EXCLUSIVE HORIZONTAL APARTMENT OPPORTUNITY
526 NORTH ELLSWORTH ROAD, MESA, AZ 85207
135 Units | Built 2023
Visit Doc CenterThe Opportunity
Peralta Vista is an institutional-quality, condo-grade horizontal apartment community in East Mesa — a rare, low-density product type in the Southeast Valley. Built in 2023 with HercuWall construction and premium finishes and amenities throughout, the property is one of only four existing horizontal apartment communities within a 3-mile radius, with zero additional horizontal supply currently under construction in Mesa. Furthermore, positive lease trade outs (3.5% avg. rent increase) demonstrate the durable cashflow of the asset and the strength of the East Valley submarket.
Peralta Vista sits at the gateway of the East Valley’s most sought-after master-planned corridor, anchored by Eastmark and Superstition Vistas/Blossom Rock, with Loop 202 frontage. Its desirable submarket is further augmented by its proximity to the East Valley’s concentration of white-collar employment spanning key sectors such as technology, finance, advanced manufacturing, and healthcare.
Investment Highlights
Best-in-Class, Horizontal Apartment with Condo-Level Finishes
Peralta Vista is a 2023-built, 135-unit single-story community offering spacious floorplans, condo-quality interiors, private backyards, and resort-style amenities—delivering privacy and comfort without the cost or maintenance of homeownership.
HercuWall Construction Supports Lower Operating Costs and Resident Savings
Constructed with durable, noncombustible HercuWall panels, Peralta Vista is designed to reduce maintenance and capital needs while offering enhanced insulation, sound control, air quality, and potential utility savings for residents.
Resilient Horizontal Apartment Fundamentals with Demonstrated Pricing Power
Horizontal apartments command a meaningful rent premium over conventional multifamily, supported by growing demand from renters seeking privacy, lifestyle flexibility, and freedom from homeownership responsibilities.
Limited Horizontal Apartment Competition Enhances Strong Property Performance
With limited developable land and restrictive development conditions in the East Valley, Peralta Vista benefits from a favorable supply-demand dynamic in a high-growth, high-wage submarket.
High Mortgage Rates and Limited Resales Bolster Rental Demand
Persistent affordability barriers—including rising mortgage costs, down-payment requirements, and a significant gap between household incomes and homeownership qualification levels—continue to expand the renter pool.
Prime Southeast Valley Location Near Leading Demand Generators
Positioned along Loop 202, Peralta Vista provides convenient access to approximately 800,000 jobs within 30 minutes, connecting residents to major technology, finance, and advanced-manufacturing employment centers.
Amenitized Living Surrounded by Premier Recreation, Retail & Top-Rated Schools
Peralta Vista is located in a desirable East Mesa corridor near outdoor recreation, established retail, quality schools, and emerging dining and shopping destinations.
Positioned Within the Valley’s Premier Master-Planned Corridor
Located near Eastmark and Superstition Vistas, Peralta Vista benefits from proximity to one of the East Valley’s most desirable master-planned corridors, capturing renters drawn to its established amenities, strong community identity, and lifestyle appeal.
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Contact Us
Investment Sales
Ryan Boyle
Senior Director
602.510.2972
[email protected]
AZ License #SA661064000
Andrew Curtis
Managing Director
602.571.4190
[email protected]
AZ License #SA676613000
Mark Forrester
Senior Managing Director
602.526.4800
[email protected]
AZ License #BR006620000
Dan Cheyne
Managing Director
602.327.4447
[email protected]
AZ License #SA578551000
Mortgage Banking
Michael Slovitt
Managing Director
312.845.3082
[email protected]
Grant Bailey
Senior Real Estate Analyst
312.845.5160
[email protected]
Phoenix Office
2425 E. Camelback Road
Suite 960
Phoenix, AZ 85016
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
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