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409 E 9th Ave Mesa Arizona 85204

403 E 9th Ave Mesa Arizona

Investment Summary

Super location near freeway and Downtown Mesa, 409 E 9th Ave, Mesa, Arizona, easy Light Rail access and the many amenities in Downtown such as the newly re-engineered Pioneer Park as well as all the new development along Main Street. These are all 2 Bedroom Units, Single Level with fenced individual backyards. Lots of opportunity here for increase in rental rate.

The Offering

Price: $424,900
Cap Rate: 6%
No. Unit: 4

Building Size: 3,040 SF
Year Built: 1984
APN: 139-30-092

Financial Summary

Gross Rental Income$35,280
Effective Gross Income$34,574
Total Expenses$9,063
Net Operating Income$25,511

Unit Mix

DescriptionNo. UnitsAvg. RentSQ. FT.
2 Bed 1 Bath4$735760

409 E 9th Ave Mesa Arizona 85204

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