Copper Heights 152 N 56th St 78 Unit Apartment Building $4,975,000 ($63,782/Unit) Mesa, AZ 85205

152 N 56th St – Mesa, AZ
•78-unit senior housing (vacant)
•61,969 SF | 1.8 AC
•Built 1974 | 2-story
•R-5 zoning
•Asking: $4.975M (~$80/SF | ~$63.8K/unit)
Highlights:
•Full value-add / reposition opportunity
•Assisted living / behavioral / memory care
•Strong demographics
•Large scale asset with institutional upside
52 N 56th Street presents a rare opportunity to acquire a 78 unit building in the heart of East Mesa. Formerly operating as Copper Heights, the ±61,969 SF property sits on approximately 1.8 acres and is zoned R-5 for high-density residential use.
The property is currently vacant, offering investors and operators a unique value add opportunity to reposition the asset as an assisted living facility, behavioral health center, memory care facility, or other potential related use.
The existing units include predominantly studio and 1 bedroom units with in suite restrooms, allowing for efficient reconfiguration and operational scalability.
Located within the rapidly growing area, the property benefits from strong demographic trends, including an increasing senior population and sustained demand for healthcare or affordable housing.
This is a rare chance to acquire a large scale, repositioning opportunity in one of Arizona’s most active and supply constrained real estate markets.