Two-Property Multifamily Investment
718 W Pepper Pl Mesa, AZ 85201
718 W Pepper Pl, Mesa, AZ, 85201
$1,000,000
For Sale
$1,000,000
Includes an occupied Central Phoenix triplex and a Mesa two-unit property, with added-unit development opportunities.
Days on Market48
Property Features for 718 W Pepper Pl
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1959
Listing Agency
NAI Horizon - Phoenix
(623) 556-6455
Listed by
Dylan Whitwer
(623) 556-6455
Source
Naiglobal
Added: Jun 2 Checked: Jul 17 at 4:06 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Horizon - Phoenix
Investment Insights
Based on property information with market context.
This for-sale multifamily investment portfolio brings together two Phoenix Metro assets with current income and expansion potential. The Central Phoenix component is a fully occupied triplex with two 1 bed/1 bath units and one 2 bed/1 bath unit. There is also preliminary City approval for adding two additional units. The Mesa component is a two-unit multifamily property with two 1 bed/1 bath units, and the permit set is completed and ready for submission/payment for a future development addition.
The portfolio includes 4711 N 15TH AVE in Phoenix and 718 W Pepper Pl in Mesa. Both properties are structured around stabilized tenancy today, while also supporting near-term development steps tied to the documented approval and permitting status described.
For investors, this format can appeal to those looking for immediate cash flow from occupied multifamily housing, paired with clearly identified next phases to increase the unit count. The combination of an already-producing triplex plus a permitting-ready two-unit redevelopment project may fit buyers who want a straightforward strategy to balance income generation with long-term growth in the Phoenix Metro market.
The portfolio includes 4711 N 15TH AVE in Phoenix and 718 W Pepper Pl in Mesa. Both properties are structured around stabilized tenancy today, while also supporting near-term development steps tied to the documented approval and permitting status described.
For investors, this format can appeal to those looking for immediate cash flow from occupied multifamily housing, paired with clearly identified next phases to increase the unit count. The combination of an already-producing triplex plus a permitting-ready two-unit redevelopment project may fit buyers who want a straightforward strategy to balance income generation with long-term growth in the Phoenix Metro market.
Key Highlights
- Multifamily investment portfolio with two Phoenix Metro properties: a fully occupied Central Phoenix triplex and a Mesa 2‑unit property
- Central Phoenix triplex: (2) 1 bed / 1 bath units and (1) 2 bed / 1 bath unit; fully occupied
- Central Phoenix triplex has preliminary City approval to add two additional units
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Includes an occupied Central Phoenix triplex and a Mesa two-unit property, with added-unit development opportunities.
Where is this triplex located?
The property is located at 718 W Pepper Pl Mesa, AZ.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Multifamily investment portfolio with two Phoenix Metro properties: a fully occupied Central Phoenix triplex and a Mesa 2‑unit property; Central Phoenix triplex: (2) 1 bed / 1 bath units and (1) 2 bed / 1 bath unit; fully occupied; Central Phoenix triplex has preliminary City approval to add two additional units
