Casitas on Bellevue 3625 E Bellevue St Immeuble residentiel 6 lots 612 871 € (102 145 €/Lot) Taux de capitalisation 7,32 % Tucson, AZ 85716

Casitas on Bellevue presents a multifamily asset located centrally in Tucson, comprising 6 units, 2 Rentable garages, and 12 storage spaces. Situated just miles from the University of Arizona, and conveniently near Campbell and Speedway, Casitas on Bellevue offers an ideal investment opportunity for those seeking a fully renovated turn-key deal.
The property features (5) 1BD/1BA units & (1) 2BD/1BA unit. Each unit has recently undergone extensive renovations, showcasing fully equipped kitchens with space-maximizing modern white cabinetry, new paint, refinished countertops, and contemporary wood vinyl flooring. Updates extend to the bathrooms, which feature new fixtures, appliances, and fresh paint. Tenants currently cover electric and gas utilities, while water, sewer, and trash expenses are managed by the owner and reimbursed through a RUBS system. Additionally, the property offers potential for supplementary income through onsite garages & storage spaces that can be rented by tenants or outsiders.
The well-maintained community is surrounded by lush desert greenery and large palm trees, enhancing its appeal. Current amenities include, in-unit laundry, private parking, and private backyards for each unit. New owners have the opportunity to increase Net Operating Income (NOI) by renting out the available storage spaces to tenants or other users.
Located just miles from Downtown Tucson, the University of Arizona, and Pima Community College, Casitas on Bellevue enjoys a prime location for central Tucson's working professionals, young adults, and freelancers. Residents benefit from easy access to expanding retail areas, offering a variety of shopping, dining, and entertainment options. This vibrant setting not only enriches residents' lifestyles but also provides numerous nearby employment opportunities.