860 E BROWN Road 65, Mesa, AZ 85203
$827,750
Property Type:
Multiple Dwellings
Status:
UCB (Under Contract-Backups)
Current Price:
$827,750
Last Modified:
1/22/2026
Description
**WELL-MAINTAINED** 4-Plex is located in the HEART of Central-Mesa's multi-family market~The Sun Gardens Community was originally built-in 1980 & is a TURN-KEY, EXCEPTIONAL Investment Opportunity~Tenants enjoy, UPDATED/REMODELED units w/PRIVATE-YARD areas, GARAGE parking & (3) units have washer/dryer~The property has a UNIQUE-MIX of (3) LARGE 2/1.5 bath units w/(2) being TOWNHOME style & (1) 3/2 bath unit~Each building is sub-metered for water through HOA, this enables NEW Owner to BILL Tenants DIRECTLY for water & Tenants also pay electricity & gas - The HOA is FAVORABLE at $525 per mo., which includes sewer, trash, common-area maintenance & pool service~
Supplements: The Sun Gardens Community is close-to, such local-attractions as: The Oakland A's Spring Training facility, Mesa Country Club & Mesa Riverview shopping center!
More Information MLS# 6966306
Contract Info
Ownership: Fee Simple
Current Price: $827,750
List Price: $827,750
Status: UCB (Under Contract-Backups)
List Date: 2026-01-09
Location, Tax & Legal
Unit #: 65
Assessor's Map #: 9
Legal Description (Abbrev): LOT 10 SUN GARDENS REPLAT MCR
Assessor's Parcel #: 330
Add'l Parcels: No
Tax Municipality: Mesa
Census Tract: 420901
Taxes: 1748
Legal: LOT 10 SUN GARDENS REPLAT MCR
Marketing Name: 4-Plex + GARAGES
House Number: 860
Compass: E
Street Name: BROWN
St Suffix: Road
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85203
Zip4: 4944
County Code: Maricopa
Subdivision: SUN GARDENS REPLAT
Assessor Number: 137-09-330
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 72.27 x 52.78 x 72.27 x 52.78
Total # of Units: 4
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Elementary School: Edison Elementary School
Jr. High School: Kino Junior High School
High School: Westwood High School
Year Built: 1980
Zoning: MH=MULTI-FAMILY
Legal Info
Range: 5E
Section: 14
Township: 1N
Lot Number: 10
Project Type
Four Plex: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Composition: 1
Tile: 1
Floors
Tile: 1
Vinyl: 1
Ceramic Tile: 1
Carpet: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 4784
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 1342
Annual Mgmt Exp: 3120
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: Yes
Annual Ownr Asoc Fee: 6300
Annual Rplcmnt Rsrvs: 1500
Operating Exp: 18794
Other Income: 250
Vacancy Allowance: 0.25
Adjusted Gross Inc: 4627.5
Pmt & Rate Info
Cap Rate: 6.7
Equity: 827750
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Community Features
Pool: 1
Heating
Forced Air: 1
Heat Pump: 1
Electric: 1
Cooling
Ceiling Fan(s): 1
Electric: 1
Heat Pump: 1
Individual: 1
Exterior Amenities
Green Landscaping: 1
Desert Landscaping: 1
Fenced: 1
Cable TV Available: 1
Sidewalk(s): 1
Interior Features
Unfurnished: 1
Vertical Blinds: 1
Mini Blinds: 1
Breakfast Bar: 1
Tenant Pays
Gas: 1
Water: 1
Sewer: 1
Electricity: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Projected Proforma: 1
Road Responsibility
Private Maintained Road: 1
Water Source
Submetered System: 1
Sewer
Sewer - Public: 1
Parking Features
Detached Carport: 1
>1 Space Per Unit: 1
Garage Door Opener: 1
Add'l Parking Avail: 1
Electric
SRP: 1
Individual Meter: 1
Gas
City Gas: 1
Individual Meter: 1
Owner Pays
None: 1
New Financing
Cash: 1
Conventional: 1
1031 Exchange: 1
Existing 1st Loan
Conventional: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Non Assumable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Non Assumable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Non Assumable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Contact Info
List Agent Home Phn: 602-795-0341
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 1373
Avg SqFt: 960
# Baths: 15
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 1650
Avg SqFt: 1200
# Baths: 2
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Brown & Stapley
Directions: West on Brown past ''Sun Gardens'' monument sign & take next left into community, follow to back/North-side, look for sign 65-68, park-in open space North-side of bldg.
Geo Lat: 33.436487
Geo Lon: -111.811236
Income Expenses
Gross Annual Sch Inc: 5920
Net Operating Income: 55494
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Composition; Tile
Floors: Tile; Vinyl; Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: Pool
Exterior Amenities: Green Landscaping; Desert Landscaping; Fenced; Cable TV Available; Sidewalk(s)
Interior Features: Unfurnished; Vertical Blinds; Mini Blinds; Breakfast Bar
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Heating: Forced Air; Heat Pump
Cooling: Ceiling Fan(s); Electric; Heat Pump; Individual
Water Source: Submetered System
Sewer: Sewer - Public
Electric: SRP; Individual Meter
Gas: City Gas; Individual Meter
Parking Features: >1 Space Per Unit; Detached Carport; Garage Door Opener; Add'l Parking Avail
Road Surface Type: Asphalt
Road Responsibility: Private Maintained Road
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity; Gas; Cable TV
Source of Fincl Data: Owner; Projected Proforma
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Existing 1st Loan: Conventional
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Non Assumable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Non Assumable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Non Assumable
Existing Othr Ln Trm: Not Applicable
New Financing: Cash; Conventional; 1031 Exchange
Environmental: None
LOE ›
Listing Office:
CTS Realty
Last Updated: January - 22 - 2026
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