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Bela Flor Communities Sells 212-Unit Bella Encanta In Mesa For $95.7 Million

Property Image
SOLD
$95,700,000
Sean Cunningham
Asher Gunter
Matt Pesch
+ 2

Arizona

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Single Family Residence
Sold 04/09/2025
the dealplayerscompscontact
Property Image
SOLD

Bela Flor Communities Sells 212-Unit Bella Encanta In Mesa For $95.7 Million

9745 East Hampton Avenue

See Similar Deals
Single Family Residence
Sold 04/09/2025
Sean Cunningham
Asher Gunter
Matt Pesch
+ 2
the dealplayerscompscontact
Contact now

Summary

ARIZONA
Asset Type:Single Family Residence
Transaction Type:Sale

The asset involved in the transaction is a single-family rental (SFR) community located at 9745 East Hampton Avenue in Mesa, AZ. The property consists of 212 units, with a price per unit of $451,415, culminating in a total sale price of $95,700,000.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $95,700,000
  • Units: 212
  • Price Per Unit: $451,415
  • Seller: Bela Flor Communities
  • Market: Mesa, AZ

The deal was brokered by a team from CBRE, consisting of Asher Gunter, Austin Groen, Griffen Tymins, Matt Pesch, and Sean Cunningham. They facilitated the sale of Bella Encanta, which was sold to a global institutional investor.

Players

Matt Pesch
CBRE
Matt Pesch
15 deals$1.2B volume
BROKER
Sean Cunningham
CBRE
Sean Cunningham
13 deals$1.3B volume
BROKER
Asher Gunter
CBRE
Asher Gunter
14 deals$1.2B volume
BROKER
Austin Groen
CBRE
Austin Groen
13 deals$1.1B volume(602) 735-1706
BROKER
GT
CBRE
Griffen Tymins
2 deals$122.9M volume
BROKER
BC
Bela Flor Communities
SELLER

Details

SOLD
IMAGE: 04/09/2025 ADDRESS: 9745 East Hampton Avenue MARKET: Mesa, AZ ASSET TYPE: SFR SELLER: Bela Flor Communities BROKERS: Asher Gunter, Austin Groen, Griffen Tymins, Matt Pesch & Sean Cunningham - CBRE SALE PRICE: $95,700,000 UNITS: 212 ~ PPU: $451,415 NOTE: CBRE brokered the $95.7 million sale of Bella Encanta, a 212-unit build-to-rent community in Mesa, sold by Bela Flor Communities to a global institutional investor.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$5,104,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$340,001.88
Cash-on-Cash Return-1.27%
Monthly Debt Service$453,666.82
Annual Debt Service$5,444,001.89