SONOMA GARDENS
1915 East Broadway Road, Mesa, AZ
Purchased in July 2013, Sonoma Gardens is comprised of 97 multifamily units located on East Broadway Road in Mesa, Arizona with excellent access to both the US 60 and the 202 Freeway. The two story apartment community presented an ideal opportunity for value creation through strategic renovations. With an investment of roughly $857,000, the property was revitalized and subsequently sold in September 2016, generating considerable profits.
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The property underwent renovations over 36 months. Throughout this process, management strategically changed the tenant profile to higher income residents resulting in an occupancy of 97% as of September 2016
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• BBQ Area
• New Signage
• Solar Screens on all Windows
• Quality Landscaping
• Recently Painted Exterior
• Covered Parking
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• Wood-Style Flooring
• Faux Granite Countertops
• New Appliances
• New Cabinets
• Upgraded Light Fixtures
Take a look around Sonoma Gardens below