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152 N 56th St - Copper Heights

61,969 SF Health Care Building Offered at $2,630,000 in Mesa, AZ 85205

Investment Highlights

  • Primarily studio units, with select 1-bedrooms and 2-bedrooms: ±78 Units
  • Central proximity between U.S. 60 and AZ-202
  • Multi-Family or Special Use Conversion Opportunity
  • Mesa East Submarket
  • Value-Add Opportunity – Renovate and Fill

Executive Summary

Formerly known as Copper Heights, the subject property is a senior assisted living facility with approximately 61,969 SF that was originally built in 1974. This property is situated on 1.79 AC with R-5 zoning. The property has been vacant for several years, and has approximately 78 units. The unit mix is mostly studio units with some one-bedroom units. The majority of the rooms have in-suite restrooms, however no kitchens or kitchenettes. This property is bank owned, please contact broker for additional details.

Property Facts

Price $2,630,000
Price Per Bed $33,718
Sale Type Investment
Property Type Health Care
Property Subtype Congregate Senior Housing
Building Class B
Lot Size 1.53 AC
Building Size 61,969 SF
No. Beds 78
No. Stories 2
Year Built 1974
Parking Ratio 0.42/1,000 SF

Amenities

  • Wheelchair Accessible

Room Mix Information

Description No. Beds
- 78

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
141-77-059E
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$218,752

zoning

Zoning Code R-5 ([M-H] MULTI-FAMILY, HIGH DENSITY (UP TO 2,499 SF)100%)
R-5 ([M-H] MULTI-FAMILY, HIGH DENSITY (UP TO 2,499 SF)100%)
  • Listing ID: 34096098

  • Date on Market: 12/5/2024

  • Last Updated:

  • Address: 152 N 56th St, Mesa, AZ 85205

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