Two-Bedroom Residential
For Sale
$205,000
1920 W Lindner Avenue 107, Mesa, AZ 85202
Single-level layout includes a covered patio and access to community amenities.
Property Size1,018 SF
Price / SF$201.38
Days on Market116
Property Features for 1920 W Lindner Avenue 107
General Information
Standard status
Active
Size
1,018 SF
Property subtype
Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$984
Amenities
pool
spa
lake
golf
Building Details
Building Size
1,018 SF
Year Built
1980
Listing Agency:
Bentley & Company Real Estate
Listed By:
Sue Bentley
(480) 766-3953
Source:
Inspiredrealestatelife
Added: Jul 10
Changed: Oct 27
Last Checked: Oct 31 at 2:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bentley & Company Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,018-square-foot condominium was built in 1980 and contains two bedrooms on one level. The kitchen features white shaker cabinets, a pantry, counter space, and built-in appliances. A primary suite has an ensuite bath and mirrored closet doors, while sliding glass doors connect the interior to a covered patio. Tile and carpet are used in the living spaces.
Community amenities include a pool, spa, lake, and golf. The property is located at 1920 W Lindner Avenue in Mesa, Arizona. Pets are not allowed; service animals are permitted.
Community amenities include a pool, spa, lake, and golf. The property is located at 1920 W Lindner Avenue in Mesa, Arizona. Pets are not allowed; service animals are permitted.
Key Highlights
- Two‑bedroom, single‑level condominium
- 1,018 square feet; built in 1980
- Covered patio accessed through sliding glass doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,961
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$159,220
$159.2K
Cap Rate 7%
$113,729
$113.7K
Cap Rate 9%
$88,456
$88.5K
Market Conditions
NOI Build-Up for 1,018 SF
Gross rent
$15.5K $15.24/SF
− Vacancy
−$1.0K −$1.02/SF
EGI
$14.5K $14.22/SF
− OpEx
−$6.5K −$6.40/SF
NOI
$8.0K $7.82/SF
Area
Mesa, AZ
Vacancy
6.70%
Lease Rate
$15.24 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$159,220
Cap Rate 7%
$113,729
Cap Rate 9%
$88,456
Alternative Uses
Best Use
Apartment 5plus
$113.7K
$99.5K – $132.7K
NOI $7,961 @ 7.0% cap · market cap 3.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$279.0K
$244.2K – $325.6K
NOI $19,533 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,015
Businesses Nearby
Explore this area
Business Placement
Demographics for 85202, AZ
39,626
Population
18,077
Households
2.2
Avg Household Size
34
Median Age
34%
College-Educated
91%
High-School Grad
6.2 sq mi
ZIP Area
6,391
Density / Sq Mi
$66,582
Median Household Income
$42,083
Median Earnings
$1,431
Median Rent
$334,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - Single-level layout includes a covered patio and access to community amenities.
Where is this residential income property located?
The property is located at 1920 W Lindner Avenue 107 Mesa, AZ.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Two‑bedroom, single‑level condominium; 1,018 square feet; built in 1980; Covered patio accessed through sliding glass doors
