Sun Court

5825 E. University,
Mesa, AZ 85205

16 Units- Excellent Unit Mix

$2,400,000
Offering Price
15.07
GRM
$150,000
Price Per Unit
16
Number of Units
5.40%
Cap Rate
12,928
Building SF
$2,400,000
Offering Price
15.07
GRM
$150,000
Price Per Unit
16
Number of Units
5.40%
Cap Rate
12,928
Building SF

Unique Sweet 16

  • These Red Brick Beautiful Buildings Feature 8-2 Bedroom Units and 8-1 Bedroom Units, 100% Rented and Rarely a Vacancy. Many Long Term Occupants of 5 Years or More Up to 12 Years. Each Unit has a Private Patio, Full Size Washer/Dryer Hook-up. Interiors Well Kept and Separately Metered for Electric. Each Building Has it's Own Parcel Number 141-49-006-P,Q,R & S.
  • This Property has Been Owner Operated for Approximately the Last 17 Years. Owner has Serviced Air Conditioners Annually and All Appear to be in Working Condition. Property is in the County, Although Water & Sewer is Serviced by City of Mesa.

Super Location

  • Sun Court Apartments is Located at 5825 (B) E. University, Mesa, Arizona 85205, Adjacent to Dreamland Villa a Retirement Community. Lots of Shopping Within Minutes as well as 2 Freeways, the Red Mountain Freeway and the Superstition Freeway. You May Also Walk or Bus Wherever You Like. Hospitals and Medical Centers Close by. In Addition You are Just a Short Ride to the Salt River or Saguaro Lake.
FOR MORE DETAILS CONTACT
Steven Fowler
Designated Broker
(480) 649-3536
sjfowler@sjfowler.com
BR012851000
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