orange tree village apartment homes · 2019. 1. 22. · orange tree village apartment homes for...
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ABIMultifamily.com/portfolio/orange-tree-villageFor more information please visit:ORANGE TREE VILLAGE APARTMENT HOMESORANGE TREE VILLAGE APARTMENT HOMES
645 WEST ORANGE GROVE ROAD, TUCSON, AZ 85704645 WEST ORANGE GROVE ROAD, TUCSON, AZ 85704
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Offering Price: $16,000,000 110-Unit Multifamily Community in Tucson, AZ
ABIMultifamily.com Phoenix Headquarters: 5227 North 7th Street, Phoenix, AZ 85014 Tel: 602.714.1400
PROPERTY OVERVIEW
Price $16,000,000Per Unit $145,455
Per SF $114.17Pro Forma CAP 5.95%
# of Units 110Avg SF/Unit 1,274 SF
Built 1981Renovated 2018
110 Total Units, Originally Built in 1981, Extensively Renovated in 2018
Extremely Attractive Mix of One, Two & Three Bedroom Single-Story or Townhome Unit Types
(1,274 SF Weighted Unit Size)
Full Size Washer / Dryer in All Units
Individually Metered for Electricity & Individual Hot Water Heaters / HVACs
Common Area Amenities Include Pool, Clubhouse, Leasing Office, Dog Park, Children's Playground
& Covered Parking
As-Is Turnkey or Value-Add Opportunity Through Additional Interior Renovations (Approx. 40%
Interiors Renovated)
Exceptional North Tucson Location (Casas Adobes Submarket)
Offered All Cash / New Loan
All information provided in reference to the property has been collected from sources deemed reliable. However, no representations or warranties are made as to the accuracy ofsaid information. In addition, no warranty or representation is extended to errors, omissions, change of price or other conditions. Any projections, estimates, opinions, financial orother assumptions are provided for example purposes and do not represent current or future performance of the property. Please consult with your legal, financial and taxprofessionals to make any determinations regarding whether the property is suitable for your needs and purposes.
OFFERING PRICE: $16,000,000
TOTAL UNITS: 110
YEAR BUILT: 1981 | RENOVATED: 2018
ORANGE TREE VILLAGE APARTMENT HOMES645 WEST ORANGE GROVE ROAD, TUCSON, AZ
ALON SHNITZER RYAN KIPPESSenior Managing Partner Vice President602.714.1283 [email protected] [email protected]
Phoenix Sacramento San Diego TucsonABI MULTIFAMILY OFFICES:
For more information please visit:ABIMultifamily.com/portfolio/orange-tree-village
ORANGE TREE VILLAGE APARTMENT HOMES