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Updated about 3 years ago, 10/25/2021

User Stats

25
Posts
20
Votes
Zach Haptonstall
  • Investor
  • Scottsdale, AZ
20
Votes |
25
Posts

Sunnybrook Apartments in Mesa, AZ

Zach Haptonstall
  • Investor
  • Scottsdale, AZ
Posted

Investment Info:

Large multi-family (5+ units) buy & hold investment in Mesa.

Purchase price: $16,500,000
Cash invested: $6,200,000

SUNNY BROOK
103 UNITS
Mesa, AZ

Acquisition Date : March 2021
Purchase Price : $16.5M
Down Payment and Renovation Costs : $6.2M
Loan : 3-Yr Adjustable Interest Rate, Non-Recourse Bridge Loan
Deal Structure : 506(B) Syndication
Unit Mix : 72 1BR/1BA | 20 2BR/BA | 10 STUDIO | 1 3BR/2BA
Projected Hold : 2-5 Years

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