Stapley Place | 654 South Stapley Drive, Mesa, AZ 85204 | 46 Units | $7,950,000 | $172,826 Per Unit | $216.63 Per SF
FOR IMMEDIATE RELEASE
Company Website: www.ABImultifamily.com
Phoenix, AZ. (June 4, 2021) – ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $7,950,000 / $172,826 Per Unit / $216.63 Per SF sale of Stapley Place, a 46-unit multifamily apartment property located in Mesa, Arizona.
Built in 1985, Stapley Place consists of 46 units, all two-bed/two-bath unit types. Renovations include white shaker cabinets, stainless-steel appliances, new countertops, new doors, and more. The building is constructed of wood frame with stucco exterior and pitched shingle roofing with each unit being individually metered for electricity. The community provides its residents with a brand-new sparkling swimming pool and covered & uncovered parking.
Stapley Place resides in Southwest Mesa, conveniently positioned with easy access to the US 60, Loop 101, and the Valley Metro Light Rail. The property is also located near Mesa Community College, Hohokam Stadium and is just a short drive to Gilbert’s Heritage District, which hosts numerous dining, shopping, and entertainment options.
ABI Multifamily's Carson Griesemer, Eddie Chang, Dallin Hammond, and Mitchell Drake represented the buyer and seller in this transaction.
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.