1402 E Dana Ave - Apartments FOR SALE


Mesa, AZ 85204
$1,999,000 USD
602-410-8838
1402 E Dana Ave, Mesa, AZ for Sale
$1,999,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

1402 E Dana Ave
Mesa, AZ 85204


HIGHLIGHTS

  • Single-story block construction
  • Individually metered Electricity & Gas
  • Many recent upgrades including new Roofs, A/Cs w/transferrable warranties
  • Walking distance from new light rail which connects Mesa with Tempe and Phoenix
  • Minutes from Downtown Mesa . Downtown area includes higher education institutions such as Benedictine University, Mesa Community College, and ASU @ Me

OVERVIEW

Rare investment opportunity to own 3 duplexes and 2 single-family homes near Downtown Mesa. All single-story slump block construction, individually metered for electricity and gas. All 3 duplexes consist of 2 bedroom, 1 bath units w/ private front/back yards, washer/dryer hookups. Each of the two houses are 3 bedrooms, 2 bath layouts w/attached garage, private front and back yards. Sale includes two parcels 138-09-060E and 138-09-059A (one single-family home on its own parcel). Substantial upgrades made throughout the property in recent years: 5 of the 6 duplex units have new A/Cs, both of the single family homes have new A/Cs all w/transferrable warranties. Five of the six duplexes have new water heaters. Both single-family homes have new water heaters. Both single-family homes have new roofs w/ transferrable warranties. Drive by only, do not disturb tenants. No showings without accepted offer. Buyer to verify all facts and figures. Agent is related to Seller.

FOR SALE DETAILS

PRICE

$1,999,000 USD

PRICE/SF

$203 USD /SF

# OF UNITS

8

PRICE/UNIT

$249,875

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,799 SF

ZONING

RM-2

APN/PARCEL ID

138-09-059A,138-09-060E

ASK ABOUT THIS PROPERTY

Gladys ContrerasHomeSmart Northeast MesaMore Info
602-410-8838

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Gladys ContrerasHomeSmart Northeast MesaMore Info
602-410-8838

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.