819 N REVERE, Mesa, AZ 85201

$1,400,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $1,400,000 Last Modified: 4/08/2025

Overview

Description

VERY MOTIVATED SELLERS! Bring all reasonable offers! Eucalyptus Manor has a unit mix consisting of one and two bedroom floor plans. Each unit is individually metered for electricity. Conveniently located near the 202 and 101.

Listing Details MLS# 5670884

Location, Tax & Legal

Map Code/Grid
Q38
House Number
819
Compass
N
Street Name
REVERE
St Suffix
--
City/Town Code
Mesa
State/Province
AZ
Zip Code
85201
Zip4
4051
Country
US
County Code
Maricopa
Subdivision
COLONIAL MANOR - MESA PHASE 1 D/P 4790-344 AMD 03-
Assessor Number
135-17-023-H
Tax Year
2016
Assessor's Map #
17
Legal Description (Abbrev)
TRACT 1 COLONIAL MANOR - MESA PHASE 1 D/P 4790-344 AMD 03- MCR 000007
Assessor's Parcel #
23
Assessor Parcel Ltr
H
Add'l Parcels
No
Tax Municipality
Mesa
Census Tract
421102
Taxes
6310
Legal
TRACT 1 COLONIAL MANOR - MESA PHASE 1 D/P 4790-344 AMD 03- MCR 000007
Marketing Name
Eucalyptus Manor

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
.68 acres
Year Built
1970
Total # of Units
22
# of Buildings
Yes
Zoning
Multi
Elementary School District
Mesa Unified District
High School District
Mesa Unified District
Elementary School
Whittier Elementary School
Jr. High School
Carson Junior High School
High School
Westwood High School
Uncvrd Parking Spcs
0

Remarks Misc

Cross Street
Country Club Dr and 8th St.
Directions
South on Country Club, west on 8th Street, north on Revere

Status Change Info

Off Market Date
2017-10-24
Under Contract Date
2017-10-20
Close of Escrow Date
2017-12-22

Legal Info

Township
1N
Range
5E
Section
16

More Information

Efficiency Units

# Efficiency Units
Yes
Avg Rent
420
Avg SqFt
430
# Baths
Yes

1 Bedroom Units

# 1 Bedroom Units
14
Avg Rent
560
Avg SqFt
603
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
7
Avg Rent
630
Avg SqFt
813
# Baths
Yes

Income Expenses

Gross Annual Sch Inc
130000
Net Operating Income
88270

Contact Info

List Agent Home Phn
520-233-2894

Sold Info

Loan Type
Conventional
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

13 - 24 Units
Yes

Construction

Block
Yes
Wood Frame
Yes

Const - Finish

Painted
Yes

Roofing

Composition
Yes

Floors

Vinyl
Yes
Ceramic Tile
Yes
Carpet
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Elec Exp
2470
Annual Gas Exp
0
Annual Ins Exp
5760
Annual Land Lse Exp
0
Annual Landscape Exp
3000
Annual Legal & Acctg
300
Annual Maint Exp
4342
Annual Mgmt Exp
0
Annual Trash Exp
0
Annual Wtr/Swr Exp
15750
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
0
Operating Exp
37932
Other Income
2035
Vacancy Allowance
0.03
Adjusted Gross Inc
128073.95
Total Monthly Rental Income
10745

Pmt & Rate Info

Cap Rate
5.59
Down Payment
0
Equity
1580000
Down Payment %
0
Monthly Payments
0
Total Owed
0
Assessment Balance
0

Community Features

No Pool
Yes
Manager Res/Office
Yes

Heating

Heat Pump
Yes
Electric
Yes
Individual
Yes

Cooling

Central Air
Yes

Exterior Amenities

Landscape Water System
Yes
Partially Fenced
Yes
Separate Storage
Yes

Interior Features

Unfurnished
Yes

Tenant Pays

Electricity
Yes
Cable TV
Yes

Appliances Included

Refrigerator
Yes
Built-In Range
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes
Master Meter
Yes

Sewer

Sewer - Public
Yes

Parking Features

Carport
Yes
1 Space/Unit
Yes
Paved
Yes

Electric

SRP
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes
Landscaping
Yes

New Financing

Conventional
Yes

Existing 1st Loan

Conventional
Yes
Treat as Free&Clear
Yes

Existing 1st Loan Type

Fixed
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

Seller Prop Disc Stm
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: 13 - 24 Units Construction: Block; Wood Frame Const - Finish: Painted Roofing: Composition Floors: Vinyl; Ceramic Tile; Carpet Sale Includes: Land & Building Community Features: No Pool; Manager Res/Office Exterior Amenities: Landscape Water System; Partially Fenced; Separate Storage Interior Features: Unfurnished Appliances Included: Built-In Range; Refrigerator Heating: Individual; Heat Pump Cooling: Central Air Water Source: City Franchise; Master Meter Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: Carport; 1 Space/Unit; Paved Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner Existing 1st Loan: Conventional; Treat as Free&Clear Existing 1st Loan Type: Fixed 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: Conventional Environmental: None
IDX
Listing Office: US Preferred Realty
Last Updated: April - 08 - 2025
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