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- LoopNet Team
3003 N Alvernon Way
Tucson, AZ 85712
Catalina Gardens · Multifamily Property For Sale
·
75 Units
INVESTMENT HIGHLIGHTS
- Value-Add Opportunit
- Major Recent Capital Improvements
- Gated Community
- Management in Place
- Pool, Laundry, & Office On-Site
- Block Construction
PROPERTY FACTS
| No. Units | 75 | Lot Size | 2.25 AC |
| Property Type | Multifamily | Building Size | 42,900 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1972/2016 |
| Building Class | C | Parking Ratio | 1.05/1,000 SF |
| Zoning | R-3, Tucson | ||
| No. Units | 75 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.25 AC |
| Building Size | 42,900 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1972/2016 |
| Parking Ratio | 1.05/1,000 SF |
| Zoning | R-3, Tucson |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Heating
- Kitchen
- Range
- Tub/Shower
- Carpet
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Pool
- Property Manager on Site
- Recycling
ABOUT 3003 N ALVERNON WAY , TUCSON, AZ 85712
Pueblo Springs Apartments is a 75-unit apartment community comprising of (23) Studios, (50) 1-Bed/1-Bath, and (2) 2-Bed/2-Bath units. The units are all master metered for electricity, heating, and cooling. Owner is responsible for water, sewer, and waste removal. Pueblo Springs has recently recovered costs through a resident utility bill-back (RUBS). Monthly billing rates are $50 for studios, $75 for 1-Bed/1-Baths, and $100 for 2-Bed/2-Baths. Pueblo Springs has undergone major recent Capital Improvements including interiors, exteriors, and property upgrades. Upgrades or renovations have been made to the boilers and HVAC, the pool area, and both the flooring and the cabinets in the units. Many attractive amenities at Pueblo Springs include an onsite management office, gated pool, covered parking, and a laundry facility. Five units have been renovated with new cabinets, shower surrounds, and flooring. With these renovations completed, those five units have seen a rental increase ranging between $75 - $100.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 24 | - | 450 |
| 1+1 | 50 | - | 600 |
| 2+2 | 1 | - | 750 |
PROPERTY TAXES
| Parcel Number | 111-05-261A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $13,531 |
PROPERTY TAXES
