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Villas at Vesta Views 15620 N El Mirage Rd 72 Unit Apartment Building For Sale Surprise, AZ 85378

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Investment Highlights

  • 72 Two-Story Townhomes & Common Area, Completed in September 2025
  • Each Residence Includes a Two-Car Direct Access Garage & Fenced Ground Floor Back Patio
  • Located in the City of Surprise, Arizona - One of Arizona's Fastest-Growing Cities
  • Attractive Mix of 3-Bed / 2.5-Bath & Unit Types (All 1,312 SF Units)
  • Unit Amenities Include Stainless Steel Appliance Package, Granite Countertops, Shaker Cabinets, & Front-Loading Washer & Dryer
  • Offered All Cash / New Loan

Executive Summary

Villas at Vesta Views Townhomes is a 72-unit, rental townhome community located in the Surprise submarket of Phoenix, AZ. Situated on the west side of North El Mirage Road, just north of the US-60 highway, the property provides easy access to the entire Phoenix Valley by way of the SR-101 and SR-303 highways. There are numerous dining and entertainment options within close proximity to the property including the Westgate Sports and Entertainment Districts (approximately 20 minutes south of the property) which encompasses the Desert Diamond Arena, Desert Diamond Casino, State Farm Stadium, as well as the upcoming Vai Resort and Mattel Adventure Park development projects.
Surprise, Arizona is a rapidly expanding northwest Phoenix-Valley community that has consistently ranked among the fastest-growing cities in the region and even nationally in recent years, driven by strong residential, commercial, and job growth as its population has surged and is projected to continue expanding significantly in the coming decade. Notable attractions include Surprise Stadium – home to Cactus League spring training for the Kansas City Royals and Texas Rangers, the White Tank Mountain Regional Park with extensive hiking and outdoor recreation, and a multitude of tennis and racquet complexes, golf courses, and family-friendly destinations like Wildlife World Zoo & Aquarium.
Completed in 2025, the Villas at Vesta Views Townhomes consists of 16 two-story wood frame and stucco buildings with flat roofing resting on an approximate 4.41-acre site. The property features an attractive unit mix which consists of 72 two-story 3-bedroom / 2.5-bathroom townhome units approximately 1,312 SF each. All units are equipped with a two-car direct-access garage and are individually metered for electricity with individual hot water heaters. Unit interiors feature air conditioning / heating, front-loading washer / dryer, fenced ground floor back patio, granite countertops, shaker cabinetry, and stainless steel appliance package. The community also provides its residents with a children’s playground and additional open parking.
Significant employers in proximity to the property include the City of Surprise, Luke Air Force Base, BNSF Railway Automotive Distribution Center, and Westgate Sports & Entertainment District.

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type Investment
No. Units 72
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class A
Lot Size 4.41 AC
Building Size 96,464 SF
No. Stories 2
Year Built 2024
Parking Ratio 1.66/1,000 SF
Opportunity Zone Yes
Zoning Residential

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Microwave
  • Heating
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Walk-In Closets
  • Patio
  • Vinyl Flooring

Site Amenities

  • 24 Hour Access
  • Playground

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2.5 72 - 1,312

Property Taxes

Property Taxes

Parcel Number
501-23-118
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$292,405 (2025)
  • Listing ID: 39492204

  • Date on Market: 2/19/2026

  • Last Updated:

  • Address: 15620 N El Mirage Rd, Surprise, AZ 85378

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