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$1,500,000
17 W University Dr, Mesa, AZ 85201
0 Beds
0 Baths
n/a sqft

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Great investment opportunity! Land consists of 3 parcels. Rezoned, Modern Architectural drawings and plans. City approval within 30 days for 46 apartment units. Bottom units can be converted to businesses with the new zoning. Located in the Downtown City Center Block's Opportunity Zone. High traffic area within walking distance to new ASU campus, public transportation, light rail and services. Ability to start construction in approximately 30 days. Buyer and buyers agent to verify all information. Parcel #s: 138-59-029, 138-59-027, 138-59-026 The plans included are for 2 buildings, 46 units, 2bd 2ba and 1bd 1.5 baswimming pool, parking and common areas. Expansionapproved on the combined parcels for 2 more buildings, 48 units. Listing consists of land and plans only.
  • Price:
  • $1,500,000
  • Acreage:
  • 0.90
  • Listing ID #:
  • 6219918
  • Street Address:
  • 17 W University Dr
  • City:
  • Mesa
  • State:
  • Arizona
  • Postal Code:
  • 85201
  • County:
  • Maricopa
  • Subdivision:
  • Mesa Arizona
  • Listing Status:
  • Under Contract-Backups
  • Listing Type:
  • LandDevelopedVacant
  • Construction Status:
  • Plans Included, Raw Land
  • Approximate Lot Size Range:
  • .50 - .99 Acres
  • Conforms To Zoning:
  • T4nf
  • Existing Land Use:
  • Other (see Rmks)
  • Lot Number:
  • 1
  • Lot Square Footage:
  • 39409.00
  • Suitable Use:
  • Multi-Family
  • Topography:
  • Level
  • Contingency Type:
  • Ucb (under Contract-Backups)
  • For Sale Or Lease?:
  • Sale
  • Terms:
  • Cash, Conventional
  • Property Taxes:
  • $6,182
  • Tax Year:
  • 2020
  • Electricity:
  • Srp
  • Existing Water:
  • City Franchise
  • Gas:
  • Sw Gas
  • Sewage Type:
  • Sewer - Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listings Provided by Delex Realty
  • ARMLS

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