CATALINA VISTA APARTMENTS
Type: Current Investment
Location: Tucson, Arizona
Purchase Price: $1,500,000
Type: 50-unit Class C+ apartment complex in a Class B submarket
A 50-unit, multi-family investment opportunity, located in east Tucson, Arizona, in a rapidly growing economic area with considerable nearby retail employment and excellent public transportation access to the greater Tucson area. Delayed maintenance issues offer the opportunity to create future value through strategic exterior and interior renovations and corresponding rent premiums.