Las Sendas Office Building (Mesa, AZ)

This is a real estate development by Arizona First Partners 1 LLC. The planned development is a 2 story commercial office buidling containing 4 condominium units with approximately 10,000 total square feet of space and 2 parking lots on 1-1/2 acres located at the entrance of the Las Sendas Golf Course in Mesa, Arizona (Phoenix).


Type: Luxury Office Space (Condominiums)
Land: 1.5 Acre
Land Cost: $838,000
Development Cost: $100,000
Construction Cost: $1,100,000
Invesment Offering: $600,000
Location: 7565 E Eagle Crest Dr, Mesa, AZ 85207

Google Map Location

What's New

• What's New Events with the Las Sendas Office Building project.
• Construction Photos of the site and shell building during construction.

Architectural - Shell Building

• 3 Dimensional Renderings: Color and grey scale
• 2 Dimensional Renderings: Rear, Side, Front, Alternate Side
• Topography Map, Landscape Plan
• Construction Plans, Project Manual
• Drainage Report, Grading & Drainage Plan, Soils Report, Phase 1 Environmental Site Analysis
• Bid Instructions, Bid Form for general contractors.
• List of Consultant (architects, engineers, consultants)

Architectural - Tenanent Improvements (Top Floor)

• Executive Suite Floor Plan for the top floor of the building.

Construction

• Construction Photos


• Copper Star Bank Letter of Intent
• Copper Star Bank Loan Committment   $2,035,000


• Draw #01   $500,995
• Draw #02   $66,886
• Draw #03   $31,581
• Draw #04   $19,802
• Draw #05   $6,889
• Draw #06   $22,658
• Draw #07   $116,047
• Draw #08   $46,819
• Draw #09   $126,030
• Draw #10   $70,118
• Draw #11   $138,608
• Draw #12   $147,424
• Draw #13   $73,367
• Draw #14   $121,880
• Draw #15   $289,065


• All Pre-Lien Notices (as of February 4, 2009)
• All Intent to Lien Notices (as of February 4, 2009)
• All Recorded Liens (as of February 4, 2009)



General Contractors

• Sahuaro Group: Awarded Job, Construction Contract. Certificate of Insurance, Profile, Initial Bid, Revised Bid
• Arizona Builders: Profile, Bid, Breakdown
• ETW Group: Profile, Bid
• Genesis General Contracting: Profile, Bid, Breakdown
• JDA Construction & Development: Profile, Bid, Breakdown
• JMW Construction: Profile, Bid. Breakdown
• Monza Construction: Profile, Initial Bid, Revised Bid, Breakdown
• Niche Construction: Profile, Qualifications, Bid, Breakdown
• Pillar Group: Profile, Bid, Breakdown
• Vizor: Profile, Bid, Breakdown

Marketing

• Frank Nicholson is the listing Real Estate Broker.
• For Sale/Lease Sign, Editorial Article, Display Ad in Las Sendas Up Close Publicatiion

Financial

• Appraisal dated May 2005 for $838,000.
• Appraisal dated July 2007 for $3,350,000.
• Comparative Market Analysis dated 2007 for $3,578,103.
• Copper Star Bank Letter of Intent and Loan Commitment.
• General Liability Insurance

Condominium

• Plat Map, Covenants, Conditions & Restrictions, Operating Budget
• Reserve Budget: Executive Summary, Full Reserve Study, Inventory Appendix, Reserve Analysis

Legal

• Investment Executive Summary
• Articles of Organization, Affidavit of Publication, Operating Agreement, Subscription Agreement (4 pages)
• Manager & Members of Limited Liability Company (Exhibit A)

Property

• Ingress-Egress and Utility Easement, recorded 3/30/1998 (7 pages)
• Settlement Statement from Capital Title for 2/27/06 transaction.
• Trust Deed and Note with Sir Mortgage, recorded 2/27/2006.
• Trust Deed Assignment from Sir Mortgage to investors funding loan, recorded 2/27/2006.
• Warranty Deed transferring title from Haney Benshabat LLC to David Haney, recorded 2/27/2006.
• Special Warranty Deed transfer title from David Haney to Arizona First Partners 1 LLC, recorded 4/6/2006.

Community

• Photos of homes in the Las Sendas community (Mesa, AZ).