505 N Williams - Apartments FOR SALE


Mesa, AZ 85203- Central Mesa
$1,200,000 USD
561-269-9525
505 N Williams, Mesa, AZ for Sale
$1,200,000 USD
Apartments - FOR SALE
1/47
null | 7.36% Cap Rate

505 N Williams
Mesa, AZ 85203
Central Mesa


OVERVIEW

We are excited to offer Eight on Williams in Mesa, the most affordably priced multifamily asset of it's class. This property is an excellent unit mix all two bedroom one bath units. This property has had paint, and a newer roof on the back building in recent years. Some units have granite counter tops updated kitchens flooring The garden style building in back has private yards. All units have covered parking. Some units have washer hook ups as well. This is an excellent rental property in Current rents are averaging 1200 a piece with room to raise. Pro-forma numbers provided as well as current rents. All facts and figures are approximate buyer verify MLS information. Drive by only, tenants are unaware of the sale. Property will be shown with an accepted offer.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$314 USD /SF

# OF UNITS

8

PRICE/UNIT

$150,000

CAP RATE

7.36%

% LEASED

80%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,813 SF

ZONING

R-4

APN/PARCEL ID

137-37-049

ASK ABOUT THIS PROPERTY

Sophia WilletsGRACE CREMore Info
561-269-9525

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Sophia WilletsGRACE CREMore Info
561-269-9525

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.