Just Listed

Sunrise on the Rail Apartments

Offering Price

$18,750,000

Price/Unit:
$199,468
Price/SF:
$219.54
Units:
94
Year Built:
1964 (52 units), 1985 (42 units)

Property Location

111 North Mesa Drive
Mesa, AZ 85203



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By submitting your information, you hereby acknowledge and agree that ABI Multifamily, LLC (“ABI”) has been retained as the exclusive broker for the Seller regarding the sale of the referenced property, and that Seller has requested that all inquiries and communications with respect to the sale of the referenced property be directed solely to ABI. You hereby acknowledge and agree that all information, documents and other materials disclosed to or received by you in or through this website shall be deemed proprietary and confidential and you hereby covenant and agree not to disclose any such information, documents and/or other materials to any other non-registrant or third party. You further hereby covenant and agree not to initiate any contact or discussions with any municipality, city, state, county or other governing agency regarding the potential purchase, use and/or development of any property featured on this website until and unless you have first entered into a written, signed contract for the purchase of such property, or obtained the owner’s prior written consent thereto. You further hereby acknowledge and agree that, by registering as a principal or broker, you represent and warrant to ABI that you are acting in that capacity. Further, by registering as a principal, you hereby acknowledge and agree that ABI will not pay a buyer’s broker fee to any outside buyer’s broker, registered group, company, and/or individual.

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By submitting your information, you hereby acknowledge and agree that ABI Multifamily, LLC (“ABI”) has been retained as the exclusive broker for the Seller regarding the sale of the referenced property, and that Seller has requested that all inquiries and communications with respect to the sale of the referenced property be directed solely to ABI. You hereby acknowledge and agree that all information, documents and other materials disclosed to or received by you in or through this website shall be deemed proprietary and confidential and you hereby covenant and agree not to disclose any such information, documents and/or other materials to any other non-registrant or third party. You further hereby covenant and agree not to initiate any contact or discussions with any municipality, city, state, county or other governing agency regarding the potential purchase, use and/or development of any property featured on this website until and unless you have first entered into a written, signed contract for the purchase of such property, or obtained the owner’s prior written consent thereto. You further hereby acknowledge and agree that, by registering as a principal or broker, you represent and warrant to ABI that you are acting in that capacity. Further, by registering as a principal, you hereby acknowledge and agree that ABI will not pay a buyer’s broker fee to any outside buyer’s broker, registered group, company, and/or individual.

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Document Vault - Sunrise on the Rail Apartments

Marketing Materials
SR_-_Offering_Memorandum.pdf (32 MB) Registration required to access this document.
SR_-_Marketing_Brochure.pdf (2 MB) Registration required to access this document.
Financials
SR_-_Cap_X_Report.xlsx (93 KB) [new] Registration required to access this document.
SR_-_Rent_Roll_4-1-24.xlsx (37 KB) Registration required to access this document.
SR_-_Feb_2024_T12_Operating_Statement.xlsx (54 KB) Registration required to access this document.
SR_-_Rent_Roll_3-1-24.xlsx (31 KB) Registration required to access this document.
SR_-_2023_T12_Operating_Statement.xlsx (84 KB) Registration required to access this document.
SR_-_2022_T12_Operating_Statement.xlsx (45 KB) Registration required to access this document.
SR_-_Rental_Rates_Sheet_3-19-24.pdf (168 KB) Registration required to access this document.
Permits and Licenses
SR_-_Washer_Dryer_Permit.pdf (59 KB) Registration required to access this document.
SR_-_Washer_Dryer_Plans.pdf (2 MB) Registration required to access this document.
SR_-_TPT_License.pdf (381 KB) Registration required to access this document.
SR_-_Pool_Permit.pdf (184 KB) Registration required to access this document.
Contracts
SR_-_Cox_Alarm.pdf (13 MB) [new] Registration required to access this document.
SR_-_Blue_Steel_Security_Contract__1_.pdf (4 MB) [new] Registration required to access this document.
SR_-_Water_Contract.pdf (1 MB) [new] Registration required to access this document.
SR_-_Cox_Office.pdf (745 KB) [new] Registration required to access this document.
SR_-_Cox_Property.pdf (561 KB) [new] Registration required to access this document.
SR_-_CoStar_Contract.pdf (96 KB) [new] Registration required to access this document.
SR_-_Cox_Alarm_Change_Form.pdf (84 KB) [new] Registration required to access this document.
SR_-_111_North_Mesa_Drive_-_Commerical_Utility_Agreement.pdf (154 KB) [new] Registration required to access this document.
SR_-_111_North_Mesa_Drive_-_Landlord_Agreement.pdf (216 KB) [new] Registration required to access this document.
SR_-_144_North_Lesueur_-_Landlord_Agreement.pdf (217 KB) [new] Registration required to access this document.
SR_-_130_North_Lesueur_-_Landlord_Agreement.pdf (216 KB) [new] Registration required to access this document.
SR_-_130_North_Lesueur_-_Commercial_Utility_Agreement.pdf (154 KB) [new] Registration required to access this document.
SR_-_144_North_Lesueur_-_Commercial_Utility_Agreement.pdf (154 KB) [new] Registration required to access this document.
SR_-_Valet_Trash.pdf (3 MB) Registration required to access this document.
SR_-_Waste_Management.PDF (27 KB) Registration required to access this document.
SR_-_Pool_Service.pdf (81 KB) Registration required to access this document.
SR_-_Landscaping.pdf (303 KB) Registration required to access this document.
SR_-_Patrol_Service.pdf (4 MB) Registration required to access this document.
SR_-_Patrol_Service_Addendum.pdf (256 KB) Registration required to access this document.
SR_-_Pest_Control.pdf (190 KB) Registration required to access this document.
Past 3rd Party Reports
SR_-_2021_ALTA_Survey.pdf (805 KB) Registration required to access this document.
SR_-_2021_Phase_I.pdf (64 MB) Registration required to access this document.
SR_-_2019_ALTA_Survey.pdf (1 MB) Registration required to access this document.
SR_-_2019_Phase_I.pdf (33 MB) Registration required to access this document.
SR_-_2013_ALTA_Survey.pdf (1 MB) Registration required to access this document.
SR_-_2013_Zoning_Verification_Letter_-_111.pdf (1 MB) Registration required to access this document.
SR_-_2013_Zoning_Verification_Letter_-_130.pdf (1 MB) Registration required to access this document.
Insurance
SR_-_Insurance_Broker_Estimate_4-15-24.pdf (88 KB) [new] Registration required to access this document.
SR_-_Insurance_Loss_Runs_4-4-24.pdf (203 KB) [new] Registration required to access this document.
Warranties
SR_-_Foam_Warranty_UAS.pdf (0 MB) Registration required to access this document.
SR_-_HVAC_Installs_Warranty.pdf (382 KB) Registration required to access this document.
SR_-_Shelton_UAS_Service_Warranty_2019.pdf (503 KB) Registration required to access this document.
SR_-_Shingle_Warranty_UAS.pdf (0 MB) Registration required to access this document.
Property Taxes
SR_-_138-26-002_Tax_Bill.pdf (249 KB) Registration required to access this document.
SR_-_138-26-002_Valuation.pdf (733 KB) Registration required to access this document.
SR_-_138-26-009A_Tax_Bill.pdf (250 KB) Registration required to access this document.
SR_-_138-26-009A_Valuation.pdf (835 KB) Registration required to access this document.
SR_-_138-26-009B_Tax_Bill.pdf (250 KB) Registration required to access this document.
SR_-_138-26-009B_Valuation.pdf (866 KB) Registration required to access this document.
SR_-_138-26-012_Tax_Bill.pdf (249 KB) Registration required to access this document.
SR_-_138-26-012_Valuation.pdf (733 KB) Registration required to access this document.
Loan Quotes
SR_-_ABI_CC_Loan_Matrix_4-9-24.pdf (135 KB) [new] Registration required to access this document.
Title
SR_-_Title_Report.pdf (321 KB) Registration required to access this document.
Offer Template
SR_-_Offer_Template.docx (39 KB) Registration required to access this document.

Primary Contacts

Alon Shnitzer
Senior Managing Partner
602.714.1283
alon.shnitzer
@abimultifamily.com
Lic. # AZ : BR534786000

Eddie Chang
Senior Partner
602.714.1398
eddie.chang
@abimultifamily.com
Lic. # AZ : SA545071000

Additional Contacts

Rue Bax
Associate Broker
602.714.1406
rue.bax
@abimultifamily.com
Lic # AZ : BR531213000

Doug Lazovick
Senior Partner
602.714.1388
doug.lazovick
@abimultifamily.com
Lic # AZ : BR552832000