For Sale
$650,000

725 5 Ave Fort Lupton, CO 85210

4-Unit Apartment Building, High Demand

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
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.

Property Details for 725 5 Ave

Property type
Apartment buildings
Square Feet
3,133 SF
Class
C
Year Built
1959
Units
4

Location Insight

City
Fort Lupton
County
Maricopa
State
Colorado
Latitude
33.405952849753
Longitude
-111.84713034671

FAQs

What type of property is this?
Apartment building - 4-Unit Apartment Building, High Demand
Where is the apartment building located?
The property is located at 725 5 Ave Fort Lupton, CO.
What is the asking price?
The asking price for this property is $650,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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725 5 Ave
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