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Cass Stephens - S.J. Fowler ReAL ESTATE INVESTMENT

Cass Stephens

(602) 672-3526

cstephens@ccim.net

CONTACT ME TODAY TO OBTAIN YOUR FREE INVESTMENT PROPERTY PRICING ANALYSIS!

100% CONFIDENTIAL

Commercial Multifamily &

Investment Specialist

Multifamily for sale, multifamily real estate

2318 E. Broadway Rd Mesa, AZ 85204
4 units | $625,000

Property Description
Nicely gentrifying Mesa area near Downtown. All 2 bedroom unit building has a lot to offer. Significantly upgraded! All new/newer HVAC units. Roof less than 5 yrs old. Many exterior upgrades. All units upgraded incl. kitchens/bathrooms in last 5 yrs polished! Fantastic curb appeal with nice touches that make this stand out from the cookie cutter 4 unit competition. Off-street parking. Separate electric tenant paid. W/S/T owner paid. Professionally managed with pride. Room to raise rents with aggressive approach.

Coin operated laundry (Seller owned).

Excellent potential to carve out more amenities to raise rents.
Close to 5 CAP now with 6+ CAP proforma. Major upgrades save big with cap ex in future.

Buyer to complete and rely on own due diligence. Do not disturb the tenants.

For additional information contact me directly Cass Stephens at cstephens@ccim.net or 602-672-3526

1532 E. Broadway Rd Mesa, AZ 85204
4 units | $519,000

Property Description
Nice 4 unit with approximately 2800 total square feet. Great unit mix! Three 2 bed/1 bath
units (800 SF--$800+/- Rent) w/ a Studio/1 bath unit (400 SF+/--$400 Rent).
Value-Add Opportunity. Priced very competitively. No low-ball offers considered.
Rents are well-below market with long-term tenants. All leases are due to expire soon,
offering an investor a nice opportunity to capture market rents.
Tenants pay own electric (separately metered). Carport. Close to Main Street/LRT/more!
Pro forma CAP rate over 7% with aggressive market rent approach by the new owner.
Sellers want offers that or waive the financing contingency or appraisal at a minimum.

Buyer to complete and rely on own due diligence. Do not disturb the tenants.

For additional information contact me directly Cass Stephens at cstephens@ccim.net or 602-672-3526

7402 N. 62nd Ave Glendale, AZ 85302
7405 N. 62nd Ave Glendale, AZ 85302
7327 N. 62nd Ave Glendale, AZ 85302
9 units | $1,080,000

Price Reduction!

Property Description
7402 N. 62nd Ave - All separate electric, water & gas. 5 houses on 1 combined lot 14,636 SF. R3 Zoning.
74(02) 726.5 SF built 1945 . 74(04) 651 SF built 1945. 74(08) 620 - SF built 1945.

74(12) 600 SF built 1945. 74(16) 536 SF built 1945. Garage/Shed (224 SF).

7405 N. 62nd Ave - All separate electric, water & gas
3 houses on 1 combined lot 14,636 SF. R3 Zoning.
74(01) 722 SF built 1950. 74(05) 765 SF built 1950. 74(09) 600 SF built 1950. + corner lot.

7327 N. 62nd Ave - 768 SF built 1950.
1 house lot .186 acres/ 8,115 SF R-3 Zoning.
Buyer to complete and rely on own due diligence. Do not disturb the tenants.

For additional information contact me directly Cass Stephens at cstephens@ccim.net or 602-672-3526