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505 N Williams
Mesa, AZ 85203 Central Mesa

$1,200,000 USD

Apartments For Sale  •  3,822 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,822 SF
  • Lot Size 0.32 AC
  • Building Class C
  • Year Built 1963
  • Cap Rate 7.36 %
  • Zoning R-4
47 Transit Score
49 Walk Score

Financial Summary (Proforma)

Net Operating Income: $88,369 USD (2025)
Cap Rate: 7.36 %

Amenities

  • 24 Hour Access
  • Air Conditioning

Public Transportation

Transit/SubwayDriveWalkDistance
Gilbert Rd/Main St (Valley Metro Rail - Valley Metro (Phoenix Light Rail)) 3 min 16 min 0.9 mi
AirportDriveWalkDistance
Phoenix Sky Harbor International 25 min - 15.1 mi
Phoenix-Mesa Gateway 26 min - 15.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
Sophia Willets 561-269-9525 GRACE CRE
Sophia Willets 561-269-9525 GRACE CRE