1050 S HORNE, Mesa, AZ 85204 (MLS# 4847386)

1050 S HORNE, Mesa, AZ 85204

$4,000,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $4,000,000 Last Modified: 3/28/2014

Overview

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.

Listing Details MLS# 4847386

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

Contract Info

Ownership
Fee Simple

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

Remarks Misc

Cross Street
Horne / Brown
Directions
South to Property

Status Change Info

Off Market Date
2013-01-02
Under Contract Date
2012-12-01
Close of Escrow Date
2012-12-31

Legal Info

Township
1N
Range
5E
Section
14
Lot Number
Q & Z

More Information

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

Contact Info

List Agent Home Phn
480-899-4262

Sold Info

Loan Type
Carryback
Loan Years
6
Payment Type
Balloon
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$

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
IDX
Listing Office: Stonecrest Properties
Last Updated: March - 28 - 2014
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