hidden village apt

Hidden Village Apartments



Year Built

1986



No. of Units

84



Land Area

2.95 acre

Sold

Purchase Price
$7,400,000 (5-2019)
Sold Price
$13,125,000 (03-2021)
Hold Period
Less than 2 Years
Property Type

Class B

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Hidden Village, built in 1986, is an 84-unit, 3-story apartment complex located in Mesa, Arizona. The unit mix consists of 24 one-bedroom units at 680 square feet, and 60-tow-bedroom units at 850 square feet. The average unit size is 801 square feet. The property is located on West Main Street along the Metro Light Rail Lina, with a nearby station.

Hidden Village is located along the light rail which is now extended over six miles into east Mesa with plans for future expansion. The $200 Million expansion of the Metro Light Rail was completed in 2015 and is used by thousands of additional commuters on a daily basis. The closest light rail stop is two blocks from the property and provides convenient transportation option for residents. Three of Arizona’s major freeways, the Loop 101, Loop 202, and US 60 are within about two miles of the property providing excellent access to locations across the Phoenix Metropolitan Area. The property’s outstanding location offers residents access to the Phoenix Metro Bus system and connections to the Metro Light Rail currently providing access from Mesa to Arizona State University and the Mill Avenue District in Tempe, to Phoenix Sky Harbor International Airport, and to northwest and downtown Phoenix.

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