Listed by Stepp Commercial
$12,500,000
Ocotillo Apartments South
Details
Property Type Multifamily
Square Footage 107,836
Net Rentable (SqFt) 107,836
Units 125
Pro-Forma Cap Rate 8.12%
Pro-Forma NOI $1,014,965
Price per SqFt $116
Year Built 1959
Value-add Multifamily
Marketing description
Value-add, market rate multifamily property, with unit renovations ongoing. Pool onsite, along with a large bonus building and multiple office spaces. Operates in concert with 4141 E 29th across the street, for a total of 200 units combined (may be purchased together).
Investment highlights
The following 5 Tucson properties are available for purchase as a portfolio:
4098 E 29th St
4141 E 29th St
314 Benson Hwy
1025 E Benson Hwy
5251 S Julian Dr
Listing Contacts
Listed by Stepp Commercial
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Zoning
R-3 ResidentialMulti FamilyResidence
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View all 61 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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