719 N Cherry - Multi-Family FOR SALE


Mesa, AZ 85201- Central Mesa
$650,000 USD
602-344-9258
719 N Cherry, Mesa, AZ for Sale
$650,000 USD
Multi-Family - FOR SALE
1/18
null | Request Cap Rate

719 N Cherry
Mesa, AZ 85201
Central Mesa


HIGHLIGHTS

  • Amazing Value-Add Opportunity in the Highly Desirable East Valley Mesa Submarket
  • (4) Large Two-Bedroom / One-Bathroom Units
  • Well Maintained With Long-Term Owner & Tenants
  • Well Below Market Rents
  • Large Enclosed Patio for Each Unit
  • Individually Metered for Electricity

OVERVIEW

Amazing Value-Add Opportunity in the Highly Desirable East Valley Mesa Submarket!! The property consists of 4 large 2 bedroom / 1 bathroom units, each with their own large fenced patio area. Long-term owner and long-term tenants with WELL BELOW market rents. The property has been well maintained but is a great value-add candidate. Each unit is individually metered for electricity. For additional information, please go to: https://abimultifamily.com/?a=07B7A935ACB5145176&/719-north-cherry-apartments

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$164 USD /SF

# OF UNITS

4

PRICE/UNIT

$162,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

719 N Cherry Fourplex

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

135-23-069

ASK ABOUT THIS PROPERTY

John KlocekABI MultifamilyMore Info
602-344-9258

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John KlocekABI MultifamilyMore Info
602-344-9258

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