Desert Wells Apartments

Desert Wells Apartments
https://www.josephbernard.net/desert-wells-apartments- Address:
- 6723 E Avalon St, Mesa, Arizona 85205
- Price:
- $1,550,000
- Units:
- 8
- Price per unit:
- $193,750
- Cap Rate:
- 4.22%
- Year Built:
- 1950
Highlights
- On-site laundry
- Renovated units
- Prime location
- Strong submarket fundamentals
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Desert Wells Apartments
Summary
Joseph Bernard Investment Real Estate is pleased to present Desert Wells Apartments, an 8-unit multifamily asset located in a desirable pocket of Mesa, Arizona. The property offers a mix of fully and partially renovated units with value-add potential through interior upgrades and rent optimization. Residents enjoy access to on-site laundry facilities and convenient parking.
Strategically positioned directly behind the renowned Big Nate’s BBQ, the property benefits from strong neighborhood visibility and walkable access to one of the East Valley’s most popular local destinations. The surrounding area features a mix of residential communities and commercial corridors, contributing to consistent tenant demand.
This is an ideal opportunity for investors seeking a stabilized asset with additional upside in a growing submarket of Greater Phoenix. With a combination of location appeal, light value-add potential, and strong rental fundamentals, 6723 E Avalon presents a compelling acquisition in today’s market.
Highlights
- On-site laundry
- Renovated units
- Prime location
- Strong submarket fundamentals
Desert Wells Apartments
E Avalon St/N Sunaire

Desert Wells Apartments
Desert Wells Apartments
Document Title | Document Type |
---|---|
Property Flyer | Adobe PDF |
Desert Wells Apartments
5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax