Bellevue Manor | 4302 E Bellevue St
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Bellevue Manor 4302 E Bellevue St
27 Unit Apartment Building $3,375,000 ($125,000/Unit) 6.19% Cap Rate Tucson, AZ 85712
Investment Highlights
- Perfect 1031 Exchange Boutique Property
- Convenient access to University of Arizona & Banner Health
- Desirable location near Downtown Tucson
- Keypad access entry to the property
Executive Summary
Introducing a value-add investment opportunity in Tucson, AZ, this multifamily property offers 14,310 rentable square feet with 27 1-bedroom units. Built in 1962 and zoned R-3, the convenient layout and desirable amenities make it an enticing prospect for multifamily investors seeking a property with substantial potential.
Property Facts
| Price | $3,375,000 | Building Class | C |
| Price Per Unit | $125,000 | Lot Size | 0.83 AC |
| Sale Type | Investment | Building Size | 14,310 SF |
| Cap Rate | 6.19% | Average Occupancy | 92% |
| No. Units | 27 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1962 |
| Property Subtype | Apartment | Parking Ratio | 0.96/1,000 SF |
| Apartment Style | Low Rise |
| Price | $3,375,000 |
| Price Per Unit | $125,000 |
| Sale Type | Investment |
| Cap Rate | 6.19% |
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.83 AC |
| Building Size | 14,310 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 0.96/1,000 SF |
Unit Amenities
- Cable Ready
- Heating
- Kitchen
- Refrigerator
- Range
Site Amenities
- Courtyard
- Laundry Facilities
- Picnic Area
- Furnished Units Available
- Gas Range
- Laundry Service
- Wi-Fi
- Community-Wide WiFi
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 14 | $850.00 | 512 |
| 1+1 | 13 | $995.00 | 512 |
Walk Score ®
Very Walkable (82)
Bike Score ®
Very Bikeable (85)
PROPERTY TAXES
| Parcel Number | 122-12-0450 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $90,350 |
PROPERTY TAXES
Parcel Number
122-12-0450
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$90,350
zoning
| Zoning Code | R-3, Tucson |
| R-3, Tucson |
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Danny Lee -
Brady Zinn -
SVN | Desert Commercial Advisors
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Bellevue Manor | 4302 E Bellevue St
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