<< Back to Property Search

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
Get More Information

Please fill out the fields below to receive further information about Desert Wells Apartments


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

image
image
image
image
image
image
image
image
image
image
image
image
image
image

Desert Wells Apartments

Document Title Document Type
Property Flyer Adobe PDF

Desert Wells Apartments

Joseph Bernard, LLC
5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax