1045 S San Jose St
Mesa, AZ 85202
The Flats · Multifamily Property For Sale · 112 Units

Built in 1975, the 112-unit property offers residents attractively designed studio, one- and two-bedroom floor plans with a weighted average unit size of 593 square feet. The property interiors feature fully-equipped kitchens with dishwashers, spacious closets, and oversized windows inviting natural light. Select apartment interiors feature new white appliances, refinished cabinet boxes and doors with hardware, resurfaced counter tops and bathtubs, vinyl wood-style flooring, lighting and ceiling fan upgrades, as well as two-tone paint (51). Revitalized amenities throughout the community include a re-plastered and re-decked swimming pool with relaxing pool furniture, built-in masonry stainless steel gas grills as well as three charcoal barbecues and dog park. A new monument sign was also added and two of the seven buildings received a roof replacement, along with property exterior paint and stucco and fascia repair. The community also features a basketball/tennis court, community laundry care center, and covered parking (108). Located in the heart of the Fiesta District a two-square-mile business destination containing the second largest employment concentration in the city of Mesa is the Fiesta Mall, a ±925,000-square foot regional mall, located less than two miles southeast of Village Green. The 38-year-old mall is at the center of proposed redevelopment negotiations with plans to transform the area into a modern mixed-use office, retail and entertainment destination. A local Scottsdale Developer has already begun construction on the 160,000-square foot former Macy' s building with the hopes of reinventing the space as a single or multi-tenant office location. As one of the city' s most prominent business corridors, the Fiesta district features a skilled workforce, easy market access, and extensive infrastructure to accommodate its nearly 16,000 employees. Over the last several years, this district has seen sizable redevelopment with more than $435 million invested by companies such as Esurance, National General Lender Services, Iveda, and UTi Inventory Management Solutions.