$1,750,000
Tucson, AZ 85705
MLS# 22621305
6053 sqft
1 / 11
Property Description
244 WEST FLORES - 16 UNITS (OWNER/ AGENT) Equilibrium Realty is pleased to offer a completely re-developed 16 unit apartment complex located near the busy arterial of Oracle Road (Miracle Mile) in Tucson. The property was re-developed from the structural walls outward - new 10 feet ceilings, new electric, new plumbing, new drywall, new lighting, new counters, new fixtures and new flooring. The surrounding walls, sidewalks, parking lot, and access gates are also new. Property will be delivered with COOs for all units. Strong investment upside with lease up.
Details
Maps
Documents
Address Information
Country: USA
Street #: 244
Direction: W
Street Name: Flores
Suffix: Street
State/Province: AZ
Zip Code: 85705
County: Pima
Location, Tax & Legal
Tax Year: 2025
Taxes: 2384
Legal Description: BRONX PARK LOTS 15 & 16 & W19.5' LOT 14 BLK 17
Municipality/Zoning: Tucson - C2
Fire Protection: None
Tax Code: 115052420
Area: Central
Contract Information
Short Sale: No
Current Price: $1,750,000
List Price: $1,750,000
Listing Date: 2026-09-01
Status: Active
General Property Information
Property Sub-Type: Apartment
# Units: 16
Lot Dimensions: 99x152
Lot Acres: 0.41
Lot Sqft: 18012
Lot Size Source: Owner
Source of SqFt: Owner
Leasable SqFt: 7556
List Price/SqFt: 289.11
Lot Size Price/SqFt: 97.16
Year Built: 2026
Combined SqFt: 6053
Income
Vacancy Loss: 11652
Other Income: 9600
Adjusted Gross: 230988
Gross Scheduled Rent: 233040
Analysis
Gross Rent Multi: 7.58
Vacancy Rate %: 5
Cap Rate %: 8.61
Special Conditions
Owner/Agent: 1
Remarks Misc
Geo Lat: 32.247334
Geo Lon: -110.976215
Property Features
Special Conditions: Owner/Agent
244 W Flores Brochure PDF 
Listing Office: United Real Estate Specialists
Last Updated: September - 02 - 2026
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