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Property profile & analytics
OFF-MARKET
Estimated value
$895,000
Apartment buildings
320 Elvira Rd, Tucson, AZ 85756-6730
Entity Owned
4-yr Hold
Property ID
US07-1068619
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1971
Construction
FRAME
Total area
4,320 SF
Lot
1.34 ac (58,200 SF)
APN
138-17-0060
UPID
US07-1068619
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
AI Approach
AI
$940k
CAP Approach
CAP
$685k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$895k
Owner & transaction history
Elvira Apartments LLC · 4 yrs held
Elvira Apartments LLC
since 2022
Last sale
$865,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Tucson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tucson submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$910,000
ML approach
$940,000
CAP Approach
CAP Return
Estimation
6%
$740,000
6.5%
$685,000
7%
$635,000
Blend value · Realmo final
$895k
Range $806k – $985k · ±10% · vs last sale $865k (Feb 4 2022)
Last sale anchor
$865k
Feb 4 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$207 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,089
Tax year 2023
Assessed value
$217,746
Assessed 2024
Previous assessed
$111,107
+96.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$10,476
Assessed improvement
$207,270
Land market value
$58,200
Improvement market value
$1,151,498
Total market value
$1,209,698
Applied tax rate
1,250.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1971
Construction
FRAME
Heating
FORCED AIR
Cooling
EVAPORATIVE
Buildings
4
Stories
1
Units
6
Total area
4,320 SF
Lot
1.34 ac (58,200 SF)
APN
138-17-0060
UPID
US07-1068619
Jurisdiction
PIMA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1971
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Units
6
Lot
1.34 ac
Current owner
From public records · entity-resolved
Elvira Apartments LLC
Entity
Mailing address
24433 N 75TH ST, SCOTTSDALE, AZ 85255-2762
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2022
$865,000
Elvira Apartments LLC
Monteer Properties LLC
Special Warranty Deed
$605,500 · Oneaz Cu
May 8, 2015
$230,000
Monteer Properties LLC
Steeplechase Nepsa LLC
Quit Claim Deed
—
Feb 9, 2015
—
Steeplechase Nepsa 1996 LLC
Treasurer Of Pima County
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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