510 N Horne - Apartments FOR SALE
Mesa, AZ 85203 |
510 N Horne
Mesa, AZ 85203
HIGHLIGHTS
- 7 of the 25 units are renovated with in-suite washer & dryers, stainless steel appliance package, new kitchens, new bathrooms, new plumbing & eletric
- Below market rents for a perfect value add opportunity to capitalize on the growth in the Mesa submarket
- Proven renovation plan with new rent levels already achieved at a $488 premium over the in place average rent
- Located just minutes from downtown Mesa, home to over 300 local business, city hall, new multifamily class A construction
- Mesa AZ boasts some of the largest and most dynamic industrial developments in the metro area
- Located in the 2nd largest city in the Phoenix metro area and 3rd largest in the state of Arizona
FOR SALE DETAILS
PRICE
-
# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Riggs Circle
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
16560
STORIES
1
YEAR BUILT
1971
PARKING SPACES
49
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
137-13-092A
