520-323-5181
851 W Ajo Way, Tucson, AZ for Sale
Apartments - FOR SALE
1/4
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851 W Ajo Way
Tucson, AZ 85713
Ward 5


HIGHLIGHTS

  • Strategic location along I-19 provides excellent access to Downtown
  • Near the region’s largest employers
  • An abundance of retail and entertainment options nearby

OVERVIEW

±55 Unit Multifamily Community For Sale Santa Cruz River Apartments has a desirable mix of studio, 1-bedroom, and 2-bedroom units with functional floorplans. Santa Cruz River Apartments was built in 1983. Current ownership has started a unit interior upgrade program that is garnering substantial premiums. With more than 80% of units remaining in classic condition, a new investor can create substantial upside by continuing a market level renovation program.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

55

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Santa Cruz River Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

PARKING SPACES

62

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,296 SF

ZONING

C-1, Tucson

APN/PARCEL ID

120-03-137A

ASK ABOUT THIS PROPERTY

Jeff CasperCBRE, Inc.More Info
520-323-5181

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Jeff CasperCBRE, Inc.More Info
520-323-5181

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