Log In/Sign Up
Your email has been sent.
Copper Heights 152 N 56th St 78 Unit Apartment Building $4,975,000 ($63,782/Unit) Mesa, AZ 85205
Investment Highlights
- Two-story former senior housing complex with 78 units, positioned for adaptive reuse or redevelopment.
- Interiors feature in-suite restrooms and functional layouts, supporting conversion to multiple housing or care models.
- Accessible via major roads and highways with connectivity to nearby employment centers and healthcare resources.
- Located on 1.8 acres in an R-5 high-density zoning district with redevelopment flexibility.
- Strategic location near growing residential neighborhoods, retail hubs, and service amenities in East Mesa.
Executive Summary
152 N 56th St – Mesa, AZ
•78-unit senior housing (vacant)
•61,969 SF | 1.8 AC
•Built 1974 | 2-story
•R-5 zoning
•Asking: $4.975M (~$80/SF | ~$63.8K/unit)
Highlights:
•Full value-add / reposition opportunity
•Assisted living / behavioral / memory care
•Strong demographics
•Large scale asset with institutional upside
52 N 56th Street presents a rare opportunity to acquire a 78 unit building in the heart of East Mesa. Formerly operating as Copper Heights, the ±61,969 SF property sits on approximately 1.8 acres and is zoned R-5 for high-density residential use.
The property is currently vacant, offering investors and operators a unique value add opportunity to reposition the asset as an assisted living facility, behavioral health center, memory care facility, or other potential related use.
The existing units include predominantly studio and 1 bedroom units with in suite restrooms, allowing for efficient reconfiguration and operational scalability.
Located within the rapidly growing area, the property benefits from strong demographic trends, including an increasing senior population and sustained demand for healthcare or affordable housing.
This is a rare chance to acquire a large scale, repositioning opportunity in one of Arizona’s most active and supply constrained real estate markets.
•78-unit senior housing (vacant)
•61,969 SF | 1.8 AC
•Built 1974 | 2-story
•R-5 zoning
•Asking: $4.975M (~$80/SF | ~$63.8K/unit)
Highlights:
•Full value-add / reposition opportunity
•Assisted living / behavioral / memory care
•Strong demographics
•Large scale asset with institutional upside
52 N 56th Street presents a rare opportunity to acquire a 78 unit building in the heart of East Mesa. Formerly operating as Copper Heights, the ±61,969 SF property sits on approximately 1.8 acres and is zoned R-5 for high-density residential use.
The property is currently vacant, offering investors and operators a unique value add opportunity to reposition the asset as an assisted living facility, behavioral health center, memory care facility, or other potential related use.
The existing units include predominantly studio and 1 bedroom units with in suite restrooms, allowing for efficient reconfiguration and operational scalability.
Located within the rapidly growing area, the property benefits from strong demographic trends, including an increasing senior population and sustained demand for healthcare or affordable housing.
This is a rare chance to acquire a large scale, repositioning opportunity in one of Arizona’s most active and supply constrained real estate markets.
Data Room Click Here to Access
Property Facts
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 141-77-059E | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $218,752 |
Property Taxes
Parcel Number
141-77-059E
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$218,752
1 of 26
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Copper Heights | 152 N 56th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.