53 N San Jose - Apartments FOR SALE


Mesa, AZ 85201- Central Mesa
$700,000 USD
602-418-1116
53 N San Jose, Mesa, AZ for Sale
$700,000 USD
Apartments - FOR SALE
1/9
null | 3.95% Cap Rate

53 N San Jose
Mesa, AZ 85201
Central Mesa


HIGHLIGHTS

  • Convenient parking
  • Walking distance to public transportation
  • Laundry room inn place for added revenue.

OVERVIEW

Value add 4-plex in the heart of Mesa. All units leased to long term tenants. Three leases are month to month leaving room for increased rent on fresh leases. Laundry room in place needs new equipment setting up for additional revenue. Deferred maintenance. Low vacancy area close to light rail and local amenities.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$232 USD /SF

# OF UNITS

4

PRICE/UNIT

$175,000

CAP RATE

3.95%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,051 SF

ZONING

M-H

APN/PARCEL ID

135-47-081,135-47-082

ASK ABOUT THIS PROPERTY

Randy ErwinCentury 21 Arizona FoothillsMore Info
602-418-1116

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Randy ErwinCentury 21 Arizona FoothillsMore Info
602-418-1116

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