Vista Point Properties

580 E Calle Arizona, Tucson, AZ 85705

$2,200,000
Property Type: Commercial Square Footage: 12,469 Lot Size (sq. ft.): 52 Status: Active
Current Price: $2,200,000 List Date: 6/18/2025 Last Modified: 7/14/2025

Description

12 unit garden style apartment complex. Original building constructed in 1956 and apartments added in 1977-78. Complex has natural desert landscaping and central pool area. Units have been remodelled with wood look ceramic tile floors, tile shower/tubs, wood cabinets, LED lighting. The lot is fully walled in and secure. Each unit has own private yard and laundry room as well as shared spaces. Property has operated as a vacation business since 2017 grossing $400k per year in revenue and is being sold fully furnished. Seller financing is available contact agent. Agent is member of LLC.

More Information MLS# 22516498

Address Information

Country: USA Street #: 580 Direction: E Street Name: Calle Arizona State/Province: AZ Zip Code: 85705 County: Pima

Location, Tax & Legal

Tax Year: 2024 Taxes: 7784.96 Taxes For: Building & Land Legal Description: From Parcel:001010010 /Arizona Acres Lot 38 Municipality/Zoning: Tucson - R2 Fire Protection: Included in Taxes FEMA Flood Zone: No Municipal Flood Zone: No Tax Code: 105-13-1040 Area: Central

Contract Information

Method of Title: Fee (Simple) Short Sale: No Current Price: $2,200,000 List Price: $2,200,000 Listing Date: 2025-06-18 Status: Active

Showing Information

Directions: North on 1st Ave past Roger to Calle Arizona. West on Calle Arizona to property. Property is gated.

General Property Information

Property Sub-Type: Apartment Construction Status: Existing # Units: 15 Lot Dimensions: Irregular Lot Acres: 0.97 Total Parking: 23 Lot Sqft: 42253 Multi-Tenant: Yes Lot Size Source: Assessor Source of SqFt: Floor Plan List Price/SqFt: 176.44 Lot Size Price/SqFt: 52.07 Year Built: 1956 Combined SqFt: 12469

Electric

Electric Company: TEP

Gas

Natural: 1

Construction

Frame - Stucco: 1

Expenses

Contract Services: 29548 Figures Presented: Actual Gas/Electric: 18969 Insurance: 7738 Maintenance Supplies: 8162 Taxes/Assessments: 16337 Water/Sewer: 5685 Other Expenses: 27189

Sewer

Connected: 1

Unit Information

Apartment: Low Rise

Apartment Unit Information

Avg Mo Rent/1 BR: 1905 # of Units/2 BR: 12 Avg Mo Rent/2 BR: 2262

Roof

Built-Up - Reflect: 1

Water

Public: 1

Property Features

Furnished: 1 Smoke Detector: 1

Fence

Block: 1 Chain Link: 1 Wood: 1

Road Type

Paved: 1

Lot Features

East/West Exposure: 1 North/South Exposure: 1

Main Cooling

Ceiling Fan(s): 1 Central Air: 1 Heat Pump: 1

Main Heating

Heat Pump: 1

Water Heater

Electric: 1 Natural Gas: 1

Terms

Cash: 1 Owner Carry: 1 Submit: 1

Submit With Offer

Proof of Funds: 1

Accessibility Option

None: 1

Window Features

Double Pane Windows: 1 Low-Emissivity Windows: 1

Security

Closed Circuit Camera(s): 1

Green Features

Bath Exhaust Out: 1 Energy Star Appliance: 1 Only Native Plants: 1 Tankless Water Heater: 1

Landscape - Front

Desert Plantings: 1 Low Care: 1

Landscape - Rear

Desert Plantings: 1 Low Care: 1

Parking

Paved Parking: 1 Private Parking: 1

Freeway/Highway

2.1 - 5 Mile: 1

Traffic Count

Unknown: 1

Possession

Negotiable: 1

Restrictions

Deed: 1

Property Disclosures

Lead Based Paint: 1

Special Conditions

None: 1

Remarks Misc

Geo Lat: 32.280994 Geo Lon: -110.962911

Income

Gross Scheduled Rent: 392733

Property Features

Property Features: Furnished; Smoke Detector Construction: Frame - Stucco Roof: Built-Up - Reflect Main Cooling: Ceiling Fan(s); Central Air; Heat Pump Main Heating: Heat Pump Water Heater: Electric; Natural Gas Gas: Natural Sewer: Connected Water: Public Accessibility Option: None Security: Closed Circuit Camera(s) Window Features: Double Pane Windows; Low-Emissivity Windows Green Features: Bath Exhaust Out; Energy Star Appliance; Only Native Plants; Tankless Water Heater Fence: Block; Chain Link; Wood Landscape - Front: Desert Plantings; Low Care Landscape - Rear: Desert Plantings; Low Care Road Type: Paved Parking: Paved Parking; Private Parking Lot Features: East/West Exposure; North/South Exposure Traffic Count: Unknown Terms: Cash; Owner Carry; Submit Possession: Negotiable Submit With Offer: Proof of Funds Property Disclosures: Lead Based Paint Special Conditions: None Restrictions: Deed
Listing Office: Canyon Group Realty LLC
Last Updated: July - 14 - 2025
580 E Calle Arizona, Tucson, AZ 85705- MLS# 22516498
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