Tucson, AZ 85712,5240 E Bellevue Street
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$ 9,500,000
Est. payment | /mo

126,600 SqFt


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$ 9,500,000
Est. payment | /mo
Save

126,600 SqFt

Key Details

Property Type Commercial

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 126,600 sqft

Price per Sqft $75

MLS Listing ID 22524605

Year Built 1979

Annual Tax Amount $18,809

Tax Year 2024

Lot Size 0.799 Acres

Acres 2.9

Property Sub-Type Apartment

Property Description

The Casa de Caro apartments were built in 1979 with 108 individually metered units located along the major arterial of Speedway Boulevard in Tucson, Arizona. The property currently consists of 95 Jr 1BR's 14 1BR units and a 2BR unit and presents a solid stabilized investment with the ability to increase revenue by increasing current rents to market and converting 27 remaining corner Jr 1BR units into full 1BR units. Addresses 5220 and 5240 E Bellevue.5 separate buildings 3 separate parcels. 121-12-051A / 12120530 / 121120550. Sq/ft and lot dimensions are for all 3 lots and 5 buildings.

Location

State AZ

County Pima

Area Central

Zoning Tucson - R3

Interior

Hot Water Electric

Heating Other

Cooling Wall Unit(s)

Exterior

Garage Spaces 115.0

Roof Type Shingle

Road Frontage Paved

Building

Sewer Connected

Others

Acceptable Financing Submit

Listing Terms Submit

MLS OF ARIZONA (MLSAZ) / Tucson Association of REALTORS®(TAR MLS)
Listed by Equilibrium Realty
Jesus Sanchez

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(480) 531-0428

contact@realsanchez.com

3707 E Southern Ave, #1074, Mesa, Arizona, 85206, USA

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5240 E Bellevue Street