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
- County Code
- Maricopa
- Subdivision
- Siesta Villa Apartments
- Assessor Number
- 137-10-002-Q
- Tax Year
- 2011
- Assessor's Map #
- 10
- Assessor's Parcel #
- 2
- Assessor Parcel Ltr
- Q
- Add'l Parcels
- Yes
- Tax Municipality
- Mesa
- Census Tract
- 420901
- Taxes
- 24141
- Legal
- PT NW4 BEG 1690.41' N OF CEN SEC W 872.20' TO PT ON SELY R/W LN
- Marketing Name
- Siesta Villa Apartments
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 $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Project Type
- 51 - 99 Units
- Yes
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
- Stucco
- Yes
Roofing
- Composition
- Yes
Floors
- Ceramic Tile
- Yes
- Carpet
- Yes
Sale Includes
- Land & Building
- Yes
- Personal Property
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Gas Exp
- 0
- Annual Ins Exp
- 0
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 0
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 0
- Annual Mgmt Exp
- 0
- Annual Trash Exp
- 0
- Annual Wtr/Swr Exp
- 0
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 0
- Operating Exp
- 24141
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 0
Pmt & Rate Info
- Down Payment
- 0
- Equity
- 4200000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Community Features
- Pool
- Yes
- Manager Res/Office
- Yes
- Clubhouse
- Yes
- Game/Rec Room
- Yes
Heating
- Natural Gas
- Yes
- Central
- Yes
Cooling
- Central Air
- Yes
- Electric
- Yes
Tenant Pays
- Gas
- Yes
- Sewer
- Yes
- Electricity
- Yes
- Trash Collection
- Yes
Appliances Included
- Dishwasher
- Yes
- Disposal
- Yes
- Refrigerator
- Yes
- Washer/Dryer
- Yes
Road Access Type
- Private Road
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Carport
- Yes
- >1 Space Per Unit
- Yes
- Add'l Parking Avail
- Yes
Electric
- City Electric
- Yes
Gas
- City Gas
- Yes
Owner Pays
- Water
- Yes
- Landscaping
- Yes
- Pool Maintenance
- Yes
New Financing
- Conventional
- Yes
- Owner May Carry
- Yes
- 1031 Exchange
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Existing 2nd Loan
- Other (See Remarks)
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Other (See Remarks)
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- None
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Efficiency Units
- Avg Rent
- 0
1 Bedroom Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
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
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