This Multifamily property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Multifamily For Sale, Mesa, AZ or Arizona

Fiesta Villas Condominiums

925 S. Longmore, Mesa, AZ 85202


26 Units | Multifamily

  • Print

Fiesta Villas Condominiums

Multifamily Property - Off Market

No. Units:
Building Size:
27,000 SF
Property Type:
Property Sub-type:
Property Use Type:
Cap Rate:
Listing ID
Last Updated
over 1 year ago


  • Lots & lots of potential for huge return!
  • Great location
  • Professionally managed


52 Unit Gated Community. Developer sold 26 units at an average sales price of $165,000. This offer is for a 50% partnership ownership in the remaining 26 units for $130,000 cash ($5,000/unit) and the assumpation of a $2,000,000 loan ($77,000/unit). No qualiying or personal liability on assumption. Hands on management by the origianl developer who would be your partner in this investment. All units are 2 bed/2 bath and have been fully renovated.

Located on Longmore just north of Southern and the Fiesta Mall, Mesa Community College and Banner Medical Center. Less than 10 minutes to Loop #101 and Arizona State University. Less than 15 minutes to Sky Harbor International Airport and Old Town Scottsdale. Great location! Gorgeous complex! Professionally managed! Lots & lots of potential for huge returns on resales when real estate markets improve. In the meantime, projected ROI 9.6%.

Map of 925 S. Longmore, Mesa, AZ 85202 (Maricopa County)

Research for 925 S. Longmore, Mesa, AZ 85202 (Maricopa County)

  • Demographics – Population, income & other demographics near 925 S. Longmore
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building