The 5th Ave Apartments

The 5th Ave Apartments is a 4-unit multifamily opportunity located in the South Central Submarket of Mesa, Arizona. The neighborhood, known as the Kleinman Park Neighborhood, boasts a strong demand for continual rental housing in a market that continues to experience significant job and economic growth. Originally built in 1959, it’s nearly impossible to find an asset so strategically positioned near the “RAILmesa” (Retail, Arts, Innovation & Livability) Community Area. Several economic drivers support this location, including education, retail, manufacturing, distribution, construction, and healthcare.

This property is an amazing opportunity for an investor looking for a well-built, oversized, one- and three-bedroom multifamily investment property with washer/dryer hookups, separate storage space for each unit, garage and covered parking spaces, huge yards, and an incredible opportunity to buy at a low basis and increase rents! The property boasts a large courtyard and separate yards for the tenants, located in the heart of a market that is continuing to see major job growth and appreciation.