$3,753,596*
●
Multifamily -
Off Market
643-75 E Brown Road
Mesa, AZ 85203
Studio
0 Bath
$2,160,000 - $2,640,000
Reference Base Price*
56.40%
Since Apr 1, 2020
AZ-Phoenix
Primary Model
About This Property
Truly rare offering! 16 total units, 8 buildings, and 5 lots. Near
Downtown Mesa, 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+/-. Offered
with seller financing. Well over $100,000 in recent major
improvements-many new roofs, fascia, painting, landscaping, unit
upgrades, etc. Recent unit rented for $980. Highly stabilized w/
close to 100% collection in 2019! Solid light value-add w/ strong
long-term upside. Additional information available including the
Offering Memorandum, Introductory Video Exterior/Recent Unit Turn,
Rent Rolls, & P&L's. Buyer to complete/rely on own due
diligence. Inc/Exp/SF estimated. Nothing else like this!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$5,487
HOA Dues
-
Year Built
1972
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 21, 2020 | No longer available | - | |
| No longer available | |||
| Sep 22, 2019 | Listed | $2,400,000 | |
| Listed | |||
Property Highlights
Air Conditioning
643-75 E Brown Road
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
09/22/2019
|
|
Studio
|
-
|
-
|
$2,400,000
Studio
-
|
-
-
|
-
|
-
|
Building Info
