x
Seller Financing
Address
643-75 E Brown Road Mesa, AZ
Price
$ 2,400,000
Property Attributes
  • MLS#5981268
  • TypeMulti-Family
  • CountyMARICOPA
  • CityMesa
  • NeighborhoodEnchanted Village
  • Zip85203
  • Style
  • Year Built1974
  • Taxes5487
  • Price$ 2,400,000
  • Bedrooms32
  • Full Bathrooms16
  • Half Bathrooms0
  • Sqr Footage13152
Listing Provided Courtesy Of:
Platinum Living Realty
Property Description

Truly rare offering! 16 total units, 8 buildings, and 5 lots. Near Downtown Mesa, 202, A's/Cubs! The complex is situated in its own private cul-de-sac that comprises 1+ acres. Abuts Mesa bike path! Built from 1972-1980. All big 2 bedroom units at 822 SF+/-. This package sale is offered with seller financing only. Terms: 30% down payment, 5% interest rate, 30 yr amortization, with a 5 year term/balloon. Well over $100,000 in recent major improvements that include many new roofs, fascia, painting, landscaping, unit upgrades, etc. Recent unit (661) rented for $980. Solid value-add with strong long-term upside. See attached OM/Seller Financing Addendum draft. Buyer to complete/rely on own due diligence. Inc/Exp/SF estimated. No showings until escrow. Assemblage sale w/seller financing only!

Elementary School Middle School High School
Edison Elementary School Kino Junior High School Westwood High School
Price History
9/20/2019 Listed $2,400,000

General Features

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 980.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block
Elementary School Edison Elementary School
Features No Pool, Other (See Remarks)
High School Westwood High School
Map Code/Grid Q39
Middle School Kino Junior High School
Net Income 0.00
New Financing Other (See Remarks), Seller May Carry
Owner Pays Water, Sewer, Trash, Landscaping
Property Type F
Public Remarks Truly rare offering! 16 total units, 8 buildings, and 5 lots. Near Downtown Mesa, 202
School District 004 - Mesa Unified District
Status Active
Subdivision ENCHANTED VILLAGE
Tenant Pays Electric, Gas, Cable TV
Year Built 1974
Zoning MULTI

Interior Features

2 Bedroom Units: # 2 Bedroom Units 16
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 822
Appliances Included BI Oven/Range, Refrigerator, Dishwasher, Disposal, Other (See Remarks)
Cooling Central A/C, Electric Refrigeratd
Electric Other (See Remarks)
Floors Concrete, Carpet, Ceramic Tile, Other (See Remarks), Vinyl/Composition
Gas Other (See Remarks)
Heating Electric, Individual
Interior Features Unfurnished, Vertical Blinds, Fire/Smoke Alarm(s)
Total Number of Units 16.00

Exterior Features

Sale Includes Land & Building, Laundry Equipment, Other (See Remarks)
Const - Finish Painted, Brick Trim/Veneer
Covered Parking Spcs 16.00
Exterior Features Desert Landscaping, Fenced, Partially Fenced, Cable TV Available, Patio/Balcony, Separate Storage, Security Light(s), Other (See Remarks)
Lot Size Dimensions IRR
Parking Free, Other (See Remarks), Carport, >1 Space Per Unit
Roof Comp Shingle, Other (See Remarks)
Sewer Sewer - Public
Total Parking Spcs 24.00
Water City Franchise, Other (See Remarks)

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85203

Price
AVG $1.35M
$2.4M
Taxes
AVG $3,210
$5,487
Visits
AVG 164
252
Year Built
AVG 1968
1974

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