416 N ROCA, Mesa, AZ 85213 (MLS# 7042105)

416 N ROCA, Mesa, AZ 85213

$1,225,000

Property Type: Multiple Dwellings Status: Active

Current Price: $1,225,000 Last Modified: 7/29/2026

Overview

Description

Built in 1986 of wood-frame and stucco construction, the property offers a unit mix of six (6) two-bedroom/one-bath units and one (1) two-bedroom/two-bath unit. Each unit is individually metered for electricity and features washer and dryer hookups, with select units offering private patios and additional storage space. The property also provides ample parking with nine (9) covered spaces and six (6) guest parking spaces. Major employers in close proximity include the Downtown Mesa ASU Campus, Banner Health, Mesa Riverview, Casino Arizona, Mesa Community College, and the East Valley Institute of Technology.

Listing Details MLS# 7042105

Location, Tax & Legal

House Number: 416
Compass: N
Street Name: ROCA
St Suffix: --
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85213
Zip4: 7897
Country: US
County Code: Maricopa
Subdivision: UNIVERSITY VILLA EAST
Assessor Number: 140-11-372
Tax Year: 2025
Assessor's Map #: 11
Legal Description (Abbrev): LOT 11 UNIVERSITY VILLA EAST MCR 025319
Assessor's Parcel #: 372
Add'l Parcels: No
Tax Municipality: Mesa
Census Tract: 420704
Taxes: 3772
Legal: LOT 11 UNIVERSITY VILLA EAST MCR 025319
Marketing Name: Roca Apartments

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 132.15x124.36x98.59x98.64
Year Built: 1986
Uncvrd Parking Spcs: 6
Total # of Units: 7
# of Buildings: Yes
Zoning: RM-3
Elementary School District: Mesa Unified District
High School District: Mesa Unified District

Legal Info

Township: 1N
Range: 6E
Section: 17
Lot Number: 11

2 Bedroom Units

# 2 Bedroom Units: 7
Avg Rent: 1236
Avg SqFt: 857
# Baths: Yes

More Information

Income Expenses

Gross Annual Sch Inc: 98230
Net Operating Income: 72957

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes
Email: Yes
Phone Call: Yes

Project Type

5 - 12 Units: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Construction

Wood Frame: Yes

Const - Finish

Stucco: Yes

Roofing

Tile: Yes

Floors

Tile: Yes
Vinyl: Yes

Sale Includes

Building(s) Only: Yes
Land & Building: Yes
Laundry Equipment: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 3772
Other Income: 2065
Vacancy Allowance: 0
Adjusted Gross Inc: 100295

Pmt & Rate Info

Cap Rate: 5.96
Equity: 1225000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

None: Yes

Community Features

No Pool: Yes

Heating

Individual: Yes
Central: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Individual: Yes

Exterior Amenities

Desert Landscaping: Yes

Interior Features

Unfurnished: Yes

Tenant Pays

Electricity: Yes

Appliances Included

Disposal: Yes
Free-Standing Electric Oven: Yes
Microwave: Yes
Refrigerator: Yes
Built-In Range: Yes
W/D Hookup: Yes

Road Access Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

Carport: Yes
>1 Space Per Unit: Yes
Add'l Parking Avail: Yes

Electric

Individual Meter: Yes

Gas

None: Yes

Owner Pays

Water: Yes
Sewer: Yes
Trash Collection: Yes
Landscaping: Yes

New Financing

Cash: Yes
Conventional: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Property Features

Project Type: 5 - 12 Units Construction: Wood Frame Const - Finish: Stucco Roofing: Tile Floors: Tile; Vinyl Sale Includes: Building(s) Only; Land & Building; Laundry Equipment Community Features: No Pool Exterior Amenities: Desert Landscaping Interior Features: Unfurnished Appliances Included: Free-Standing Electric Oven; Built-In Range; Refrigerator; Disposal; Microwave; W/D Hookup Heating: Individual; Central Cooling: Ceiling Fan(s); Individual; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: Individual Meter Gas: None Parking Features: Carport; >1 Space Per Unit; Add'l Parking Avail Road Access Type: City Street Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None New Financing: Cash; Conventional Environmental: None

Listing Office: ABI Multifamily

Last Updated: July - 29 - 2026