PORTFOLIO TOURS THIS WEEK:
Phoenix, Thursday July 23
10:00 - 1501 Grand Avenue | 60 units
12:00 - 1780 W Missouri Avenue | 173 units
2:00 - 1711 W Bell Road | 150 units
Tucson, Friday July 24
10:00 - 4098-4141 E 29th Street | 200 units
11:30 - 314 E Benson Highway | 50 units
1:00 - 1025 E Benson Highway | 136 units
2:30 - 5251 S Julian Drive | 175 units
This offering features a stabilized 50-unit multifamily property located along Benson Highway, providing convenient access to Interstate 10 and Tucson International Airport. Built in 1970, the property encompasses approximately 17,934 square feet, delivering a strong operational foundation for buyers seeking consistent income and long-term upside.
Residents benefit from proximity to major transportation corridors, significant employment hubs, and retail conveniences throughout the Tucson area. The property’s location offers connectivity to downtown Tucson in minutes, while also serving as an accessible option for travelers, workforce tenants, and long-term residents alike. With a pro forma NOI of $209,050 and a projected capitalization rate of 6%, this asset presents investors an opportunity to capitalize on steady cash flow and potential for operational efficiencies.