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Updated about 3 years ago, 10/25/2021
Sunnybrook Apartments in Mesa, AZ
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