Movoto Real Estate
Sold on 04/05/2018

5233 E University Dr E #P, Mesa, AZ 85205

  • $800,000

    Last sold 04/05/2018 after 220 Days

  • 16

    bed

  • 12

    bath

Multi-family not for sale
24 homes bought nearby with Movoto recently

About 5233 E University Dr E #P

Property type Multi-family
Neighborhood
Year built 1966
HOA fee $0/month
Property description
Dreamland Villa Apartments are in a 55 plus community with out the HOA. All block construction and have central air condtioners. Current rents are 500-550 way below market. Proforma rents are 600-750. Carport parking and super close to freeways. Super nice clean landscaping for lower maintenance and upkeep. Longer term tenants. Seller is motivated and bring your offer's now. All facts and are apporximate buyer verify MLS information.
Listed by
Listing Agent - Brian Tranetzki
Listing Office - Taylor Street Advisors
Source: ARMLS mls logo
MLS#5653020 • last updated 7 years ago
Movoto checked ARMLS for data 4 minutes ago
Overview
Cooling/AC Electric
Heating Natural Gas
MLS # 5653020
Type Multiple Dwellings
Status Closed
Property Tax 4430
Year Built 1966
Interior
Flooring Other
Appliances Refrigerator
Exterior
Roof Composition
Construction Painted, Stucco, Block
Parking 1 Space/Unit, On Street
# of Open Parking Spaces 12
# of Covered Spaces 12
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Septic Tank
Location
Subdivision DREAMLAND VILLA 4
Community Features Other, See Remarks, No Pool
Elementary School District Mesa Unified District
High School District Mesa Unified District
APN 141-75-096-Q
Zoning C-2
Directions Head N On Higley Make Right On University Dr Building Will Be On Right
Multifamily Details
Total # of Units 12
Expense: Operating 31376
Financial Data Source Projected Proforma
Expense: Maintenance 9600
Vacancy Allowance 0.05
Expense: Insurance 3000
Net Operating Income 57544
Gross Income 88920
Expense: Electric 550
Expense: Other 4396
Expense: Trash 3000
Expense: Water/Sewer 6000
Gross Scheduled Income 93600
Expense: Gardener 400
We are not permitted to show value estimates for this property.
  • Apr 2018
    mls logo MLS # 5653020
  • Apr 5, 2018 Sold
    $800,000 (-1.2%)
  • Aug 28, 2017 Listed
    $810,000
  • 5233 E University Dr E #P
    $800K
  • East Mesa
    $499K
  • 85205
    $384K 0% y/y
  • Mesa
    $489K -2% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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