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Luxury Townhome Community Near Downtown
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150 S Horne, Mesa, AZ 85204

Built in 2023, 10-unit community near light rail.

Property Size22,000 SF
Days on Market152

Property Features for 150 S Horne

General Information

Standard status Active
Size 22,000 SF
Class A
Property subtype Multifamily
Zoning RM-4
Occupancy 100%
Investment Type Stabilized

Building Details

Year Built 2023
Buildings 3
Stories 3
Units 10
Listing Agency: Cushman & Wakefield - Phoenix, Arizona
Listed By: Jeems Lochridge · License #AZ SA685245000
Source: Crexi
Added: Mar 24 Changed: Aug 15 Last Checked: Aug 20 at 9:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - Phoenix, Arizona

Investment Insights

Based on property information with market context.

Stone View on Horne is a 10-unit luxury townhome community constructed in 2023. The property is located within walking distance of Downtown Mesa and the light rail. Each unit offers 2,200 square feet of living space and includes stainless steel appliances, quartz countertops, open-concept great rooms, in-unit washer and dryer, plank flooring, custom cabinetry, and a private attached garage. The property is intended for multifamily or residential income use.

Key Highlights

  • New Construction (2023): Modern build with contemporary design and features.
  • Luxury Townhome: Enjoy high‑end finishes and a spacious layout.
  • Large Unit Size: 2,200 square feet provides ample living space.

Property Analytics

Current Use

Stone View on Horne Townhouse Complex

Suggested Use

Top Pick Real Estate Agency Law Firm Computer & Electronic Repair Veterinary Clinic Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,065
Businesses Nearby

Demographics for 85204, AZ

63,808
Population
24,536
Households
2.6
Avg Household Size
33
Median Age
20%
College-Educated
84%
High-School Grad
9.9 sq mi
ZIP Area
6,445
Density / Sq Mi
$69,474
Median Household Income
$40,347
Median Earnings
$1,426
Median Rent
$296,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Built in 2023, 10-unit community near light rail.
Where is this apartment building located?
The property is located at 150 S Horne Mesa, AZ.
What are key features of this property?
This property features: New Construction (2023): Modern build with contemporary design and features.; Luxury Townhome: Enjoy high‑end finishes and a spacious layout.; Large Unit Size: 2,200 square feet provides ample living space.
More about this property
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