CoreNav· Portfolio Intelligence
Updated May 30, 2026, 06:00 CT
All properties

Property · Phoenix · Multifamily

87 units · 86,565 sqft · built 1988 · 91.2% occupied

Mesa Ridge Apartments

Operational, financial, and capital posture for this asset — investor-grade detail behind every portfolio-level finding.

NOI

$1.11M

56.1%

Maint / unit

$3.6k

380% of budget

Risk score

60

25 emergencies

Operational

Work-order posture

Total work orders195
Emergency rate12.8%
Repeat-repair rate28.2%
Avg completion46.6 hrs
Tenant complaints240

Financial

TTM economics

Revenue$1.98M
Opex (ex MEP)$530.0k
Maintenance spend$312.9k
Utility spend$27.4k
Emergency spend$139.4k
Cap-rate assumption5.83%
Implied value$19.08M

Investment cases

Queued ROI for this asset

All cases

Smart building controls

Invest

$267.0k

Save/yr

$88.0k

Payback

3.0y

Value

$1.51M

HVAC modernization

Invest

$414.0k

Save/yr

$109.0k

Payback

3.8y

Value

$1.87M

Evidence · Asset register

MEP fleet, by install year

Portfolio CapEx plan
AssetTradeInstalledUseful lifeConditionReplacement
Rooftop chiller
HVAC
199020y5/5$238.0k
Air handler unit
HVAC
199118y3/5$45.0k
Cooling tower
HVAC
199222y3/5$94.0k
Membrane roof
Roofing
199322y4/5$418.0k
Main sewer line
Plumbing
199540y3/5$232.0k
Main switchgear
Electrical
200530y4/5$388.0k
Domestic water risers
Plumbing
201135y2/5$95.0k
Boiler system
HVAC
201725y2/5$131.0k
Backup generator
Electrical
201725y3/5$160.0k

Evidence · Recent activity

Last 12 work orders

Vendor scorecard
OpenedTradePriorityCostRepeat
2026-05-30
Plumbing
routine
$1,104
2026-05-27
HVAC
routine
$1,185
2026-05-26
Electrical
routine
$974
2026-05-23
Roofing
routine
$1,122
2026-05-21
HVAC
routine
$920
2026-05-21
HVAC
routine
$191
2026-05-20
Plumbing
routine
$612
2026-05-19
Roofing
urgent
$2,260
2026-05-17
Plumbing
routine
$830
repeat
2026-05-15
HVAC
urgent
$2,604
2026-05-15
HVAC
emergency
$1,861
2026-05-15
HVAC
emergency
$9,240
repeat