John Klocek
This listing was posted on RealtyWW.
$3,549,000
Home For Sale In Apache Junction, Arizona
Price:
$3,549,000
Location:
850 N Meridian Rd, Apache Junction, AZ
Description:
Meridian 21 is a single-story complex with solid block construction. All the units are 2-bedroom / 1-bathroom units, with individual A/C units, water heaters, and electric meters. The property features plenty of parking and an interior courtyard space, as well as landlord owned onsite coin laundry. The units have been well maintained and updated over the years. Value-add options exist through adding fences to give units private outdoor space, as well as through additional interior / exterior upgrades, and adding interior washers and dryers. Meridian 21 is a 21-unit apartment complex located in Apache Junction, just east of Mesa, AZ. The property is well located, just minutes from a large commercial complex featuring Walmart Supercenter, Planet Fitness, Safeway, and more. It is approximately 3 miles east of Loop 202 and 3 miles north of Interstate 60. This part of the valley is known for its natural desert beauty, mountain views, and easy access to outdoor and recreational activities. With limited nearby competition this property has maintained a high level of historical occupancy. The southeast valley continues to be a highly sought after area for residents with its many freeway access points and many commercial / retail options. Given the lack of inventory in the area, Meridian 21 should prove to be a great multifamily property for an investor looking for a solid performing, bite-sized opportunity in a good, supply constrained submarket.For more details: https://realtyww.info/homes_apache-junction-d526329/for-sale_i72143319
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More About this Listing: Home For Sale In Apache Junction, Arizona
Home For Sale In Apache Junction, Arizona is a Single-Family Homes for Sale at 850 N Meridian Rd in Apache Junction AZ. Find other listings like Home For Sale In Apache Junction, Arizona and listings near 850 N Meridian Rd by searching Oodle Classifieds for Single-Family Homes for Sale in Apache Junction AZ.
Home For Sale In Apache Junction, Arizona is a Single-Family Homes for Sale at 850 N Meridian Rd in Apache Junction AZ. Find other listings like Home For Sale In Apache Junction, Arizona and listings near 850 N Meridian Rd by searching Oodle Classifieds for Single-Family Homes for Sale in Apache Junction AZ.