|
|
4/09/25
|
Bella Encanta, a 212-unit, luxury, build-to-rent (BTR) home community located in Mesa, AZ, was acquired by a global institutional investor for $95.75 mil ($452k/unit). The asset was sold by Bela Flor Communities.
Completed in 2023, Bella Encanta features duplex-style homes with the largest floorplans in the rental submarket, custom home-quality unit interiors, and comprehensive resort-inspired amenities, including a swimming pool area with two spas, poolside cabanas, sundeck and barbecue grotto. The community’s resident clubhouse includes a large fitness center with a climbing wall, demonstration kitchen, billiards table, leasing office, conference room, meeting space and seating areas.
Bella Encanta has extensive outdoor amenities, including soccer fields, two pet parks with a wash station, a sand volleyball court, a basketball half-court, two pickleball courts, a children’s playground, walking paths and multiple picnic areas with barbecue grills.
Bella Encanta’s home interiors feature wood-style plank flooring throughout, 10' ceilings downstairs and 9' ceilings upstairs, full-size Samsung or LG washer and dryer and ceiling fans with LED lighting in all bedrooms and living room. Gourmet kitchens include premium granite countertops with a large undermount sink, an eat-in island, stainless steel Samsung or LG appliance package with gas cooktops, pendant lighting, shaker cabinetry and a subway tile backsplash.
CBRE's Griffen Tymins, Asher Gunter, Matt Pesch, Sean Cunningham and Austin Groen represented Bela Flor Communities in the transaction.
|
|
 Return to the previous page
|
|
|
|
|
Printer-friendly Version
Email an Associate
