5233 E UNIVERSITY Drive E P, Mesa, AZ 85205
$800,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$800,000
Last Modified:
11/19/2018
Overview
Description
Listing Details MLS# 5653020
Location, Tax & Legal
- Map Code/Grid
- R41
- House Number
- 5233
- Compass
- E
- Street Name
- UNIVERSITY
- St Suffix
- Drive
- St Dir Sfx
- E
- City/Town Code
- Mesa
- State/Province
- AZ
- Zip Code
- 85205
- Zip4
- 7303
- Country
- US
- County Code
- Maricopa
- Subdivision
- DREAMLAND VILLA 4
- Assessor Number
- 141-75-096-Q
- Tax Year
- 2016
- Unit #
- P
- Building Number
- P&J
- Assessor's Map #
- 75
- Legal Description (Abbrev)
- TRACT G DREAMLAND VILLA 4 MCR 009215
- Assessor's Parcel #
- 96
- Assessor Parcel Ltr
- Q
- Add'l Parcels
- No
- Tax Municipality
- Maricopa - COUNTY
- Census Tract
- 420214
- Taxes
- 4430
- Legal
- TRACT G DREAMLAND VILLA 4 MCR 009215
- Marketing Name
- DREAMLAND VILLA
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 33759
- Year Built
- 1966
- Uncvrd Parking Spcs
- 12
- Total # of Units
- 12
- # of Buildings
- 2
- Zoning
- C-2
- Elementary School District
- Mesa Unified District
- High School District
- Mesa Unified District
Remarks Misc
- Cross Street
- Higley and University dr
- Directions
- Head N on Higley make right on University dr building will be on right
Status Change Info
- Off Market Date
- 2018-04-05
- Under Contract Date
- 2018-02-16
- Close of Escrow Date
- 2018-04-02
Legal Info
- Township
- 1N
- Range
- 6E
- Section
- 23
- Lot Number
- NA
More Information
Income Expenses
- Gross Annual Sch Inc
- 93600
- Net Operating Income
- 57544
1 Bedroom Units
- # 1 Bedroom Units
- 8
- Avg Rent
- 600
- Avg SqFt
- 650
- # Baths
- Yes
2 Bedroom Units
- # 2 Bedroom Units
- 4
- Avg Rent
- 750
- Avg SqFt
- 850
- # Baths
- Yes
Contact Info
- List Agent Home Phn
- 480-298-5154
Sold Info
- Loan Type
- Conventional
- Loan Years
- 30
- Payment Type
- Fixed
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Project Type
- 5 - 12 Units
- Yes
Other Type
- Packaged Offering
- Yes
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
- Stucco
- Yes
Roofing
- Composition
- Yes
Floors
- Other
- Yes
Sale Includes
- Building(s) Only
- Yes
Income & Expenses
- Annual Elec Exp
- 550
- Annual Gas Exp
- 0
- Annual Ins Exp
- 3000
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 400
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 9600
- Annual Mgmt Exp
- 0
- Annual Trash Exp
- 3000
- Annual Wtr/Swr Exp
- 6000
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 4396
- Operating Exp
- 31376
- Other Income
- 0
- Vacancy Allowance
- 0.05
- Adjusted Gross Inc
- 88920
- Total Monthly Rental Income
- 7800
Pmt & Rate Info
- Cap Rate
- 7.1
- Down Payment
- 0
- Equity
- 810000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Community Features
- No Pool
- Yes
- Other
- Yes
- See Remarks
- Yes
Heating
- Natural Gas
- Yes
Cooling
- Electric
- Yes
Tenant Pays
- Electricity
- Yes
Appliances Included
- Refrigerator
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Projected Proforma
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Septic Tank
- Yes
Parking Features
- On Street
- Yes
- 1 Space/Unit
- Yes
Electric
- SRP
- Yes
Gas
- None
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
New Financing
- Cash to Loan
- Yes
- Conventional
- Yes
- No Carry
- Yes
- 1031 Exchange
- Yes
- Other (See Remarks)
- Yes
Existing 1st Loan
- Other (See Rmks)
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Existing 2nd Loan
- Other (See Remarks)
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Other (See Remarks)
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- Other (See Remarks)
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Efficiency Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
5 - 12 Units
Other Type:
Packaged Offering
Construction:
Block
Const - Finish:
Painted; Stucco
Roofing:
Composition
Floors:
Other
Sale Includes:
Building(s) Only
Community Features:
No Pool; Other; See Remarks
Appliances Included:
Refrigerator
Heating:
Natural Gas
Cooling:
Electric
Water Source:
City Franchise
Sewer:
Septic Tank
Electric:
SRP
Gas:
None
Parking Features:
On Street; 1 Space/Unit
Road Surface Type:
Asphalt
Owner Pays:
Water; Trash Collection; Landscaping
Tenant Pays:
Electricity
Source of Fincl Data:
Projected Proforma
Existing 1st Loan:
Other (See Rmks)
Existing 1st Loan Type:
Not Applicable
Existing 1st Loan Terms:
Not Applicable
Existing 2nd Loan:
Other (See Remarks)
Existing 2nd Loan Type:
Not Applicable
Existing 2nd Loan Terms:
Not Applicable
Existing 3rd Loan:
Other (See Remarks)
Existing 3rd Loan Type:
Not Applicable
Existing 3rd Loan Terms:
Not Applicable
Existing Othr Ln Trm:
Not Applicable
New Financing:
Cash to Loan; Conventional; No Carry; 1031 Exchange; Other (See Remarks)
Environmental:
None
Listing Office:
Taylor Street Advisors
Last Updated: November - 19 - 2018
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