447 W RIO SALADO Parkway, Mesa, AZ 85201

$3,850,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $3,850,000 Last Modified: 8/12/2016

Overview

Listing Details MLS# 5423290

Location, Tax & Legal

Map Code/Grid
Q38
House Number
447
Compass
W
Street Name
RIO SALADO
St Suffix
Parkway
City/Town Code
Mesa
State/Province
AZ
Zip Code
85201
Country
US
County Code
Maricopa
Subdivision
SAN REMO UNIT 101-124 201-224
Assessor Number
135-24-106
Tax Year
2015

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
2.21 AC
Year Built
1986
Uncvrd Parking Spcs
48
Total # of Units
48
# of Buildings
4
Zoning
RM-3
Elementary School District
Mesa Unified District
High School District
Mesa Unified District

Remarks Misc

Cross Street
W Rio Salado Pkwy & Country Club Dr in Mesa

Status Change Info

Off Market Date
2016-06-01
Under Contract Date
2016-05-31
Close of Escrow Date
2016-08-10

Legal Info

Lot Number
135-24-106

More Information

2 Bedroom Units

# 2 Bedroom Units
48
Avg Rent
658
Avg SqFt
817
# Baths
2

Income Expenses

Gross Annual Sch Inc
432000
Net Operating Income
311631

Contact Info

List Agent Home Phn
480-767-3001

Sold Info

Loan Type
Conventional
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession to Seller
Yes
Buyer Concession $/%
$
Seller Concession to Buyer
Yes
Seller Concession $/%
$

Property Features

Project Type: 25 - 50 Units; RV Park Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Built-Up Floors: Vinyl; Carpet Sale Includes: Land & Building; Pool Equipment Community Features: Pool Exterior Amenities: Landscape Water System; Green Landscaping; Desert Landscaping; Fenced; Sidewalk(s); Patio/Balcony; Guard Gate Interior Features: Fire/Smoke Alarm(s); Mini Blinds Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Washer/Dryer; W/D Hookup Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: APS; Individual Meter Gas: None Parking Features: >1 Space Per Unit; Paved Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Cable TV Source of Fincl Data: Projected Proforma Existing 1st Loan: Conventional Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Assume - Qualify Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: No Carry Environmental: None
IDX
Listing Office: Keller Williams Arizona Realty
Last Updated: August - 12 - 2016
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