$4,000,000
Mesa, AZ 85204
MLS# 4847386
Status: Closed
1 / 8
Property Description
Amazing construction and meticulously maintained. Solid rent roll and a great long term hold property. Two parking spaces per unit. All single level with private backyards. Mixed 2 & 3 bedroom units. On property laundry owned. Pool and club room, plus other amenities.
Details
Contract Info
Current Price: $4,000,000
Sold Price: $4,000,000
Status: Closed
List Date: 2012-11-08
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: Q39
House Number: 1050
Compass: S
Street Name: HORNE
St Suffix: --
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85204
Country: US
County Code: Maricopa
Subdivision: Siesta Villa Apartments
Assessor Number: 137-10-002-Q
Tax Year: 2011
General Property Description
Lot Size Dimensions: Irr
Year Built: 1973
Uncvrd Parking Spcs: 15
Total # of Units: 69
# of Buildings: 6
Zoning: M-H
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Legal Info
Township: 1N
Range: 5E
Section: 14
Lot Number: Q & Z
Contact Info
List Agent Home Phn: 480-899-4262
2 Bedroom Units
# 2 Bedroom Units: 62
Avg Rent: 650
Avg SqFt: 943
# Baths: 2
3 Bedrooms Units
# 3 Bedroom Units: 7
Avg Rent: 790
Avg SqFt: 1082
# Baths: 2
Sold Info
Loan Type: Carryback
Loan Years: 6
Payment Type: Balloon
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Remarks Misc
Cross Street: Horne / Brown
Directions: South to Property
Geo Lat: 33.434596
Geo Lon: -111.815311
Status Change Info
Off Market Date: 2013-01-02
Under Contract Date: 2012-12-01
Close of Escrow Date: 2012-12-31
Sold Price: $4,000,000
Property Features
Project Type: 51 - 99 Units
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building; Personal Property
Community Features: Pool; Manager Res/Office; Clubhouse; Game/Rec Room
Appliances Included: Refrigerator; Dishwasher; Disposal; Washer/Dryer
Heating: Natural Gas; Central
Cooling: Electric; Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: City Electric
Gas: City Gas
Parking Features: Carport; >1 Space Per Unit; Add'l Parking Avail
Road Access Type: Private Road
Road Surface Type: Asphalt
Owner Pays: Water; Landscaping; Pool Maintenance
Tenant Pays: Sewer; Electricity; Gas; Trash Collection
Source of Fincl Data: Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional; Owner May Carry; 1031 Exchange
Environmental: None
Listing Office: Stonecrest Properties
Last Updated: March - 28 - 2014
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
