602-714-1283
5525 S Mission Rd, Tucson, AZ for Sale
Apartments - FOR SALE
1/5
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HIGHLIGHTS

  • 248 Total Units, Completed In 1989
  • Attractive Mix of One, Two, & Three-Bedroom Unit Types (826 Weighted SF)
  • Washer / Dryer Hook-Ups in Two-Bed Units & Full-Size Washer / Dryers in Three-Bed Units
  • Individually Metered for Electricity & Individual Hot Water Heaters
  • Last Sold in July 2022 for $59,000,000 ($237,903 Per Unit)
  • Offered All Cash / New Loan

OVERVIEW

Mission Antigua Apartments is a 248-unit, garden-style apartment community located in Tucson, AZ. Prominently situated on South Mission Road just north of West Drexel Road, both of which are major arterials, residents enjoy direct access to all areas of Tucson by way of Interstate-10, Interstate-19, Highway 86 (West Ajo Way), and Tucson International Airport. In addition, a multitude of neighborhood conveniences and services are located nearby such as Walmart Supercenter, Fry’s Food and Drug, Walgreens, CVS Pharmacy, Lowe’s Home Improvement, Wells Fargo Bank, and Safeway. Furthermore, numerous area dining and entertainment options are less than a 10 minute drive at the Tucson Spectrum, one of the most popular shopping destinations in the metro area with approximately 968,000 square feet of retail space anchored by a Harkins Movie Theater. These aspects make Mission Antigua Apartments a highly desirable community for its residents. Completed in 1989, Mission Antigua Apartments is constructed of wood frame and stucco with pitched tile roofs. The property features an attractive unit mix, which consists of 80 one-bedroom / one-bathroom units, 120 two-bedroom / two-bathroom units, and 48 three-bedroom / two-bathroom units. Each unit is individually metered for electricity with individual hot water heaters. All three-bedroom units feature washer / dryer appliances and all two-bedroom units offer washer / dryer connections. Unit interiors feature air conditioning, balcony / patio, ceiling fans, oversized closets, and kitchens equipped with a dishwasher, garbage disposal, range / oven, and refrigerator. Select units offer a fireplace, and vaulted ceilings. The community is fully sprinklered and provides its residents with a swimming pool, spa, clubhouse, laundry facility, fitness center, dog park, package lockers, ramadas, barbecue grills, EV charging stations, gated / controlled access, and open / covered parking Significant employers in proximity to the property include the Tucson International Airport, Raytheon, and Davis-Monthan Air Force Base.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

248

CAP RATE

Request Cap Rate

% LEASED

89%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mission Antigua Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1988

PARKING SPACES

448

LAND DETAILS

LAND ACRES

9.74 AC

LAND SF

424,274 SF

ZONING

-

APN/PARCEL ID

137-11-428V

ASK ABOUT THIS PROPERTY

Alon ShnitzerABI MultifamilyMore Info
602-714-1283

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Alon ShnitzerABI MultifamilyMore Info
602-714-1283

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.