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260 W 8th Ave
Mesa, AZ 85210
Building 5 · Multifamily Property For Sale
·
4 Units
PROPERTY FACTS
| No. Units | 4 | Building Size | 3,250 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Building Class | C | Year Built | 1985 |
| Lot Size | 0.16 AC | ||
| Zoning | R-3, Mesa | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,250 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1985 |
| Zoning | R-3, Mesa |
ABOUT 260 W 8TH AVE , MESA, AZ 85210
Plug and Play - easy out-of-state owner/mgr 4-plex (4 units per building) investment opportunity. There are a total of 6 buildings (24 units in total) for sale in this complex (3 different owners). Owner just pays the water/trash which averages $225/month. HOA is ~$315/month. No landscape maintenance! Units have washer/dryer hook-ups and 2nd level outdoor balconies. Current rents within these 6 buildings range from $725 to $850 with community rents as high as $1100 (units in the same complex/same condition)! The last building just sold for $440,000 - take advantage of the instant equity and buy all 6 (they can be sold separately as well). Buildings for sale are buildings #2, #4, #5, #11, #13 and #25.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
PROPERTY TAXES
| Parcel Number | 139-40-139 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $14,901 |
PROPERTY TAXES
