$5,000,000
Mesa, AZ 85201
MLS# 6363622
Status: Closed
40 beds | 200 baths
1 / 71
Property 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.
Details
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: US
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
Legal Info
Township: 1N
Range: 5E
Section: 9
Block: 1
Lot Number: 1
2 Bedroom Units
# 2 Bedroom Units: 20
Avg Rent: 1322.87
Avg SqFt: 820
# Baths: 10
Structure
Bedrooms Total: 40
Bathrooms Total: 200
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
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
Off Market Date: 2022-03-22
Under Contract Date: 2022-03-17
Close of Escrow Date: 2022-06-06
Sold Price: $5,000,000
Income Expenses
Net Operating Income: 242316.37
Property Features
Project Type: Four Plex; 13 - 24 Units
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Vinyl
Sale Includes: Building(s) Only
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Cable TV Available; Patio/Balcony; Separate Storage
Appliances Included: Free-Standing Range; Dishwasher; Disposal; Microwave; Washer/Dryer
Cooling: Ceiling Fan(s); Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: <1 Space Per Unit; Assigned
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity
Source of Fincl Data: Owner
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
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: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: VA; FHA; Conventional
Environmental: Other (See Remarks)
Listing Office: Urbanity Properties
Office Phone: 480-619-2792
Office Email: [email protected]
Last Updated: April - 07 - 2025
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