8232 E University Drive, Mesa, AZ 85207

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Sold Price
$1,349,990
List Price
$1,499,900
Status
CLOSED
Closing Date
May 18, 2026
Days on Market
476
MLS#
6967139
City
Mesa
Bedrooms
12
Bathrooms
48
Year Built
2026

Property Description

AMAZING INVESTMENT OPPORTUNITY!! This Brand New 4-Plex is in a brand new community. Close to the 202, this new community offers a beautiful common area, dog park, pickle-ball court, and more! Seller is offering a closing cost incentive as well! These wont last long! Starting at $1.5m!

Additional Information

Taxes
$843
Net Operating Income
$103,920
Cap Rate
6.93
Units
4
Flooring
Ceramic Tile
Parking Features
1 Space/Unit, On Street, >1 Space Per Unit, Garage Door Opener, Attached Garage
Construction
Wood Frame, Painted, Stucco, Board & Batten Siding, Lap Siding
Roofing
Composition, Metal
Cooling
Electric, Ceiling Fan(s)
Heating
Electric
Zoning
Residental
Exterior Features
Sidewalk(s)
Subdivision
Project 4
Community Features
Other
Electric
SRP
Water
City Franchise
Sewer
Public Sewer
Tenant Pays
See Remarks
New Financing
Conventional, 1031 Exchange, Cash

Courtesy of Balboa Realty, LLC. 602-899-6675 Selling Office: Balboa Realty, LLC.

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