152 N 56th St - Copper Heights Immeuble de 61 969 pi² • Soins de santé • À vendre 13 558 743 $ CAD • Mesa, AZ 85205

1.79-acre, 62,000 sq ft R5-zoned investment opportunity, ideal for multi-family redevelopment in a high-demand market! Previously the Copper Heights Assisted Living Facility, this vacant 2-story property with a basement is primed for transformation into multi-family housing, a hotel, or other versatile uses (subject to local regulations).Property Highlights:78 Units: 30 one-bedroom and 48 studio units, each with private bathrooms (tub/shower combo), plumbed for kitchenettes, and equipped with P-tech AC units.
Spacious Common Areas: Main floor features an office and two large recreational/dining spaces, perfect for community living. Basement includes a kitchen with walk-in cooler and freezer.
Seller willing to carry at the following terms: $3.5mm down. 5 year term, interest only. 6% interest rate.
Energy Efficient: Recently repaired roof with solar panels for reduced energy costs.
Flexible Design: Ideal for multi-family conversion or innovative reuse, with ongoing improvements enhancing value (price may adjust accordingly).
Appraisal: Valued at $10,740,000 "as is," reflecting needed repairs.
Financing: Seller may carry with a $3.5mm downpayment, offering flexible terms for qualified buyers.
With confirmed R5 zoning and strong multi-family demand, this property is a rare find for investors or developers. Act now to capitalize on this prime redevelopment opportunity! For more details or to explore financing terms.