$3,000,000
448 S MESA Drive
Mesa, AZ 85210
MLS# 5588895
63 beds  |  42 baths


Villa Del Prado_Exterior
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Property DescriptionVilla Del Prado is a 44-unit garden-style apartment community located in a desirable central Mesa neighborhood. Built in 1983, the property is made of wood frame and stucco construction with pitched tile roofs and is individually- metered for electricity. The property has a unit mix consisting of one and two-bedroom floor plans that are spacious, well designed and average approximately 707 square feet. Interior unit features include fully appointed kitchens with electric appliances, ceramic tile flooring, window shade screens, mini blinds, ample closet space and ceiling fans.
Details
Contract Info
Current Price: $2,900,000
List Price: $3,000,000
Status: Closed
List Date: 2017-04-11
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: Q39
House Number: 448
Compass: S
Street Name: MESA
St Suffix: Drive
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85210
Zip4: 2704
Country: US
County Code: Maricopa
Subdivision: ALMOND PLACE
Assessor Number: 139-36-035
Tax Year: 2016
General Property Description
Lot Size Dimensions: 238.50' x 270'
Year Built: 1983
Uncvrd Parking Spcs: 60
Total # of Units: 44
# of Buildings: 7
Zoning: RM-4
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Legal Info
Township: 1N
Range: 5E
Section: 27
Block: 1
Lot Number: 4
1 Bedroom Units
# 1 Bedroom Units: 21
Avg Rent: 575
Avg SqFt: 600
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 21
Avg Rent: 675
Avg SqFt: 800
# Baths: 1
Structure
Bedrooms Total: 63
Bathrooms Total: 42
Income & Expenses
Gross Annual Sch Inc: 331,200
Net Operating Income: 184,392
Contact Info
List Agent Home Phn: 602-735-5634
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Remarks Misc
Geo Lat: 33.406528
Geo Lon: -111.823541
Status Change Info
Off Market Date: 2017-11-08
Under Contract Date: 2017-10-24
Close of Escrow Date: 2017-12-08
Sold Price: $2,900,000
Property Features
Project Type: 25 - 50 Units
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Tile
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: Pool; Barbecue
Exterior Amenities: Landscape Water System; Green Landscaping; Patio/Balcony
Interior Features: Unfurnished; Mini Blinds
Appliances Included: Refrigerator; Free-Standing Range
Heating: Individual
Cooling: Electric; Individual
Water Source: City Franchise
Sewer: Sewer - Public
Electric: Individual Meter
Gas: SW Gas
Parking Features: 1 Space/Unit; Paved
Road Surface Type: Asphalt
Owner Pays: Water; Gas
Tenant Pays: Electricity
Source of Fincl Data: Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
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: Conventional
Environmental: None
IDX
Listing Office: CBRE, Inc

Last Updated: December - 09 - 2017

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