Mesa, Arizona Sun Villa is a one-story apartment community built in 1976, comprising 98 rental units, and was recently renovated in 2008. The unit mix is...
Apartment Building - Sun Villa Resort Apartments
Status: Price: Bldg. Size: Units: Cap Rate: Primary Type: Sub-Type:
Active $1,200,000 12,260 SF 20 8.50% Multifamily Garden/Low-Rise
Highlights
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Fountain of the Sun amenities include: 18-hole golf course, resort style pool, exercise room, billiards room, plus a variety of clubs and activities
Units have courtyard entrances and interiors with granite counter tops
Select units have stainless steel appliances and travertine showers
Description
Sun Villa is a one-story apartment community built in 1976, comprising 98 rental units, and was recently renovated in 2008. The unit mix is approximately 48% studio-bedroom and 52% one-bedroom units. Construction is of wood and painted stucco, with flat built-up roofs. Heating and cooling is provided by individual roof and wall-mounted air conditioning units. All units have a private courtyard at the entrance. The property is individually-metered for electricity, and the costs associated with usage inside the dwelling units (including heating and cooling) are the responsibility of the resident.
Common amenities specific to Sun Villa Resort Apartments include a swimming pool, outdoor propane barbeques, laundry facilities, abundant open parking spaces and the previously-described amenities of Fountain of the Sun. Interior amenities include granite counter tops, glass top stoves, garbage disposals, walk-in closets, and travertine walk-in showers in select units. The complex has a large stand-alone rental office with good visibility from the main entrance.
Sun Villa Resort Apartments is located at 650 S. 80th St. within Fountain of the Sun Senior Living Community, a private adult master-planned community and country club. The property is situated one-quarter mile south of the entrance to the Fountain of the Sun community on Broadway Road, a major east-west thoroughfare running through Mesa, the third-largest city in Arizona. The entrance to the community is secured by a guard gate manned 24 hours per day.
Fountain of the Sun Senior Living Community provides various opportunities for residents to maintain an active lifestyle, including an 18-hole golf course, fishing pond, senior clubs and classes, a fitness center and an activity center with billiards, ceramics, and other activities. Residents of Sun Villa Resort Apartments have access to these community amenities and activities.
Fountain of the Sun Senior Living Community, including the Sun Villa Resort Apartments, is subject to age-specific zoning restrictions. Each unit shall be occupied by at least one person not less than 55 years of age; and no person 18 years of age or under shall reside in any dwelling for a period of time exceeding 90 days, in a 12 month period.
