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1915 E Broadway Rd
Mesa, AZ 85204
Serrano Gardens · Multifamily Property For Sale
·
97 Units
PROPERTY FACTS
| No. Units | 97 | Lot Size | 3.18 AC |
| Property Type | Multifamily | Building Size | 70,042 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1973/1985 |
| Building Class | C | Parking Ratio | 1.74/1,000 SF |
| Zoning | M-H | ||
| No. Units | 97 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.18 AC |
| Building Size | 70,042 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1973/1985 |
| Parking Ratio | 1.74/1,000 SF |
| Zoning | M-H |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- Business Center
- Clubhouse
- Laundry Facilities
- Property Manager on Site
- Gated
ABOUT 1915 E BROADWAY RD , MESA, AZ 85204
Serrano Gardens is a 97-unit, garden-style apartment community in Mesa. Built in 1973, the property recently underwent a full exterior and common area renovation. Select units received either a partial (wood vinyl flooring, white appliance package, new cabinet doors, new bathroom vanities, resurfaced countertops& hardware) or a full renovation (partial + kitchen counter backsplash & modern bathroom tub surround). Washer / dryers were added to approximately 80% of the total units. Serrano Gardens provides investors an opportunity to add value by continuing the unit and washer / dryer renovation program underway and bringing rents at the property to market. The two-story property is built of wood frame with stucco exterior and flat roofs. The unit mix consists of 84% two-bedroom and 16% one-bedroom unit types, averaging 722 square feet. Each unit is individually metered for electricity with individual hot water heaters. The community also provides its residents with modern a clubhouse / business center, attractive (and easily maintained) desert landscaping, laundry facility, picnic area with barbeque grills, a video library, fenced-in soccer field, and covered parking.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 16 | $680.00 | 520 |
| 2+1 | 81 | $850.00 | 762 |
PROPERTY TAXES
| Parcel Number | 139-01-049H | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $306,519 |
PROPERTY TAXES
