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27107776
27107777

421 E 6th Dr, Mesa, AZ 85204

AM
AZ BR106088000
Grace CRE
SW
AZ BR 64886600, FL BK 3595388
Grace CRE
Listed by Grace CRE
$425,000
272 days on market
Updated 78 days ago

Two on 6th

Details
APN 139-24-173
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,504
Net Rentable (SqFt) 1,504
Units 2
Cap Rate 5.2%
NOI $22,103
Year Built 1986
Lot Size (SqFt) 7,131
Ownership fee

Multifamily | 5.20% CAP | 2 Units

Marketing description

Introducing a prime opportunity for multifamily investment in Mesa, AZ! This

well-maintained property features a 1,504 SF building with 2 spacious and

fully-occupied units, offering a robust investment potential. Built in 1986, this

property provides a stable and reliable income stream in a high-demand

rental market. With a 100% occupancy rate, investors can enjoy immediate

returns and the promise of long-term growth. Don't miss the chance to add

this exceptional asset to your portfolio and capitalize on the thriving

multifamily market in Mesa.

LOCATION DESCRIPTION

Discover the endless potential of Mesa, AZ! Situated in the heart of the city, the

area surrounding the property is a thriving hub for commerce and community.

Just moments away, Mesa's historic downtown district offers a vibrant mix of

dining, retail, and cultural attractions, perfect for office tenants seeking a

dynamic work environment. Nearby, the Mesa Arts Center and the Arizona

Museum of Natural History provide enriching experiences for employees and

clients alike. With convenient access to major highways and public

transportation, the location offers a seamless connection to the broader

Phoenix metropolitan area. Embrace the energy and opportunity that Mesa has

to offer at this prime office location.

Listing Contacts

AM
AZ BR106088000
Grace CRE
SW
AZ BR 64886600, FL BK 3595388
Grace CRE
Listed by Grace CRE

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$22,103.00
$1,841.92/mo

Valuation Metrics

0
DSCR
5.2%
Cap Rate
5.2%
ROI

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Additional Information

Name
Alice Moore
License
BR106088000
Brokerage
Grace CRE
Brokerage Phone
602-758-9981
Title
Associate Broker
Name
Sophia Willets
License
BR 64886600
Brokerage
GRACE CRE®
Brokerage Phone
6029755516
Title
Real Estate Broker
Brokerage Address
3200 East Camelback Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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