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Multifamily

Bellevue 24

5330 E Bellevue St, Tucson, AZ 85712

Listing Price: $2,520,000

Cap Rate
7.28%
Number of Units
24
GRM
9.05
Occupancy
100.0%
Price/Unit
$105,000
Price/Gross SF
$143.54
Gross SF
17,556

Investment Overview

This 24-unit, single-story multifamily property presents a rare opportunity to acquire a well-maintained asset with strong operational momentum in a high-demand Tucson submarket. Built in two phases, 1963 and 1966, the property features an attractive unit mix of studio, one-, two- and three-bedroom layouts—appealing to a broad tenant base.

The ease of maintenance and solid current performance provide a reliable foundation, while significant upside remains through interior renovations. With strategic unit upgrades, new ownership can capitalize on proven rent growth in the area and unlock higher rental premiums. This is an ideal investment for buyers seeking immediate cash flow with long-term value-add potential in a stable, growing market.

Investment Highlights

  • Single-story, 24-unit property is comprised of studio-, one-, two-, and three-bedroom layouts.
  • Built in two phases, 1963 and 1966, Bellevue 24 is a well-maintained asset with strong operational momentum in a high-demand Tucson submarket.
  • An ideal investment for buyers seeking immediate cash flow with long-term value-add potential in a stable, growing market.

Exclusively Listed By

Multifamily

Bellevue 24

Listing Price: $2,520,000

Cap Rate
7.28%
Number of Units
24
GRM
9.05
Occupancy
100.0%
Price/Unit
$105,000
Price/Gross SF
$143.54
Gross SF
17,556

Investment Highlights

  • Single-story, 24-unit property is comprised of studio-, one-, two-, and three-bedroom layouts.
  • Built in two phases, 1963 and 1966, Bellevue 24 is a well-maintained asset with strong operational momentum in a high-demand Tucson submarket.
  • An ideal investment for buyers seeking immediate cash flow with long-term value-add potential in a stable, growing market.

Investment Overview

This 24-unit, single-story multifamily property presents a rare opportunity to acquire a well-maintained asset with strong operational momentum in a high-demand Tucson submarket. Built in two phases, 1963 and 1966, the property features an attractive unit mix of studio, one-, two- and three-bedroom layouts—appealing to a broad tenant base. The ease of maintenance and solid current performance provide a reliable foundation, while significant upside remains through interior renovations. With strategic unit upgrades, new ownership can capitalize on proven rent growth in the area and unlock higher rental premiums. This is an ideal investment for buyers seeking immediate cash flow with long-term value-add potential in a stable, growing market.

Exclusively Listed By

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