725 5 Ave Fort Lupton, CO 85210
- Commercial real estate
- 3,133 SF
Current Use by Public Records
- Commercial real estate
Property Details for 725 5 Ave
- Year built
- 1959
- Property size
- 3,133 SF
- Property type
- Commercial real estate
- APN
- 134-10-023
Description
This exceptional 4-unit apartment building presents a compelling investment opportunity in Mesa, Arizona's South Central submarket, specifically the Kleinman Park Neighborhood. Built in 1959, this Class C property offers 3,133 square feet situated on a spacious 12,493 square foot lot (APN 134-10-023). The property is zoned R-2, City of Mesa, and benefits from its strategic location near the "RAILmesa" Community Area, a hub of retail, arts, innovation, and livability. The strong local economy, driven by education, retail, manufacturing, distribution, construction, and healthcare sectors, ensures consistent rental demand. Each of the four units features washer/dryer hookups, separate storage, and access to garage and covered parking. The property also boasts a large courtyard and individual tenant yards. This well-built property offers oversized one- and three-bedroom units, presenting a low-basis purchase opportunity with significant potential for rental income growth. The asking price is $650,000. This is an ideal investment for those seeking a well-located, multifamily property in a thriving market.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Fort Lupton
- County
- Maricopa
- State
- Colorado
- Longitude
- -111.84713034671
- Latitude
- 33.405952849753