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860 E Brown Rd
Mesa, AZ 85203
Bldg 2 · Multifamily Property For Sale · 4 Units

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.09 AC
Building Size 4,042 SF
Average Occupancy 100%
No. Stories 2
Year Built 1980
Parking Ratio 0.99/1,000 SF
Zoning M-H

ABOUT 860 E BROWN RD , MESA, AZ 85203

PERFECT 4-PLEX SET UP! This can also be sold with a neighboring 4-plex in the same community for the same price (also listed for sale but different owners). Units are designed so that tenants are never above/beneath one another. Building has just been renovated inside and out. This is 1 of 3 buildings in the entire community where the owner has built out a private separate garage for each of the 4 tenants. Each tenant has a 1 car garage, units have private patios, all units are sub-metered for water (so that tenants may be charged direct). Community has a pool/laundromat. Unit 33 is a single level 3 bedroom & 2 full baths with inside laundry & covered patio - $1200 rent. Unit 34 is a two story unit which includes 2 bedrooms 1.50 bath & covered patio - $830 rent. Unit 35 is single story with 2 bedrooms & 1.50 baths and includes inside laundry - rent is $900. Unit 36 is a two story with 2 bedrooms & 1.50 baths - rent is $950. HOA is $396/month, water is ~$200/month, taxes are $1455/year. Tenants pay electric. Community and unit floor plans and maps are attached. Community rents are as high as $1350 for 3 bed units and $1150 for 2 bed units. See documents tab for all available financial.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 2 - -
3+2 1 - -
2+2 1 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
137-09-340
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$17,723
  • Listing ID: 15507468

  • Date on Market: 3/21/2019

  • Last Updated:

  • Address: 860 E Brown Rd, Mesa, AZ 85203

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