NEW 10 unit townhome development. February / March 2022 estimated completion date. Each unit is 2,200 square feet with 4 bedrooms and 3.5 baths. Each unit has one car garage. Each unit is individually metered and parceled. Being sold as an entire development (only for sale as 10-unit development, no units will be sold individually). Rent comps in the $2000-$2250 range. Located in the opportunity zone for added tax benefit. Great for investors, 1031 exchange funds, etc.
- Price:
- $4,400,000
- Year Built:
- 2021
- Listing ID #:
- 6334436
- Street Address:
- 750 E Dana Ave
- City:
- Mesa
- State:
- Arizona
- Postal Code:
- 85204
- County:
- Maricopa
- Subdivision:
- Sunset At Horne
- Listing Status:
- Pending
- Listing Type:
- ResidentialMultiFamily
School District: 004 - Mesa Unified District
K-6
750 students
23 student/teacher
9-12
4123 students
22 student/teacher
- Construction Description:
- Frame - Wood
- Exterior Features:
- Cable Tv Available, Desert Landscaping, Landscape Wtr System, Patio/Balcony
- Flooring:
- Carpet, Vinyl
- Interior Features:
- Fire Sprinklers, Unfurnished
- Number Of Units:
- 10.00
- Siding:
- Stucco
- Type Of Roof:
- Foam
- Year Built:
- 2021
- Adjusted Gross Income:
- 250800.00
- Annual Insurance Expenses:
- 10000.00
- Annual Landscape Expenses:
- 6000.00
- Net Operating Income:
- 234800.00
- Operating Expense:
- 16672.00
- Conforms To Zoning:
- Multifamily
- Community Features:
- No Pool
- Included In Sale:
- Land & Building
- Terms:
- Conventional
- Owner Pays:
- Landscaping
- Property Taxes:
- $672
- Tenant Pays:
- Cable Tv, Electric, Sewer, Trash, Water
- Covered Parking Spaces:
- 10.00
- Parking Description:
- >1 Space Per Unit, 1 Space/Unit, Attached, Auto Door Opener, Garage, Paved Parking, Street Parking
- Parking Spaces:
- 20.00
- Appliances:
- Dishwasher, Microwave
- Cooling System:
- Ceiling Fan(s), Central A/C, Electric
- Electricity:
- City Electric
- Existing Water:
- City Franchise, Individual Meter
- Heating:
- Electric
- Sewage Type:
- Sewer - Public
|
$
|
|
|
$
|
|
|
%
|
|
|
$
|
|
|
$
|
|
|
$
|
|
The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listings Provided by America's All In One Real Estate Services
