This Multifamily property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Multifamily For Sale, Mesa, AZ or Arizona

Brownwood Terrace Town Homes

737 E. Brown Rd., Mesa, AZ 85201


65 Units | Multifamily

  • Print

Multifamily Property - Off Market

No. Units:
Building Size:
64,350 SF
Property Type:
Property Sub-type:
Property Use Type:
Cap Rate:
Gross Rent Multiplier:
No. Stories:
Year Built:
Lot Size:
2.28 AC
Listing ID
Last Updated
over 1 year ago


  • All Large 2 Bedroom/2 Story Town Homes with private front and back entries
  • Investment allows investor the ability to hold a cash flowing/condo conversion opportunity property
  • Individually Metered, Front & Back Doors, W/D Hookups in Select Units
  • Private Park w/ Covered BBQ Area, 2 Sparkling Swimming Pools
  • $54,615 Per Unit & $55.17 Per Square Foot for true town homes
  • Covered Parking, spacious courtyards, Laundry Facilities


SELLER WILL ENTERTAIN ALL OFFERS. Brownwood Terrace Town Homes consist of sixty-five spacious 1,050 to 900 square foot individual town-homes in the final stage of becoming sale ready as true town homes/condominiums. The town homes are all large two story/two bedroom floor plans with washer/dryer hook ups and private front and back door entries that allow tenants to access their homes directly from their adjacent covered parking space. Built in 1985 and 1972 with slump block construction and individual metering, the pride of ownership community consists of 7 buildings totaling approximately 64,350 rentable square feet and lies on 2.28 acres of R-4 Mesa zoned land. The town homes have excellent exposure and great frontage at the southwest corner of the intersection of Brown Road and Horne. Community amenities include two sparkling swimming pools, a barbeque area next to a private park, mature landscaping, full covered parking, and laundry facilities.

Brownwood Terrace Town Homes have excellent pedestrian and traffic exposure at the heavily traveled southwest corner of Brown Road and Horne at 737 E. Brown Road in Mesa, Arizona 85203. The town homes have good access to transportation with the Loop 202 Freeway just a mile and half north of the property and a convenient bus route a short walk away on Mesa Drive and Brown Road. Numerous shopping and entertainment venues which provide residence demand close to Brownwood Terrace Town Homes includes Fitch Plaza, the brand new Mesa Riverview Power Center, and downtown Mesa also adds more shopping and entertainment opportunities. The property is also close to Falcon Field, which is one of the busiest general aviation airports in the country.

Map of 737 E. Brown Rd., Mesa, AZ 85201 (Maricopa County)

Research for 737 E. Brown Rd., Mesa, AZ 85201 (Maricopa County)

  • Demographics – Population, income & other demographics near 737 E. Brown Rd.
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building

Similar Listings

Indigo Lofts - 65 Units Indigo Lofts - 65 Units
  • Mesa, AZ
  • $6,425,000
  • 64,350 SF Bldg
3 Photos
Cabrillo Pointe
Cabrillo Pointe
  • Mesa, AZ
  • $3,500,000
  • 54,350 SF Bldg
10 Photos
Candela Park
Candela Park
  • Mesa, AZ
  • Price Not Disclosed
  • 69,840 SF Bldg