NOT LISTED FOR SALE

2610 N Recker Rd Mesa, AZ 85215

58 Beds
-- Bath
-- Sq Ft
1984 Built

Last Sold March 26, 2014

Last sale price $1,310,000

116 Days on Market

Highlights

  • Heated Community Pool
  • Cooling Available
  • Heating Available
  • Bush Elementary School Rated A-
  • Resident Manager or Management On Site

About This Home

As of March 2014

LOCATION! LOCATION! THIS IS A GREAT OPPORTUNITY TO OWN A MULTI-UNIT INVESTMENT PROPERTY IN AN AREA ATTRACTIVE TO RENTERS. THIS PROPERTY IS CONVENIENTLY LOCATED CLOSE TO THE 202 FWY, LAS SENDAS & RED MOUNTAIN AREA, AND BOEING. FEATURES INCLUDE: UPDATED POOL, NEW ROOF, FEW REMODELED UNITS, LAUNDRY FACILITY (EQUIPMENT OWNED BY OWNER), REMODELED MANAGER'S OFFICE, & PROFESSIONALLY INSTALLED CAMERAS ONSITE. CURRENTLY THIS PROPERTY IS BEING MANAGED AND MAINTAINED BY OWNER. PLEASE NOTE THAT ALL FINANCIAL INFORMATION HAS BEEN PROVIDED BY OWNER AND IS CALCULATED USING SCHEDULED RENTAL INCOME.OTHER INCOME FROM LAUNDRY FACILITY NOT INCLUDED IN THE FINANCIALS PROVIDED. BUYER TO CONDUCT ALL INSPECTIONS (INCLUDING FINANCIAL) DURING INSPECTION PERIOD. PLEASE DO NOT DISTURB TENANTS, DRIVE BY ONLY

Last Listed By

Nycole Leyba

Better Homes & Gardens Real Estate SJ Fowler License #SA561315000 Listed on: 09/16/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,803

Year Built

  • Built in 1984

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Assessor Parcel Number 141-43-831-A

Community Details

Overview

  • 3 Buildings
  • 29 Units
  • Building Dimensions are 1.14

Recreation

  • Heated Community Pool

Additional Features

  • Net Operating Income $133,901
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,803

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: RECKER & MCDOWELL
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI FAMILY
  • Number Of Buildings: 3
  • Year Built: 1984
  • Tax Year: 2012
  • Directions: FROM MCDOWELL, SOUTH ON RECKER, PROPERTY IS ON THE WEST SIDE OF RECKER
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Condo/Co-op/Association

  • Community Features: Manager Res/Office, Pool
  • Amenities: Other

Association/Amenities

  • Community Amenities:Pool2: Yes
  • Community Amenities:Manager ResOffice: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Fee Information

  • Annual Water Sewer Expense: 20400.0

Lot Info

  • Lot Size: 1.14
  • Additional Parcels: No
  • Parcel #: 141-43-831-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 29
  • Insurance Expense: 5225.0
  • Maintenance Expense: 12000.0
  • Property Net Operating Income: 133900.65
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 7802.68
  • Tax Book Number: 141.00
  • Tax Lot: N/A

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2014 03/26/14 Sold $1,310,000 -11.5% --
01/10/2014 01/10/14 Pending -- -- --
09/16/2013 09/16/13 For Sale $1,480,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4999518

Arizona Regional Multiple Listing Service (ARMLS)