Taylor Street Advisors Brokers $5.6M Sale of Multifamily Complex in Mesa, Arizona

MESA, ARIZ. — Taylor Street Advisors has arranged the sale of The Horne Portfolio, an apartment complex in Mesa. A local private capital owner sold the asset to a local syndicator and professional investor for $5.6 million, or $200,000 per unit.

Located at 111-113 N. Horne St., the portfolio features 28 two-bedroom/one-bathroom apartments, individually metered for electric with individual HVAC units., in single-story, garden-style buildings.

Brian Tranetzki and Anton Laakso of Taylor Street Advisors represented the seller in the deal.