Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$5,000,000
Last Modified:
8/15/2022
Search
1645 N DATE Street, Mesa, AZ 85201
$5,000,000
Description
Featuring 5 out of the 6
buildings of the multifamily complex located at 1645
N Date near Downtown Mesa. Each building is 2 stories and consist of (4) 2-Bedroom/1-Bath units. These newly renovated
(20) 2-Bedroom/1-Bath units feature upgraded flooring
throughout, in-unit laundry, beautifully remodeled galley
kitchens complete with new appliances and new
white cabinetry.
This property is located in the deirable neighborhood
of west Mesa and close to everything imaginable.
Residents enjoy the accessibility to downtown Mesa's
museums, theaters, and nightlife: ASU, Mesa Riverview,
Tempe Marketplace, Tempe Town Lake, Downtown
Mesa, and the new Chicago Cubs Stadium. Accessible
freeways: 202, 101, and the 60.]
Management continues to increase rents. Offering In Documents tab.
More Information MLS# 6363622
Contract Info
Current Price: $5,000,000
Sold Price: $5,000,000
Status: Closed
List Date: 2022-03-03
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: Q38
House Number: 1645
Compass: N
Street Name: DATE
St Suffix: Street
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85201
Zip4: 2160
Country: USA
County Code: Maricopa
Subdivision: MCLELLAN ACRES BLK 2
Assessor Number: 135-11-008-M
Tax Year: 2021
General Property Description
Lot Size Dimensions: 7013
Year Built: 1984
Uncvrd Parking Spcs: 40
Total # of Units: 20
# of Buildings: 5
Zoning: M-H
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Elementary School: Whitman Elementary School
Jr. High School: Carson Junior High School
High School: Westwood High School
Remarks Misc
Cross Street: Country Club Dr & McKellips Rd
Directions: Head south on Country Club Dr, West on Ivyglen St, South on Date. Complex is on the corner lot at the left side.
Geo Lat: 33.445422
Geo Lon: -111.843687
Status Change Info
Status Change Date: 2022-06-07
Off Market Date: 2022-03-22
Under Contract Date: 2022-03-17
Close of Escrow Date: 2022-06-06
Sold Price: $5,000,000
Legal Info
Township: 1N
Range: 5E
Section: 9
Block: 1
Lot Number: 1
Income Expenses
Net Operating Income: 242316.37
2 Bedroom Units
# 2 Bedroom Units: 20
Avg Rent: 1322.87
Avg SqFt: 820
# Baths: 10
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: Four Plex; 13 - 24 Units
Construction: Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Comp Shingle
Floors: Vinyl
Sale Includes: Building(s) Only
Community Amenities: No Pool
Exterior Amenities: Desert Landscaping; Cable TV Available; Patio/Balcony; Separate Storage
Appliances Included: F/S Oven/Range; Dishwasher; Disposal; Microwave; Washer/Dryer
Cooling: Ceiling Fan(s); Central A/C
Water: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking: <1 Space Per Unit; Assigned
Owner Pays: Water; Trash Collection
Tenant Pays: Electric
Source of Fincl Data: Provided by Owner
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: VA; FHA; Conventional
Environmental: Other (See Remarks)
Listing Office: Urbanity Properties
Last Updated: August - 15 - 2022
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.