2821 S SKYLINE Drive 124, Mesa, AZ 85212, Mesa, 85212 - 2 bed, 3 bath
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Mesa, AZ 85212
This Turnkey Investment Townhouse represents a Strong Value Opportunity, listed at $350,000—positioned well below the $378,237 Fair Market Value by 7%. This valuation gap provides $28,237 in Instant Equity for the incoming owner. Boasting an Excellent Condition Rating, the 2017-built interior features a Quartz Kitchen, stainless appliances, and a private balcony with Forested Greenbelt Views. With a tenant secured through January 2027, this asset ensures immediate, long-term cash flow within a gated Mesa community. It is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants willing to wait for a high-quality future residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2821 S SKYLINE Drive 124 Subject | $350,000* List Price | 2 | 3 | 1,445 | $262 | - |
A 2821 S SKYLINE Drive 156 Sold | $375,000 | 3 | 3 | 1,573 | $238 | 0.1 mi |
B 2821 S SKYLINE Drive 129 Active | $424,900 List Price | 3 | 3 | 1,975 | $215 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2017, this property meets the criteria for an excellent rating as it is less than 10 years old and features modern, high-quality finishes. The kitchen is updated with quartz countertops, stainless steel appliances, and contemporary cabinetry and lighting. The overall condition appears turnkey with well-maintained flooring, neutral paint, and no visible signs of deferred maintenance.
With a tenant secured through January 2027, this property offers a turnkey opportunity for investors seeking guaranteed, long-term cash flow without the immediate need for tenant placement.
Built in 2017, the home features contemporary upgrades including quartz countertops and stainless steel appliances, complemented by a functional dual en-suite bedroom design.
Located in a gated community, the unit boasts a premium location overlooking a lush greenbelt and provides convenient proximity to the community pool and guest parking.
The long-term lease agreement through early 2027 makes this property unsuitable for traditional buyers looking for a primary residence to move into immediately.
The $308 monthly association fee represents a significant recurring overhead cost that must be factored into the property's net operating income and overall investment yield.
Turnkey investor opportunity with tenant in place through January 2027! Located in a desirable gated community, this 2-bedroom, 2.5-bath unit overlooks a spacious open greenbelt and includes a 2-car garage. The property is ideally situated just steps from the community pool, ramadas, and additional guest parking. The kitchen features quartz countertops, a breakfast bar, and stainless steel appliances including a built-in microwave and refrigerator. The upstairs laundry room adds convenience, and the washer and dryer are included. Both upstairs bedrooms are carpeted and feature en-suite bathrooms. The primary suite also offers private balcony access with views of the greenbelt. A great opportunity for investors seeking immediate rental income with a secured lease already in place.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 25% |
| Baths | 3.0 | 2.5 | 50% |
| Square foot | 1,445 | 1,377.5 | 50% |
| Lot Size | 1,254 | 1,289 | 50% |
| Price | $350.0K | $372.4K | 25% |
| Price per sq ft | $242 | $262 | 50% |
| Built year | 2017 | 2020 | 50% |
| HOA | $308 | $183 | 75% |
| Days on market | 26 | 264 | 25% |
Mar 27, 2026
$350,000
Initial Listing