​Commercial Multifamily & 

​Investment Specialist

​Multifamily for sale, multifamily real estate

​​​Cass Stephens - Platinum Living Realty

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

100% CONFIDENTIAL

643-675 E. Brown Road | Mesa, AZ 85203
5 lots/8 Bldgs/16 Units | $2,400,000

Property Description

Large 822+/- SF 2 bedroom, 1 bath units. Unit sizes do vary. Very rare opportunity to acquire a 16 unit/8 building assemblage. 5 lots. Exclusive cul-desac. 1 acre+ combined lot size. High growth area near Downtown, Cubs/A's, & highways.Highly stabilized & well-maintained. Well-over $100,000 in upgrades over last few years.Potential rental growth is significant w/ rents nearby exceeding $1.25/SF. Operating at a
5.4+/- CAP rate w/ 29% estimated. OPEX. 6 CAP trending. Offered with Seller Financing
Only: Terms are 30% down, 5% interest rate, 30 yr amortization, with a 5+ yr term. Seller
prefers no note prepayment. See Seller Financing Addendum (reach out for info). Value-add offering. Expenses estimated. Buyer to project own expenses. Buyer to complete/rely on own due diligence.

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

Are you thinking about putting your Multifamily Property for Sale?

Considering Buying Real Estate Investment Property?

Are you finding Multifamily for Sale that you want to buy?

CONTACT ME TODAY! 

My Average SOLD rate is over 98.5% of current list price!

I am a CCIM member - Only 6% of commercial brokers are CCIM members.