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Executive Summary

Stone View on Horne is a 2023 built 10-unit luxury townhome community within walking distance of Downtown Mesa and the light rail. Mesa is the 3rd most populated city in Arizona with a current population over 515,000 residents and employs over 250,000 workers across diverse industries.
Positioned in a submarket with limited new townhome supply, Stone View on Horne is the only community in the immediate area to offer 4-bedroom units. This unique offering combined with its three-story construction sets it apart from the competition. The spacious luxury unit interiors are 2,200 square feet and offer stainless steel appliances, quartz countertops, open-concept great rooms, in-unit washer and dryer, plank flooring, custom cabinetry and a private attached garage. All of these features support strong resident retention and operational efficiencies.
The property offers a walk score of 83 out of 100 and is conveniently located in the heart of Mesa in close proximity to parks, retail and major employers. Its location across the street from Eagle’s Park provides residents with an additional recreational amenity just out of their front door. Additionally, there are four additional parks within 8-miles.
Higher education options include Benedictine University within 1-mile from the property and nearby Mesa Community College. Major employers nearby include Boeing, Banner Health, and the City of Mesa — with strong industries in aerospace & defense, healthcare, retail, education and local government.

Property Facts

Sale Type Investment
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Lot Size 0.41 AC
Building Size 22,000 SF
Average Occupancy 100%
No. Stories 3
Year Built 2023
Parking Ratio 0.45/1,000 SF
Opportunity Zone Yes
Zoning Multifamily - Multifamily

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Storage Space
  • Washer/Dryer
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Views
  • Walk-In Closets
  • Carpet
  • Dining Room
  • Double Pane Windows
  • Freezer
  • Island Kitchen
  • Patio
  • Porch
  • Large Bedrooms
  • Quartz Countertops

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+3.5 10 $2,880 2,200
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
138-28-109G
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$227,588
  • Listing ID: 40147784

  • Date on Market: 4/14/2026

  • Last Updated:

  • Address: 150 S Horne, Mesa, AZ 85204

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