Properties
Mesa, AZ 85203 510 N HORNE --
$4,750,000
13 more
Presented By: Orion Investment Real Estate; 480-634-6934
Home Details
The Riggs Circle Apartments consists of 25 units, all 2bed/1bath with private yards and washer/dryer in unit. The garden style property has covered parking and an on site pool for tenant amenities. 16 of the 25 units have now been renovated and the property is fully occupied.
Presented By: Orion Investment Real Estate; 480-634-6934
Interior Features for 510 N HORNE --
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringTile
Heating Y/NYes
General for 510 N HORNE --
Additional Parcels Y/NNo
Attached Garage No
Cap Rate6.47
Carport Y/NNo
CityMesa
Community FeaturesPool
Construction MaterialsStucco, Block
CoolingCeiling Fan(s), Electric, Individual
CountyMaricopa
DirectionsFrom Horne and University, drive north of Horne. Property is on west side of street.
DisclosuresNone
ElectricSRP
Elementary School DistrictMesa Unified District
Garage Y/NNo
Gross Income434625.0
HeatingElectric
High School DistrictMesa Unified District
Lease Considered Y/NNo
Lease Renewal Y/NNo
MobileHomeRemainsYNNo
Net Operating Income320250.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
Number Of Units Total25
Open Parking Spaces25.0
Operating Expense8748.0
OwnerPaysTrash Collection, Water, Sewer, Landscaping
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameGREEN ACRES RE-PLATTED
Tax Annual Amount8748.0
Tax Lot13
Tax Year2025
Township1N
Year Built1971
ZoningM-H
Exterior for 510 N HORNE --
Covered Spaces25.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot DimensionsIRR
Number of Buildings7
Parking FeaturesPaved, Free, Assigned, >1 Space Per Unit
Road Surface TypeAsphalt
SpaNo
Total Parking50.0
Water SourceCity Franchise
Additional Details
Price History
