Copper Heights Assisted Living | 152 North 56th Street, Mesa, AZ 85205 | 78 Units | $3,800,000 | $48,718 Per Unit | $61.32 Per SF
PRESS RELEASE
FOR IMMEDIATE RELEASE
Contact:
Corporate Headquarters
ABI Multifamily
Phone: 602.714.1400
Company Website: www.ABImultifamily.com
Phoenix, AZ. (October 25, 2021) – ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $3,800,000 / $48,718 Per Unit / $61.32 Per SF sale of Copper Heights Assisted Living in Mesa, Arizona. ABI Multifamily's Carson Griesemer, Dallin Hammond, and Mitchell Drake represented the buyer and seller in this transaction.
Copper Heights Assisted Living is a mid-sized assisted living property built in 1974 and has been vacant since 2019. The building is built from wood frame construction and comprised of (28) one-bedroom / one-bathroom units and (50) studio units. On-site amenities include a laundry facility, dining hall, and activity rooms. The property has easy access to the US-60 (Superstition Freeway) and is just minutes away from Banner Desert Medical Center, Arizona Golf Resort and Event Center, and the Dreamland Villa Desert Nature Trail.
The buyer and seller are based in Arizona.
ABI Multifamily (https://www.abimultifamily.com/) is a brokerage and advisory services firm that focuses exclusively on apartment investment transactions. With offices in Phoenix, Tucson, Sacramento, and San Diego, the experienced advisors at ABI Multifamily have completed billions of dollars in sales and thousands of individual multifamily transactions. ABI Multifamily incorporates a global approach with regional real estate expertise to successfully complete any multifamily transaction, regardless of size and complexity.