Sonoma View Apartments

3030 E Broadway Rd Mesa, AZ

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FOR SALE Incentives
Property Type:
MultiFamily Apartments
Amount:
$9,850,000
Last Verified:
Jul 29, 2015


Located in an infill area in East Mesa on a heavily traveled arterial road. Less than two miles to the Superstition Freeway (US-60) allowing easy access to Tempe, Phoenix, and the rest of the Phoenix Metro Area. Desert View is also about four miles east of historic downtown Mesa and the numerous shopping, dining and entertainment options in the area.

**PLEASE DO NOT VISIT THE PROPERTY WITHOUT FIRST SCHEDULING AN APPOINTMENT THROUGH THE LISTING AGENTS. ALL PROPERTY TOURS TO BE SCHEDULED AT LEAST 48 HOURS IN ADVANCE.**
Strong Value-Add Opportunity
Major Renovations Completed in 2013 & 2014
Highly Desirable Unit Mix; 86% 2BR/2BA Units
Great East Mesa Infill Location with Superior Exposure on Major East-West Thoroughfare
Assumable Financing with Interest Only Payments
Year Built: 1985
Building Size: 97146.0sq ft
Lot Size: 4.58 acres

Map of 3030 E Broadway Rd, Mesa, AZ, 85204

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Cell: (602) 284-6067
Office: (480) 425-5522


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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.