260 W 8TH Avenue

    Mesa, AZ 85210
    • $1,188,000
    • STATUS: Active
    • ON SITE: 53 days
    • MLS #: 5956105
    UPDATED: 181 min ago
    $1,188,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1985
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Package consists of 3 x 4plexes inside community. Majority if units have been renovated and renting at a premium. Various renovations include all tile flooring, new countertops, vanities & fixtures and interior paint. Units are easy to maintain and easily rented. HOA covers parking and landscaping. All units have been professionally managed and stable tenants. Each building consists of 4 units, 2 upstairs and 2 downstairs. Package can be sold as one transaction, or split for residential financing.

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    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than CC & Co. Real Estate Team | Keller Williams Realty Phoenix. Data last updated 2019-09-16T00:10:38.92.
    www.joyofcominghome.com/homes/97233039

    260 W 8TH Avenue Mesa, AZ 85210

    • Price: $1,188,000
    • Status: Active
    • Updated: 181 min ago
    • MLS #: 5956105
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1985
    Built
    Neighborhood:
    Amberwood Manor Amd Lot 1-41 Tr A-R
    County:
    Maricopa
    Area:
    Mesa
    Elementary School:
    Guerrero Elementary School
    Middle School:
    Rhodes Junior High School
    High School:
    Dobson High School
    School District:
    004 - Mesa Unified District
    Property Description
    Package consists of 3 x 4plexes inside community. Majority if units have been renovated and renting at a premium. Various renovations include all tile flooring, new countertops, vanities & fixtures and interior paint. Units are easy to maintain and easily rented. HOA covers parking and landscaping. All units have been professionally managed and stable tenants. Each building consists of 4 units, 2 upstairs and 2 downstairs. Package can be sold as one transaction, or split for residential financing.
    Exterior Features

    Construction Frame - Wood Construction Finish Stucco Covered Parking Spaces 4.00 Exterior Amenities Green LandscapingPatio/Balcony Lot Size Dimensions 69 X 80 Parking 1 Space/Unit Roads Asphalt/Blacktop Roofing Comp Shingle Total Parking Spaces 4.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 812 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeWasher/Dryer Cooling Central A/CElectric Refrigeratd Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating Electric Interior Amenities Unfurnished

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 678.00 2 Bedroom Units 12 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 93605.40 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 3200.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 1569.00 Annual Mgmt Exp 7882.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 11340.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 4116.00 Community Amenities No Pool Cross Street Broadway & Country Club Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric City Electric Gas None Gross Annual Sch Inc 98532.00 Hoa YN Yes Net Operating Income 68945.00 New Financing Conventional1031 Exchange Operating Exp 31798.00 Other Income 0.00 Other Type Packaged Offering Owner Pays WaterOther (See Remarks) Project Type 5 - 12 Units Sale Includes Land & BuildingLaundry Equipment Sewer Sewer - Public Source Of Financial Data Provided By OwnerProjected Proforma Tax Municipality Mesa Taxes 3691.00 Tenant Pays Electric Vacancy Allowance 0.05 Water City Franchise Zoning R3

    Listing courtesy of Homesmart.


    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than CC & Co. Real Estate Team | Keller Williams Realty Phoenix. Data last updated 2019-09-16T00:10:38.92.
     
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