860 E Brown Rd | Mesa, AZ 85203
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- LoopNet Team
860 E Brown Rd
Mesa, AZ 85203
Mesa 4-Plex Investment | RUBS in Place · Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- 3-Bedroom Unit #3 – Single-level plan with private patio, washer/dryer hookups, ceiling fans, and enclosed garage.
- RUBS In Place – Each tenant reimburses ¼ of the HOA dues, providing excellent expense recovery and predictable NOI.
- Parking Advantage – (2) Two-Car Garages + Additional Assigned and Unassigned Parking Spaces.
- HOA Includes Water / Sewer / Trash / Landscaping – Simplifies ownership and keeps property maintenance efficient.
- Community Amenities – Sparkling pool, security cameras, and professionally maintained common areas.
- Strong Rental Upside – Current rents below market; new ownership can easily increase income.
PROPERTY FACTS
| No. Units | 4 | Building Size | 4,042 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1980 |
| Building Class | C | Parking Ratio | 1.48/1,000 SF |
| Lot Size | 0.09 AC | ||
| Zoning | M-H | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 4,042 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1980 |
| Parking Ratio | 1.48/1,000 SF |
| Zoning | M-H |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Ceiling Fans
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Patio
- Porch
SITE AMENITIES
- Pool
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 1 | $1,800 | - |
| 2+2 | 3 | $1,475 | - |
PROPERTY TAXES
| Parcel Number | 137-09-321 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $16,763 |
PROPERTY TAXES
Parcel Number
137-09-321
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$16,763
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