421 E 6th Dr - Apartments FOR SALE


Mesa, AZ 85204- Central Mesa
$450,000 USD
421 E 6th Dr, Mesa, AZ for Sale
$450,000 USD
Apartments - FOR SALE
1/10
null | 4.91% Cap Rate

421 E 6th Dr
Mesa, AZ 85204
Central Mesa


OVERVIEW

Duplex Investment Opportunity | Below Market Rents | Prime Central Mesa Location Grace Commercial Real Estate is proud to present Sunrise at 6th, a value-add duplex investment located in the heart of Mesa. This single-level, garden-style property features two spacious 2-bedroom, 1-bathroom units with private entrances and dedicated parking, making it an ideal asset for investors seeking long-term stability with rental upside. Investment Overview: Unit 1 is currently leased at $1,230 per month and was fully renovated in 2019, including new countertops, cabinetry, bathroom upgrades, fresh paint, updated doors, and closet hardware. The AC unit was replaced in 2023, and the unit includes an in-unit washer/dryer.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$299 USD /SF

# OF UNITS

2

PRICE/UNIT

$225,000

CAP RATE

4.91%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sunrise at 6th

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,131 SF

ZONING

-

APN/PARCEL ID

139-24-173

ASK ABOUT THIS PROPERTY

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