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176-Unit Garden-Style Apartment Building
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5650 S Park Ave, Tucson, AZ 85706

Garden-style apartment community with professional management and a mix of classic and partially upgraded interiors.

Property SizeContact for details
Days on Market144

Property Features for 5650 S Park Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 176

Building Details

Construction garden-style
Listing Agency: Berkadia
Listed By: Ryan Boyle · License #AZ SA661064000
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 8:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkadia

Investment Insights

Based on property information with market context.

San Marin is a 176-unit garden-style apartment community at 5650 S Park Ave in Tucson, Arizona. The property is professionally owned and managed, with a unit interior profile that includes both original classic finishes and partially upgraded residences.

Approximately 68% of the units retain classic interiors, while 32% have received light updates that include new cabinet fronts and black appliances. The partially upgraded units are not currently differentiated through a premium, creating a documented opportunity to further develop the property’s interior renovation program and ancillary income offerings. Additional concepts identified for the community include in-unit laundry installations for two-bedroom residences and covered parking improvements.

Key Highlights

  • 176‑unit garden‑style apartment community in Tucson, AZ
  • Professionally owned and managed property
  • 68% of units feature classic interiors

Property Analytics

Current Use

San Marin Apartment ... Apartment Complex Le-vel Thrive Independent ... Physician Icon on Park Apartment Complex San Marin Apartments Apartment Complex

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Hair Salon Nail Salon HVAC Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

176
Residential units

Location Intelligence

Trade Area within ½ mile

250
Businesses Nearby

Demographics for 85706, AZ

54,853
Population
19,095
Households
2.9
Avg Household Size
33
Median Age
10%
College-Educated
70%
High-School Grad
13.1 sq mi
ZIP Area
4,187
Density / Sq Mi
$49,072
Median Household Income
$30,977
Median Earnings
$981
Median Rent
$169,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Garden-style apartment community with professional management and a mix of classic and partially upgraded interiors.
Where is this apartment building located?
The property is located at 5650 S Park Ave Tucson, AZ.
What are key features of this property?
This property features: 176‑unit garden‑style apartment community in Tucson, AZ; Professionally owned and managed property; 68% of units feature classic interiors
More about this property
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