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719 N Cherry Fourplex 719 N Cherry 4 Unit Apartment Building $720,000 ($180,000/Unit) Mesa, AZ 85201
Investment Highlights
- Amazing Value-Add Opportunity in the Highly Desirable East Valley Mesa Submarket
- Well Maintained With Long-Term Owner & Tenants
- Large Enclosed Patio for Each Unit
- (4) Large Two-Bedroom / One-Bathroom Units
- Well Below Market Rents
- Individually Metered for Electricity
Executive Summary
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
Property Facts
| Price | $720,000 | Apartment Style | Low-Rise |
| Price Per Unit | $180,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.25 AC |
| No. Units | 4 | Building Size | 4,866 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1963 |
| Zoning | RM-3 - Multiple Residence District | ||
| Price | $720,000 |
| Price Per Unit | $180,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 4,866 SF |
| No. Stories | 1 |
| Year Built | 1963 |
| Zoning | RM-3 - Multiple Residence District |
Amenities
Unit Amenities
- Patio
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | 988 |
1 1
Property Taxes
| Parcel Number | 135-23-069 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $17,487 |
Property Taxes
Parcel Number
135-23-069
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$17,487
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719 N Cherry Fourplex | 719 N Cherry
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