main Street-heart of Mesa within walking distance. LRT closeby.
- Expenses estimated. Rents well-below market. All leases m-t-m or expiring soon. Buyer flexibility.
PROPERTY FACTS
| No. Units | 4 | Building Size | 2,800 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built/Renovated | 1962/2019 |
| Lot Size | 0.25 AC | Parking Ratio | 1.79/1,000 SF |
| Zoning | C-3 Zoning - Attractive Commercial (C-3) zoning. With a very generous sized lot (10,880 SF), the C zoning offers more options. | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 0.25 AC |
| Building Size | 2,800 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1962/2019 |
| Parking Ratio | 1.79/1,000 SF |
| Zoning | C-3 Zoning - Attractive Commercial (C-3) zoning. With a very generous sized lot (10,880 SF), the C zoning offers more options. |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Ceiling Fans
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Patio
SITE AMENITIES
- Courtyard
- Vintage Building
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | $800.00 | - |
| Studios | 1 | $400.00 | - |
PROPERTY TAXES
| Parcel Number | 138-13-165 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $12,627 |
PROPERTY TAXES
Parcel Number
138-13-165
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$12,627
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