4-unit property located in the Sun Gardens Apartments community in Mesa, AZ. Originally built in 1980, this property features a unique mix of (3) large 2-bedroom, 1.5-bathroom units, and (1) 3-bedroom, 2-bathroom unit along with (2) two-car garages. Each unit offers in-unit laundry hookups as well as access to shared amenities such as a community pool and assigned parking. All 4 units are also sub metered for water, allowing for utility bill back to the tenants. In addition to the implementation of RUBS, the asset also has considerable rental upside potential, as higher rents are supported throughout the community. New ownership will have the opportunity to acquire a well located and maintained asset with a favorable unit mix and potential for NOI growth.
Dwelling Type: Multiple Dwellings
Subdivision: SUN GARDENS REPLAT
Year Built: 1980, County: US
Listing is courtesy of Matthews Real Estate Investment Services