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For Sale

Southwest Apartments

309 S Shouse,
Mesa, AZ 85204

Asset Snapshot

Upper Mid-Scale
Multifamily Subtype
1972
Year Built
2
Floor Count
6
Building Count
1.41 Acres
Land Area
40 Units
Unit Count
35,814 SF
Property Size

Offering Summary

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

How it Works

Need Help?

Your brokers are your first point of contact for any listing or process questions. For additional support:

Listing Syndicated From

Buildout
Accepting Offers
$6,500,000
Asking Price

Investment Sales Broker

Danny Lee
SVN | Desert Commercial Advisors

Market Insights