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Sold on 12/14/2018
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5925 E University Dr, Mesa, AZ 85205

  • $1,600,000

    Last sold 12/14/2018 after 120 Days

  • 28

    bed

  • 22

    bath

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

About 5925 E University Dr

Property type Multi-family
Neighborhood
Year built 1984
HOA fee $0/month
Property description
22 Units of 55+ apartments. 6 - 2 bedroom/bath units. 16 - 1 bedroom/bath units. $77,000 N.O.I. Hard to find and beautiful brick and block.
Listed by
Listing Agent - Joseph A. Farnsworth
Listing Office - Farnsworth Investments Inc
Source: ARMLS mls logo
MLS#5809367 • last updated 1 year ago
Movoto checked ARMLS for data 11 minutes ago
Overview
Cooling/AC Individual
Heating Individual
MLS # 5809367
Type Multiple Dwellings
Status Closed
Property Tax 8388
Year Built 1984
Interior
Flooring Carpet
Appliances Free-Standing Range, Dishwasher, Refrigerator
Exterior
Roof Composition
Construction Brick Veneer, Wood Frame, Block, Brick
Parking 1 Space/Unit, Carport
# of Covered Spaces 1
Amenities / Utilities
Water Source Individual Meter
Sewer/Septic Public Sewer
Location
Community Features Shuffle Brd/Lawn Bwl, Tennis Court(s), Exercise Room, Clubhouse, Pool
Elementary School District Mesa Unified District
High School District Mesa Unified District
APN 141-49-006-E
Zoning R-4
Directions Us 60 Exit On Power, Go North To University, West To Property
Multifamily Details
Total # of Units 22
Expense: Operating 56245.76
Financial Data Source Unknown
Expense: Insurance 5348
Net Operating Income 77475
Gross Income 161600
Expense: Electric 1015.94
Expense: Other 5700
Expense: Trash 6195.34
Expense: Professional Management 13832.59
Expense: Water/Sewer 7570.89
Gross Scheduled Income 161600
Expense: Gardener 7320
We are not permitted to show value estimates for this property.
  • Feb 2022
  • Feb 14, 2022 Listed
    $1,300/Mo (-99.9%)
  • Dec 2018
    mls logo MLS # 5809367
  • Dec 12, 2018 Sold
    $1,600,000
  • 5925 E University Dr
    $1.6M
  • East Mesa
    $499K
  • 85205
    $375K -6% y/y
  • Mesa
    $485K -2% y/y
No chart available
Statistics calculated by Movoto

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4/10
O'Connor Elementary School
public Grades PK, K-6
Mesa Unified School District
10/10
Franklin at Brimhall Elementary School
public Grades PK, K-6
Mesa Unified School District
8/10
Franklin Elementary School
public Grades PK, K-6
Mesa Unified School District
4/10
Shepherd Junior High School
public Grades 4-8
Mesa Unified School District
7/10
Red Mountain High School
public Grades 9-12
Mesa Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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