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    Apartment buildings

    5519-5557 Helen St, Tucson, AZ 85712

    8,400 SF 0.75 ac lot Built 1966
    Property ID
    Property summary
    AI-generated overview

    This exceptional 20-unit apartment building, known as Casitas del Sol, presents a lucrative investment opportunity in Tucson, Arizona. Located at 5519-5557 E Helen St, 85712, this property boasts a total of 8,400 square feet on a 0.75-acre lot (APN: 121-06-025A & 121-06-014B). Built in 1966 and zoned R-3/C-2, the property offers significant upside potential. The asking price is $1,900,000, translating to $95,000 per unit and $226.19 per square foot. Extensive renovations have been completed, significantly enhancing both the aesthetic appeal and functionality of the complex. Exterior improvements include fresh exterior paint, the addition of two mini-split AC units in each unit, a new front yard fence for the east-facing units, new roofs, and replacement of all windows. Furthermore, upgraded electrical panels have been installed. Interior upgrades are equally impressive, featuring new flooring in select units, repainted cabinets in select units, new stainless steel appliances, granite countertops, and upgraded bathroom counters. This turnkey investment is ready for immediate income generation and offers a strong return on investment. The property's location in Pima County provides easy access to Tucson's amenities and a thriving rental market. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a desirable location.

    Property profile
    Verified
    Property type Apartment buildings
    Year built 1966
    Total area 8,400 SF
    Lot 0.75 ac (32,670 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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