4440 - 4444 East Lee Street | 4440 - 4444 East Lee Street, Tucson, AZ 85712 | 21 Units | $2,038,677 | $97,080 Per Unit | $126.14 Per SF
PRESS RELEASE
FOR IMMEDIATE RELEASE
Contact:
Corporate Headquarters
ABI Multifamily
Phone: 602.714.1400
Company Website: www.ABImultifamily.com
Phoenix, AZ. (May 6, 2024) – ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $2,038,677 / $97,080 Per Unit / $126.14 Per SF sale of 4440 - 4444 East Lee Street, a 21-unit multifamily apartment community located in Tucson, Arizona. ABI Multifamily's Desiree Palmer represented the buyer and seller in this transaction.
The buyer is based in Nevada and the seller is based in California.
Built in 1944, 1950, and 1977, 4440 - 4444 East Lee Street is a 21-unit, garden-style community located in Tucson, Arizona. The unit mix features (4) one-bedroom, (16) two-bedroom, & (1) four-bedroom units. The property is comprised of wood frame construction and flat roofs situated on 1.47 acres of land.
4440 - 4444 East Lee Street is located in East Central Tucson in close proximity to downtown Tucson and Interstate-10. In addition, a multitude of neighborhood conveniences and services are located nearby such as Walmart Supercenter, Target, The Home Depot, PetSmart, In-N-Out Burger, and Reid Park.
Significant employers in proximity to the property include the University of Arizona, Tucson Medical Center, Texas Instruments, and Caterpillar headquarters.
ABI Multifamily (https://www.abimultifamily.com/) is a brokerage and advisory services firm that focuses exclusively on apartment investment transactions. With offices in Phoenix, Las Vegas, San Diego, and Tucson, the experienced advisors at ABI Multifamily have completed billions of dollars in sales and thousands of individual multifamily transactions. ABI Multifamily incorporates a global approach with regional real estate expertise to successfully complete any multifamily transaction, regardless of size and complexity.