Riggs Circle Apartments 510 N Horne 25 Unit Apartment Building $4,950,000 ($198,000/Unit) Mesa, AZ 85203

Riggs Circle is a boutique apartment community located at 510 North Horne in Central Mesa, Arizona. The property comprises 25 well-designed units, offering a more intimate living environment than larger nearby complexes. Units feature practical in-home amenities including washer/dryer in suite, dishwashers, builtin microwaves, electric ranges, and assigned covered parking. Community amenities include a swimming pool and pet-friendly policies due to each unit having private back yards. The property’s central Mesa location places residents within walking distance of dining, retail, and local attractions, with convenient access to major roadways and employment centers. Its smaller scale and efficient amenity package appeal to renters seeking convenience, simplicity, and a walkable neighborhood setting. From an investment perspective, Riggs Circle benefits from stable rental demand driven by Mesa’s population growth and continued revitalization of the central submarket. The modest unit count supports operational efficiency, while classic construction and functional layouts attract long-term residents. Value-add potential exists through targeted interior upgrades, positioning Riggs Circle as a durable, well-located asset within the East Valley multifamily market.