5825 E University Dr | Mesa, AZ 85205
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- LoopNet Team
5825 E University Dr
Mesa, AZ 85205
Sun Court Villas · Multifamily Property For Sale
·
28 Units
INVESTMENT HIGHLIGHTS
- The current debt on the property is assumable with a fixed rate that is considerably below fair market interest rates available for perm financing
- Single-level, low-density community with large floorplans - most of which include individual washer/dryers and large private patios.
- Consisting of 7 contiguous individually-parceled fourplexes making Sun Court Villas relevant for 30-year fixed, high-leverage residential financing
PROPERTY FACTS
| No. Units | 28 | Building Size | 21,980 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1983 |
| Building Class | C | Parking Ratio | 1.91/1,000 SF |
| Lot Size | 2.27 AC | ||
| Zoning | M-M - Multifamily | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.27 AC |
| Building Size | 21,980 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1983 |
| Parking Ratio | 1.91/1,000 SF |
| Zoning | M-M - Multifamily |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Washer/Dryer
- Ceiling Fans
- Tile Floors
- Kitchen
- Refrigerator
- Stainless Steel Appliances
- Office
- Patio
SITE AMENITIES
- 24 Hour Access
- Property Manager on Site
- Maintenance on site
- Online Services
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 14 | $1,325 | 645 |
| 2+1 | 14 | $1,575 | 925 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $73,359 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$73,359
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