Seller Financing
Address
505 N Williams Street Mesa, AZ
Price
$ 1,350,000
Property Attributes
  • MLS#6218282
  • TypeBackup
  • CountyMARICOPA
  • CityMesa
  • NeighborhoodKo Ko Palms 2
  • Zip85203
  • Style
  • Year Built1963
  • Taxes$ 1570
  • Price$ 1,350,000
  • Bedrooms16
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage7200
Listing Provided Courtesy Of:
Grace CRE
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

We are pleased to announce Eight on Williams in Mesa. This property is excellent unit mix all two bedroom one bath units. Property has had some recent capital expenders. New roof on back building, new paint and landscaping. Some units have granite counter tops updated kitchens flooring and bathrooms. Garden building in back have private yards. All units have covered parking. Some units have washer hooks as well. Great opportunity for value you add. Current rents are below market 875-975. Market rents are 1,100-1,200. Projected proforma on property. All facts and figures are approximate buyer verify MLS information. Seller holds an active AZ real estate license. Drive by only tenants are unware of the sale. No showings without accepted contract.

Price History
4/8/2021 Listed $1,300,000

General Features

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 1.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block, Frame - Wood
Cooling Electric Refrigeratd
Electric SRP
Exterior Features Green Landscaping
Features No Pool
Gas Y/N Other (See Remarks)
Heating Other (See Remarks)
Interior Features Unfurnished
Map Code/Grid Q39
Net Income 78990.00
New Financing Seller May Carry
Owner Pays Sewer, Trash Collection, Water
Parking Carport
Property Type F
Roof Comp Shingle
School District 004 - Mesa Unified District
Sewer Sewer - Public
Special Owner/Agent
Status Active
Subdivision KO KO PALMS 2
Tenant Pays Electric
Water City Franchise
Year Built 1963
Zoning R

Interior Features

2 Bedroom Units: # 2 Bedroom Units 8
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 900
Appliances Included F/S Oven/Range, Refrigerator
Floors Carpet
Total Number of Units 8.00

Exterior Features

Public Remarks We are pleased to announce Eight on Williams in Mesa. This property is excellent unit mix all two bedroom one bath units. Property has had some recent capital expenders. New roof on back building
Sale Includes Land & Building, Personal Property
Const - Finish Painted
Covered Parking Spcs 8.00
Lot Size Dimensions IRR
Total Parking Spcs 8.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85203

Price
AVG $530K
$1.35M
Taxes
AVG $2,570
$1,570
Visits
AVG 45
52
Year Built
AVG 1978
1963

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