MESA, ARIZ. — CBRE has arranged the sale of Bella Encanta, a 212-unit build-to-rent (BTR) asset in Mesa. Locally based Bela Flor Communities sold the asset to a global institutional investor for $95.7 million. Griffen Tymins, Asher Gunter, Matt Pesch, Sean Cunningham and Austin Groen of CBRE represented the seller in the deal.
Built in 2023, Bella Encanta features duplex-style units with wood-style plank flooring, nine- and 10-foot ceilings, full-size washers and dryers, granite countertops, undermount sinks, stainless steel appliances and gas cooktops, as well as a two-car attached garage with electric vehicle charging capabilities.
Residents have access to amenities such as a clubhouse with a fitness center with climbing wall, demonstration kitchen, billiards table, leasing office, conference room, meeting space and seating areas. Outdoor amenities include soccer fields, two pet parks with a pet wash station, a sand volleyball court, basketball half-court, two pickleball courts, a children’s playground, walking paths and multiple picnic areas with barbecue grills.