Park Mesa
East Broadway Road 1547, Mesa, AZ, 85204, US
A$12,884,000 | 42 units
JLL is pleased to introduce Plaza East, an exceptional investment opportunity located in Tempe, Arizona. The Property contains 12 one-bedroom units with an average square footage of 513. Renovated in 2016, Plaza East stands out with updated appliances and light fixtures, and remodeled bathrooms. As such, Plaza East offers investors a distinctive opportunity to invest in a highly stable and exceptionally located apartment community while still providing a significant mark-to-market opportunity.
Plaza East presents a unique opportunity for investors looking to capitalize on growing demand for multifamily housing in the Tempe submarket of Phoenix. With a strategic location in a well-located neighborhood, the Property benefits from its proximity to various amenities, including restaurants, shopping centers, and recreational facilities. Its convenient access to Interstate 10, Loop 202, and Sky Harbor International Airport, make Plaza East an attractive option for renters looking for easy accessibility.