Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$4,000,000
Last Modified:
3/28/2014
Search
1050 S HORNE, Mesa, AZ 85204
$4,000,000
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.
More Information MLS# 4847386
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: USA
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
Remarks Misc
Cross Street: Horne / Brown
Directions: South to Property
Geo Lat: 33.434596
Geo Lon: -111.815311
Status Change Info
Status Change Date: 2013-01-02
Off Market Date: 2013-01-02
Under Contract Date: 2012-12-01
Close of Escrow Date: 2012-12-31
Sold Price: $4,000,000
Legal Info
Township: 1N
Range: 5E
Section: 14
Lot Number: Q & Z
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: Comp Shingle
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building; Personal Property
Community Amenities: Pool; Manager Res/Office; Clubhouse; Game/Rec Room
Appliances Included: Refrigerator; Dishwasher; Disposal; Washer/Dryer
Heating: Natural Gas; Central
Cooling: Electric; Central A/C
Water: City Franchise
Sewer: Sewer - Public
Electric: City Electric
Gas: City Gas
Parking: Carport; >1 Space Per Unit; Add'l Parking Avail
Owner Pays: Water; Landscaping; Pool/Spa Maintenance
Tenant Pays: Sewer; Electric; Gas; Trash
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional; Seller May Carry; 1031 Exchange
Environmental: None
Listing Office: Stonecrest Properties
Last Updated: March - 28 - 2014
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