Casa de Caro Apartments
For Sale
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5240 E Bellevue St, Tucson, AZ 85712
108-unit apartment complex with value-add potential in Tucson.
Property SizeContact for details
Days on Market123
Property Features for 5240 E Bellevue St
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
Equilibrium Real Estate Investments
Listed By:
Joseph Dietz · License #AZ 549120000
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 8 at 3:02PM
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 Equilibrium Real Estate Investments
Investment Insights
Based on property information with market context.
Located along Speedway Boulevard in Tucson, Arizona, Casa de Caro is a 108-unit apartment complex constructed in 1979. The property features 98 studio units, 12 one-bedroom, one-bath units, and one two-bedroom, one-bath unit. All units are individually metered. The property has undergone upgrades and renovations over the years. Currently 94% occupied, Casa de Caro presents a value-add opportunity with the potential to increase rents through further renovations, offering a substantial return on investment.
Key Highlights
- Significant value‑add opportunity with substantial return on investment.
- High occupancy rate of 94%.
- Individually metered units.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,095
Businesses Nearby
Explore this area
Business Placement
Demographics for 85712, AZ
33,108
Population
18,215
Households
1.8
Avg Household Size
44
Median Age
37%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
4,869
Density / Sq Mi
$48,185
Median Household Income
$39,090
Median Earnings
$947
Median Rent
$250,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - 108-unit apartment complex with value-add potential in Tucson.
Where is this apartment building located?
The property is located at 5240 E Bellevue St Tucson, AZ.
What are key features of this property?
This property features: Significant value‑add opportunity with substantial return on investment.; High occupancy rate of 94%.; Individually metered units.
