805 N Westwood - Apartments FOR SALE


Mesa, AZ 85201- Country Club
$1,040,000 USD
602-714-1353
805 N Westwood, Mesa, AZ for Sale
$1,040,000 USD
Apartments - FOR SALE
1/13
null | 5.66% Cap Rate

805 N Westwood
Mesa, AZ 85201
Country Club


HIGHLIGHTS

  • Basements as part of the floor plan to keep bedrooms cool
  • Private backyards for each unit
  • In-unit washer/dryer

OVERVIEW

ABI Multifamily is pleased to present the 805 North Westwood Apartments, a 5-unit offering in a quiet pocket just northwest of Downtown Mesa. Located off Rio Salado Parkway and Alma School Road, this listing consists of a duplex and a triplex, each on their own individual parcels, with a shared parking lot between them. Built in 1982, all five units are in great condition. Both units in the duplex are 2-bedroom / 1.5-bathroom and have been extensively renovated. In the triplex, there are (2) 2-bedroom / 1.5-bathroom units and (1) 2-bedroom / 1-bathroom unit with one of the 2-bedroom / 1.5-bathroom units recently completing renovations, the remaining two units are in classic condition but have been well-maintained over the years. Of the five units, the four with 1.5 bathrooms boast a floor plan with basements. The living area, kitchen, half-bath, and laundry are on the main floor while the two bedrooms and full bath are on the basement level. Each of the five units offers in-unit washer & dryer and a private backyard. All tenants are on month-to-month agreements. The bones of the property are in great condition and have been well- maintained over time. The plumbing, electrical, and roof are all in good condition. All three HVAC units on the triplex are less than one year old. The two HVAC units on the duplex are less than three years old. One water heater has been replaced in the last year, and the others are all in good working condition.

FOR SALE DETAILS

PRICE

$1,040,000 USD

PRICE/SF

$1,209 USD /SF

# OF UNITS

5

PRICE/UNIT

$208,000

CAP RATE

5.66%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,487 SF

ZONING

R-3

APN/PARCEL ID

135-22-056H,135-22-056J

ASK ABOUT THIS PROPERTY

Colin KreagerABI MultifamilyMore Info
602-714-1353

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Colin KreagerABI MultifamilyMore Info
602-714-1353

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