4267 N 4th Ave - Apartments FOR SALE


Tucson, AZ 85705
$13,500,000 USD
602-714-1283
4267 N 4th Ave, Tucson, AZ for Sale
$13,500,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

4267 N 4th Ave
Tucson, AZ 85705


HIGHLIGHTS

  • 39 Dedicated Rental Townhomes, Office, & Common Area, Completed in 2024
  • All 3-Bed or 2-Bed / 2.5-Bath Unit Types (1,555 Average SF With a One-Car Direct-Access Garage)
  • Low Density - 8 Total Rental Buildings (5 Townhomes in Each Building)
  • Located in Northeast Tucson Near Tucson Mall and Adjacent to Timberlost Family Public Park
  • Original Developer Sale
  • Offered All Cash / New Loan

OVERVIEW

San Junipero Townhomes is a 39-unit, rental townhome community located in the Central Tucson / University submarket of Tucson, AZ. Situated on the north boundary of Limberlost Family Park on North 4th Avenue, between East Wetmore Road and East Limberlost Drive, residents enjoy access to Downtown Tucson directly via an approximate 15-minute drive. The Tucson Mall and a choice selection of shopping centers are located within one mile of the property and provides residents access to a multitude of shopping and dining options such as: Dillard’s, Sephora, Old Navy, Dick’s Sporing Goods, REI, H&M, Macy’s, The Home Depot, PetSmart, World Market, BJ’s Restaurant & Brewhouse, and The Cheesecake Factory. Completed in 2024, the San Junipero Townhomes is constructed of wood frame and stucco with pitched tile roofing. The property features an attractive unit mix which consists of one 2-bedroom / 2.5-bathroom townhome unit and 38 3-bedroom / 2.5-bathroom units with a weighted 1,555 SF average, each equipped with a one-car direct-access garage and is individually metered for electricity with individual hot water heaters. Unit interiors feature air conditioning / heating, washer / dryer, private backyard, vinyl wood flooring, linen closet, as well as fully equipped kitchens with stainless steel appliance packages. The community also provides its residents with a barbecue grill area, ramada, and package lockers. Significant employers in proximity to the property include Banner University Medical Center South, Freeport-McMoRan, Walmart, Intuit, and the University of Arizona.

FOR SALE DETAILS

PRICE

$13,500,000 USD

PRICE/SF

$422 USD /SF

# OF UNITS

39

PRICE/UNIT

$346,154

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

San Junipero Townhomes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2024

PARKING SPACES

88

LAND DETAILS

LAND ACRES

2.62 AC

LAND SF

114,158 SF

ZONING

-

APN/PARCEL ID

105-10-059C

ASK ABOUT THIS PROPERTY

Alon ShnitzerABI MultifamilyMore Info
602-714-1283

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Alon ShnitzerABI MultifamilyMore Info
602-714-1283

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.