152 N 56th St - Apartments FOR SALE


Mesa, AZ 85205- Central Mesa
$9,977,000 USD
480-255-7327
152 N 56th St, Mesa, AZ for Sale
$9,977,000 USD
Apartments - FOR SALE
1/21
null | Request Cap Rate

152 N 56th St
Mesa, AZ 85205
Central Mesa


OVERVIEW

Nearly 62,000sf, R5 zoned, 1.79 acre property formerly Copper Heights Assisted Living Facility ready for reuse as multi-family and may other uses! Could be multi family, assisted living, hotel! This is a two story property with basement that boasts 78 units, 30 1-bedrooms and 48 studios, plumbed for kitchenettes, rooms have its own bathroom and tub/shower combo. Each unit has a p-tech ac unit and common areas have large ac units. The main floor features office, 2 large common areas/rec room/dining area type spaces and the kitchen is in the basement which features walk in cooler and freezer, as well as an elevator. The roof has been repaired and benefits from lots of solar! Property is continuing ongoing improvements therefore price may be adjusted accordingly as improvements take place (i.e. exterior paint). Property is vacant and needs an interior remodel! Lots of possibilities! Located between University and Main on 56th street, near Resort World and many other 55+ communities!

FOR SALE DETAILS

PRICE

$9,977,000 USD

PRICE/SF

$161 USD /SF

# OF UNITS

78

PRICE/UNIT

$127,910

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Assist. Living Center, Hospitality, Multi Fam

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R-5

APN/PARCEL ID

141-77-059E

ASK ABOUT THIS PROPERTY

Teo CupesPrestige Realty, Inc.More Info
480-255-7327

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Teo CupesPrestige Realty, Inc.More Info
480-255-7327

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