The Rio

JLL is pleased to present The Rio, a 44-unit garden-style apartment community in the rapidly growing Mesa submarket. Built in 1986, the Property is made of wood-frame construction with pitched composite tile roofs and is individually metered for electricity. The Rio sits on 1.79-acres of well-manicured landscaping with mature shade trees throughout the Property.

The two-story community offers one and two bedroom floor plans that are extremely spacious and well-designed. Current ownership has upgraded approximately 61% of the units with platinum-level finishes featuring vinyl plank flooring, quartz countertops, stainless-steel appliances, brushed-nickel hardware, decorative tile backsplash, upgraded bathroom hardware, and modern floor-to-ceiling shower tile.

In addition to the recent remodel, all units have in-suite washers and dryers. With 39% of units able to be upgraded to platinum-level finishes alongside the exterior landscaping and community amenities recently enhanced by current ownership, The Rio will provide the unique opportunity for a new owner to significantly increase revenue by completing the renovation program.