National - Venture on Country Club
CASH FLOW
We purchased a 120-unit hotel located at 1410 S Country Club, Mesa, Arizona 85210, and converted it into a cash-flowing short-term rental.
The property was originally built in 1985 and consists of 120 units - 35 studio units, 73 one-bedroom and one-bathroom units, and 12 two-bedroom and two-bathroom units. It was being operated as a hotel, but our plan is to re-zone it into a traditional multi-unit rental building. Zoning approval is required for this conversion and is expected to take about 12 months to obtain.