BUILD TO RENT OPPORTUNITY

Communities Built by Newport Homes

Lehi Cove

• Sale Price: $45,000,000
• Community Size: 89 Units
• Home Size: ± 1,464 to 1,568 SF
• Layout: 3 Bedroom / 2.5 Bath
• Build Time: Vertical has already started
• Estimated Delivery: First units Approximately Dec 2021
• Easy Access to Loop 202 (Red Mountain Fwy)

Annex at Cadence

• Sale Price: $68,850,000
• Community Size: 135 Units
• Home Size: ± 1,505 to 1,625 SF
• Layout: 3 Bedroom / 2.5 Bath
• Build Time: Vertical to start Q4
• Paving Site: Starting Oct 1st
• Easy Access to Loop 202 (Santan Fwy)

DEMOGRAPHICS (Source: ESRI Community Analyst, 2020, and 2019 Census Estimate)
1 Mile

• Estimated Population (2020) 528,000
• Projected Population (2025) 551,151
• Average Household Income (2021) $80,539
• Average Households (2020) 191,162
• Median Age 36.3

Mesa, Arizona is the 35th largest city in the United States and second largest in the Phoenix-Mesa metro area. Mesa totals ± 138 square miles inside a 21-city region that has a population of 4.9 million people, and is projected to grow to 5.3 million by 2025.

--- City of Mesa, Economic Development