The Property
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Well-Maintained 4-Unit Asset | Favorable HOA Structure | Strong Upside Potential Discover an exceptional multifamily investment opportunity in the thriving East Valley at 360 E Brown Rd, Mesa AZ. Located within the desirable Sun Gardens Apartments community, this property combines stability, tenant appeal, and significant income growth potential—ideal for investors seeking dependable returns with low management demands. Property OverviewOriginally built in 1980, this well-maintained four-plex features a diverse unit mix designed for long-term occupancy and operational flexibility:
Each unit enjoys private fenced patios, individual washer and dryer hookups, and access to the well-kept community pool. HOA & Operating Advantages
Unit Highlights
Community Features
Investment Highlights
SummaryWith a strong unit mix, favorable HOA structure, and RUBS system already in place, 360 E Brown Rd offers investors a turnkey, income-producing asset positioned for both stability and growth. Its combination of efficient operations, tenant-friendly amenities, and continued rental upside makes this a compelling opportunity in the heart of Mesa’s thriving multifamily market. Buyer to verify all facts and figures |
Virtual Tour-Coming Soon
If you‘re interested in exploring the features of this property without leaving the comfort of your home, I highly recommend checking out the virtual tour. By clicking on the link provided, you’ll have the opportunity to experience a 360-degree view of the property, giving you a more immersive and interactive perspective. So why not take advantage of this convenient and innovative tool and discover what this property has to offer?
Location
Located in the rapidly growing East Valley submarket of Mesa, 360 E Brown Rd offers investors a property positioned in one of the most dynamic and high-demand rental corridors in the Phoenix Metro area. Mesa’s blend of affordability, accessibility, and employment diversity continues to attract long-term tenants, making it a consistent performer in multifamily investment portfolios.
Prime East Valley Location
Nestled just east of Country Club Drive and minutes from Downtown Mesa, this property enjoys close proximity to major transportation routes including Loop 202, Loop 101, and U.S. 60, ensuring seamless connectivity throughout the Valley. The nearby Valley Metro Light Rail provides direct service to Tempe, ASU Main Campus, and Downtown Phoenix, expanding the appeal to students and commuters alike.
Major Employers & Economic Drivers
Mesa’s economy is anchored by a diverse employment base spanning healthcare, education, aerospace, and technology. The property is conveniently located near several major employers such as:
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Banner Desert Medical Center – One of the largest hospitals in Arizona, providing over 3,000 jobs.
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Banner Baywood Medical Center and Banner Heart Hospital – Renowned medical facilities serving the East Valley’s growing population.
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Boeing Defense, Space & Security – A leading aerospace manufacturer employing over 3,500 in nearby northeast Mesa.
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Phoenix-Mesa Gateway Airport – A major transportation and logistics hub that supports thousands of regional jobs.
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Mesa Community College and ASU Polytechnic Campus – Two strong education anchors attracting students and staff seeking nearby housing.
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Apple Data Command Center, Amazon Fulfillment Centers, and Meta’s Mesa Data Center – Recent corporate investments further fueling rental housing demand.
Healthcare & Education Access
The property benefits from proximity to multiple top-rated healthcare facilities including Banner Children’s at Desert, Mountain Vista Medical Center, and Arizona Spine & Joint Hospital. Educational institutions such as Mesa High School, Edison Elementary, and Mesa Community College serve the area, drawing both families and student renters.
Lifestyle & Recreation
Tenants enjoy easy access to Mesa’s recreational amenities and retail conveniences. Nearby destinations include Riverview Park, Mesa Riverview Shopping Center, Tempe Marketplace, and Hohokam Stadium, the spring training home of the Oakland Athletics. For outdoor enthusiasts, the Usery Mountain Regional Park, Salt River, and Red Mountain trails offer abundant hiking, biking, and kayaking options. Cultural attractions such as the Mesa Arts Center, Arizona Museum of Natural History, and local breweries add to the area’s community charm and lifestyle appeal.
Market Strength
Mesa continues to lead the East Valley in population and job growth, consistently ranking among Arizona’s top-performing rental markets. The city’s focus on revitalization, infrastructure expansion, and technology-driven employment hubs has created a long-term growth environment for investors. This steady demand ensures strong occupancy levels, rent stability, and the potential for continued NOI growth at 360 E Brown Rd.
Sale Price
Effective Operating Income
Operating Expenses
Net Operating Income
Cap Rate
Sale Price
Proforma Effective Income
Proforma Operating Expenses
Proforma Net Operating Income
Proforma Cap Rate
Offering Memorandum and Marketing Flyer
To access the Offering Memorandum or the one page Flyer, simply click on the button located below. From there, you’ll be able to download the document in PDF format.
Our Offering Memorandum is an essential resource for anyone who is considering investing in our opportunity. It includes all the necessary information, such as the investment terms, potential risks, financial projections, and more. By reviewing this document, you’ll have a complete understanding of what the investment entails.
If you have any questions or would like to learn more about our investment opportunity, please don’t hesitate to reach out to us. We’re always happy to answer any questions and provide you with the information you need to make an informed decision.
Thank you for considering our investment opportunity, and we hope to hear from you soon!
Documents

Rent Roll
Rental Comps
Year to Date Books and Records
Last Years Books and Records-2024
List of Improvements
Floor Plans and Appraiser Measurements
Platt Map
CCRs
Schedule of Personal Property
Seller Property Disclosure
Seller Property Disclosure 1-4 Units
Warranties
Market Condition Advisory
Lead Based Paint Disclosure
Addendum to the Residential Purchase Contract 1-4
We‘d like to invite you to check out the additional photos we have uploaded to our website for our property. These photos offer a more detailed view of the property from various angles and perspectives, giving you a better understanding of its layout and features. Take a few moments to browse through these photos to see for yourself what our property has to offer. We believe that they will provide you with a better insight into our property. Thank you for considering this property, and please don’t hesitate to contact us if you have any questions.
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