Catalina View Apartments Sells for $2.8 Million in Tucson’s Northeast Submarket

TUCSON, AZ (December 9, 2025) — Catalina View Apartments, a 31-unit multifamily community located at 5160 E. Bellevue Street, has sold for $2,800,000. The buyer, Catalina View Apts LLC, an entity connected to Reynolds Invest LLC of Corona, California, acquired the property from Bellevue Properties LLC of Tucson.

Built in 1969, the 30,904-square-foot garden-style complex sits on just over one acre in the Avondale subdivision. The gated property includes three two-story buildings totaling roughly 30,900 square feet, featuring a mix of 1BR/1BA (700 SF), 2BR/2BA (1,000 SF), and 3BR/2BA (1,500 SF) units. Community amenities include a swimming pool, an interior courtyard, and on-site laundry facilities.

The sale reflects a price of $90,322 per unit and $90.60 per square foot, positioning the transaction as a value-add opportunity in the increasingly competitive Northeast Tucson submarket. The site is zoned R-3, allowing up to 36 units per acre, and remains surrounded by strong rental demand corridors between Speedway and Swan.

Cushman & Wakefield | PICOR’s multifamily team of Allan Mendelsberg and Joey Martinez represented both the seller and the buyer in the transaction.

For more information, Mendelsberg is at 520.546.2721, and Martinez can be reached at 520.546.2730.

Source: RED Comp #12196