Investment Overview
Explore a prime investment opportunity in Mesa, AZ, with a 35,814 SF building boasting 40 units, ideal for a discerning multifamily/high-rise investor. This well-maintained property, constructed in 1972, offers the advantage of being zoned RM-4, providing flexibility for future development or expansion. Situated in the desirable Mesa area, this property presents an exceptional foundation for maximizing rental income and long-term value appreciation. Take advantage of this turnkey investment with high potential for growth and solid returns in one of the most sought-after locations for multifamily development.
Investment Highlights
- True Value-Add Opportunity Priced at $162.5K/Unit
- 25 Years Continuous Ownership
- Opportunity to Renovate Units & Increase Rental Income
- Superior Unit Mix of 2 & 3 Bedroom Units
- Ability to Install In-Suite Washer/Dryer Hook-ups