854 N STAPLEY Drive, Mesa, AZ 85203
$670,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$670,000
Last Modified:
4/27/2026
Overview
Description
Listing Details MLS# 5684913
Location, Tax & Legal
- Map Code/Grid
- Q39
- House Number
- 854
- Compass
- N
- Street Name
- STAPLEY
- St Suffix
- Drive
- City/Town Code
- Mesa
- State/Province
- AZ
- Zip Code
- 85203
- Zip4
- 5600
- Country
- US
- County Code
- Maricopa
- Assessor Number
- 137-30-087-A
- Tax Year
- 2016
- Assessor's Map #
- 30
- Assessor's Parcel #
- 87
- Assessor Parcel Ltr
- A
- Add'l Parcels
- Yes
- Tax Municipality
- Mesa
- Taxes
- 1940
- Legal
- MESA STARLITE GARDENS MCR 99/11 TR A N2 EX W 4F P /D 12855/355
- Marketing Name
- North Mesa 8 Plex
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- See Plat Map
- Year Built
- 1978
- Uncvrd Parking Spcs
- 4
- Total # of Units
- 8
- # of Buildings
- 2
- Zoning
- R-3
- Elementary School District
- Mesa Unified District
- High School District
- Mesa Unified District
Remarks Misc
- Cross Street
- 9th St & Stapley Drive
- Directions
- Loop 202 to Mckellips, East to Stapley Drive, South to property
Status Change Info
- Off Market Date
- 2017-12-12
- Under Contract Date
- 2017-11-22
- Close of Escrow Date
- 2017-12-21
Legal Info
- Lot Number
- ---
More Information
Income Expenses
- Gross Annual Sch Inc
- 74400
- Net Operating Income
- 48191
1 Bedroom Units
- # 1 Bedroom Units
- 2
- Avg Rent
- 650
- Avg SqFt
- 650
- # Baths
- Yes
2 Bedroom Units
- # 2 Bedroom Units
- 6
- Avg Rent
- 825
- Avg SqFt
- 825
- # Baths
- Yes
Sold Info
- Loan Type
- Cash
- Payment Type
- Other
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Project Type
- 5 - 12 Units
- Yes
Construction
- Wood Frame
- Yes
Const - Finish
- Painted
- Yes
- Stucco
- Yes
Roofing
- Composition
- Yes
Floors
- Vinyl
- Yes
- Ceramic Tile
- Yes
- Carpet
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Gas Exp
- 0
- Annual Ins Exp
- 4023
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 0
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 2700
- Annual Mgmt Exp
- 5654
- Annual Trash Exp
- 1500
- Annual Wtr/Swr Exp
- 4500
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 2000
- Annual Other Expense
- 1272
- Operating Exp
- 23589
- Other Income
- 1100
- Vacancy Allowance
- 0.05
- Adjusted Gross Inc
- 71725
Pmt & Rate Info
- Cap Rate
- 6.22
- Down Payment
- 231250
- Equity
- 775000
- Down Payment %
- 29.84
- Monthly Payments
- 3178.75
- Total Owed
- 0
- Assessment Balance
- 0
Community Features
- No Pool
- Yes
- Other
- Yes
- See Remarks
- Yes
Heating
- Heat Pump
- Yes
- Electric
- Yes
Cooling
- Electric
- Yes
- Heat Pump
- Yes
- Individual
- Yes
Exterior Amenities
- Patio/Balcony
- Yes
- Separate Storage
- Yes
- Security Light(s)
- Yes
Interior Features
- Mini Blinds
- Yes
Tenant Pays
- Electricity
- Yes
Appliances Included
- Other
- Yes
Road Access Type
- Alley
- Yes
Source of Fincl Data
- Owner
- Yes
- Projected Proforma
- Yes
Water Source
- City Franchise
- Yes
- Master Meter
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- 1 Space/Unit
- Yes
Electric
- City Electric
- Yes
- Individual Meter
- Yes
Gas
- None
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
New Financing
- Conventional
- Yes
- 1031 Exchange
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Existing 2nd Loan
- Treat as Free&Clear
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Treat as Free&Clear
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- None
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Efficiency Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
5 - 12 Units
Construction:
Wood Frame
Const - Finish:
Painted; Stucco
Roofing:
Composition
Floors:
Vinyl; Ceramic Tile; Carpet
Sale Includes:
Land & Building
Community Features:
No Pool; Other; See Remarks
Exterior Amenities:
Patio/Balcony; Separate Storage; Security Light(s)
Interior Features:
Mini Blinds
Appliances Included:
Other
Heating:
Heat Pump
Cooling:
Electric; Heat Pump; Individual
Water Source:
City Franchise; Master Meter
Sewer:
Sewer - Public
Electric:
City Electric; Individual Meter
Gas:
None
Parking Features:
1 Space/Unit
Road Access Type:
Alley
Owner Pays:
Water; Trash Collection
Tenant Pays:
Electricity
Source of Fincl Data:
Owner; Projected Proforma
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; 1031 Exchange
Environmental:
None
Listing Office:
Kasten Long Commercial Group
Last Updated: April - 27 - 2026
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