Listed by Stepp Commercial
$8,024,000
Ocotillo Apartments - Benson
Details
Property Type Multifamily
Square Footage 70,665
Net Rentable (SqFt) 70,665
Units 136
Pro-Forma Cap Rate 10%
Pro-Forma NOI $802,708
Price per SqFt $114
Year Built 1968
Multifamily Value Add Project
Marketing description
Large multifamily deal with beautiful landscaping, major value-add opportunity. Easy access to I-10, downtown and the airport. Located in an Opportunity Zone, with full renovations planned and started. Restaurant space included. Great opportunity to purchase a large scale value add multifamily deal at a deep discount.
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
C-2 CommercialGeneral CommercialCommercial
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View all 112 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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