Retreat at Mesa Hills_Property for Sale
Retreat at Mesa Hills_Property for Sale
945 S Mesa Hills Dr, El Paso, TX, 79912-5122, US

Retreat at Mesa Hills

Asset Description

Jones Lang LaSalle Americas. Inc. or its state-licensed affiliate has been exclusively retained to offer an opportunity for qualified investors to purchase the fee simple interest in Retreat at Mesa Hills (the “Property”). The Retreat at Mesa Hills offers investors the opportunity to acquire an institutional quality asset in the burgeoning El Paso market. Completed in multiple phases, the asset consists of 752 units located in the affluent northwest side of El Paso where the average household income is 21% higher than the city average. The Property sits adjacent to Interstate-10 and is just blocks from Mesa Street providing residents with convenient access to the city’s most desirable retail as well as larger employment centers such as the University of Texas at El Paso, The Hospitals of Providence and the El Paso CBD. Truly unique in the El Paso market, Retreat at Mesa Hills offers community amenities similar to boutique resorts resulting in consistent leasing demand, strong property performance and rental premiums for interior upgrades. New ownership is afforded the opportunity to continue or expand upon proven interior upgrades allowing for rental rate increases. 

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Attributes

Number of units
752
Occupancy
95.7%
Year built
1995
Building area net
65,898 m²
Land area net
14.78 ha

Media

Investment Highlights

Community Features:

  • Three Resort-Style Swimming Pools with Sun Deck
  • Resident Clubhouse
  • Fitness center
  • Veranda Game Room with Billiards Table
  • Internet Café with Coffee Bar
  • Beach Volleyball Courts
  • Lighted Tennis Court
  • Playground
  • Movie Theater
  • Gated Community with Privacy Stone Walls
  • BBQ Grills & Picnic Areas
  • Shaded Cabanas and Swings Throughout Property
  • Attached & Detached Garages

Unit Features:

  • Stainless Steel Appliances
  • Wood-Style Flooring*
  • Brushed Nickel Hardware
  • Modern Lighting Package
  • Undermount Sink with Gooseneck Faucet
  • Full-Size Washer/Dryer in Unit
  • Patios & Solariums*
  • 2” plantation blinds
  • Garden Tub


*In Select Units


Retreat at Mesa Hills 4_Property for Sale

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Last updated
3 Oct 2024