5825 E University Drive, Mesa, AZ 85205
$5,880,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$5,880,000
Last Modified:
5/30/2023
Overview
Listing Details MLS# 6489483
Location, Tax & Legal
- Map Code/Grid
- R41
- House Number
- 5825
- Compass
- E
- Street Name
- University
- St Suffix
- Drive
- City/Town Code
- Mesa
- State/Province
- AZ
- Zip Code
- 85205
- Country
- US
- County Code
- Maricopa
- Assessor Number
- 141-49-006-K
- Tax Year
- 2022
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 98,200 sf
- Year Built
- 1983
- Uncvrd Parking Spcs
- 12
- Total # of Units
- 28
- # of Buildings
- 7
- Zoning
- R-3
- Elementary School District
- Mesa Unified District
- High School District
- Mesa Unified District
Status Change Info
- Off Market Date
- 2023-05-30
- Under Contract Date
- 2023-02-15
- Close of Escrow Date
- 2023-05-19
1 Bedroom Units
- # 1 Bedroom Units
- 14
- Avg Rent
- 1332
- Avg SqFt
- 645
- # Baths
- 14
More Information
2 Bedroom Units
- # 2 Bedroom Units
- 14
- Avg Rent
- 1582
- Avg SqFt
- 925
- # Baths
- 14
Income Expenses
- Gross Annual Sch Inc
- 486684
- Net Operating Income
- 366772
Sold Info
- Loan Type
- Other
- Loan Years
- 5
- Payment Type
- Fixed
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- %
- Seller Concession $/%
- %
Property Features
Project Type:
25 - 50 Units
Construction:
Block
Const - Finish:
Painted
Roofing:
Foam
Floors:
Concrete
Sale Includes:
Land & Building
Community Features:
No Pool
Exterior Amenities:
Desert Landscaping; Fenced; Patio/Balcony
Appliances Included:
Built-In Range
Heating:
Wall Furnace
Cooling:
Electric; Individual
Water Source:
City Franchise; Master Meter
Sewer:
Sewer - Public
Electric:
SRP
Gas:
SW Gas
Parking Features:
>1 Space Per Unit
Road Surface Type:
Asphalt
Owner Pays:
Water; Trash Collection; Landscaping
Tenant Pays:
Electricity
Source of Fincl Data:
Owner; Projected Proforma
Showing Notification Methods:
Text
Lockbox Type:
None
New Financing:
Conventional; No Carry; 1031 Exchange
Environmental:
None
Listing Office:
Marcus & Millichap
Last Updated: May - 30 - 2023
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