38-48 N Santa Barbara | Mesa, AZ 85201
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- LoopNet Team
38-48 N Santa Barbara
Mesa, AZ 85201
Santa Barbara Apartments · Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
- Fully remodeled 12 unit apartment complex located along the central corridor of Mesa near the highly-sought after Valley Metro Light Rail & near ASU.
- Interior upgrades include: new kitchen cabinets & countertops; new plank flooring; new stainless steel appliances; & new in-suite washer/dryers.
- Roofs replaced in Dec, 2019 on all 3 buildings.
- Unit mix consists of twelve 2 bed/1 bath units which are nearly 900sqft with an upside in rents.
- Exterior amenities consist of: several main level units with private yards; an abundance of private & off-street parking; & upgraded landscaping.
- All 3 fourplexes are side-by-side having separate parcel numbers making this offering conducive to either Commercial or Residential Financing.
PROPERTY FACTS
| No. Units | 12 | Building Size | 10,632 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1985 |
| Building Class | C | Parking Ratio | 1.69/1,000 SF |
| Lot Size | 0.56 AC | ||
| Zoning | M-H - R-4, Mesa for each of the 3 parcels. | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.56 AC |
| Building Size | 10,632 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 1985 |
| Parking Ratio | 1.69/1,000 SF |
| Zoning | M-H - R-4, Mesa for each of the 3 parcels. |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 12 | $1,440 | 886 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $50,403 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$50,403
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