ABI Multifamily Brokers Sell Senior Housing Property In Mesa, AZ For $3.8M
SOLD
$3,800,000
Arizona
See Similar DealsOther61,969 SF
Sold 10/26/2021
SOLD
ABI Multifamily Brokers Sell Senior Housing Property In Mesa, AZ For $3.8M
152 N 56th St, Mesa, AZ, USA
See Similar DealsOther61,969 SF
Sold 10/26/2021
Summary
ARIZONA
Asset Type:Other
Price Per Square Foot:$61
Total Square Footage:61,969 SF
Transaction Type:Sale
The senior housing property located at 152 N 56th St in Mesa, AZ has been sold for $3,800,000. The transaction took place on 10/26/2021. The property consists of 78 units with an average price per unit of $48,718. It spans a total area of approximately 61,969 square feet, resulting in a price per square foot of $61.32.
Summary of transaction details
- Property Type: Senior Housing
- Transaction Amount: $3,800,000
- Units: 78
- Price per Unit: $48,718
- Square Footage: 61,969
- Price per Square Foot: $61.32
- Address: 152 N 56th St, Mesa, AZ
- Market: Mesa, AZ
The sale of this senior housing property was facilitated by Carson Griesemer, Dallin Hammond, and Mitchell Drake from ABI Multifamily.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$202,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,500.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,013.94
Annual Debt Service$216,167.26
Is there something missing? Send suggestions