Fourplex with New Roof and
2020 N Hunt Cir Mesa, AZ 85203
For Sale
Contact for pricing
Well-maintained fourplex with 2-bedroom, 1-bath units, a brand new roof, and recently replaced windows.
Property Size3,264 SF
Price / SF$214.15
Days on Market116
Property Features for 2020 N Hunt Cir
General Information
- Standard status
- Active
- Size
- 3,264 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1983
Listing Agency:
Keller Williams Arizona Realty
(480) 767-3000
Listed By:
Richard Horst · License #AZ
Source:
Crexi
Added: Apr 1
Changed: Jul 21
Last Checked: Jul 24 at 11:52AM
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 Keller Williams Arizona Realty
Investment Insights
Based on property information with market context.
This well-maintained fourplex offers four separate 2-bedroom, 1-bath units. The property was improved with a brand new roof installed 3/3/26 and all new windows. There is no HOA, and the building is fully tenant occupied.
All tenants are on month-to-month arrangements, which provides operational flexibility for future rent adjustments. The property is situated in a desirable Mesa 85203 neighborhood near local shops, dining, schools, and provides easy freeway access.
Each unit follows the same practical 2-bedroom, 1-bath layout, supporting consistent leasing and property management.
All tenants are on month-to-month arrangements, which provides operational flexibility for future rent adjustments. The property is situated in a desirable Mesa 85203 neighborhood near local shops, dining, schools, and provides easy freeway access.
Each unit follows the same practical 2-bedroom, 1-bath layout, supporting consistent leasing and property management.
Key Highlights
- Well‑maintained fourplex built in 1983, with 2‑bedroom, 1‑bath units
- Brand new roof dated 3/3/26
- All new windows (recently replaced)
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.3k | $13.56 |
| − Vacancy | −$2.8k | −$0.86 |
| EGI | $41.4k | $12.70 |
| − OpEx | −$12.4k | −$3.81 |
| NOI | $29.0k | $8.89 |
3,264 SF · lease $13.56/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$414.4K
$362.6K – $483.5K
NOI $29,008 @ 7.0% cap · market cap 4.15%
Second Best
Apartment 5plus
$364.7K
$319.1K – $425.4K
NOI $25,526 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$894.7K
$782.9K – $1.04M
NOI $62,628 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Well-maintained fourplex with 2-bedroom, 1-bath units, a brand new roof, and recently replaced windows.
Where is this quadplex located?
The property is located at 2020 N Hunt Cir Mesa, AZ.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Well‑maintained fourplex built in 1983, with 2‑bedroom, 1‑bath units; Brand new roof dated 3/3/26; All new windows (recently replaced)
