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719 N Cherry Fourplex 719 N Cherry 4 Unit Apartment Building $907,348 CAD ($226,837 CAD/Unit) Mesa, AZ 85201

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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 $907,348 CAD
Price Per Unit $226,837 CAD
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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
135-23-069
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$24,674 CAD
  • Listing ID: 38157107

  • Date on Market: 2025-10-21

  • Last Updated:

  • Address: 719 N Cherry, Mesa, AZ 85201

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