Courtesy: ABI Multifamily
602-714-1400
Meridian 21 is a single-story complex with solid block construction. All the units are 2-bedroom / 1-bathroom units, with individual A/C units, water heaters, and electric meters. The property features plenty of parking and an interior courtyard space, as well as landlord owned onsite coin laundry. The units have been well maintained and updated over the years. Value-add options exist through adding fences to give units private outdoor space, as well as through additional interior / exterior upgrades, and adding interior washers and dryers. Meridian 21 is a 21-unit apartment complex located in Apache Junction, just east of Mesa, AZ. The property is well located, just minutes from a large commercial complex featuring Walmart Supercenter, Planet Fitness, Safeway, and more. It is approximately 3 miles east of Loop 202 and 3 miles north of Interstate 60. This part of the valley is known for its natural desert beauty, mountain views, and easy access to outdoor and recreational activities. With limited nearby competition this property has maintained a high level of historical occupancy. The southeast valley continues to be a highly sought after area for residents with its many freeway access points and many commercial / retail options. Given the lack of inventory in the area, Meridian 21 should prove to be a great multifamily property for an investor looking for a solid performing, bite-sized opportunity in a good, supply constrained submarket.
Courtesy: Perk Prop
480-830-5695
Great investment opportunity in Apache Junction! 2 separate units - each are 2 bedroom, 2 baths. No HOA! Close to grocery stores and local restaurants.
Apache Junction is located in Arizona. Apache Junction, Arizona has a population of 38,452. Apache Junction is less family-centric than the surrounding county with 19.33% of the households containing married families with children. The county average for households married with children is 28.54%.
The median household income in Apache Junction, Arizona is $39,119. The median household income for the surrounding county is $52,628 compared to the national median of $57,652. The median age of people living in Apache Junction is 52.2 years.
The average high temperature in July is 105.2 degrees, with an average low temperature in January of 41.8 degrees. The average rainfall is approximately 12 inches per year, with 0 inches of snow per year.
