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$3,100,000
Est. payment /mo
18,824 SqFt
UPDATED:
10/12/2024 02:07 PM
Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 18,824 sqft
Price per Sqft $164
MLS Listing ID 22414630
Year Built 1985
Annual Tax Amount $17,086
Tax Year 2023
Lot Size 1.220 Acres
Acres 1.22
Property Description
Value-add 29-unit apartment complex opportunity! This property has an excellent unit mix that boastsspacious units that are as follows: 5 charming Casitas with covered parking, yards and laundry hook ups. 8 Studios units, 8- 1 bed, 1-bathunits, 8, 2 bed 2 bath units make up the remainder. Second floor units all have vaulted ceilings with plenty of natural light. Located in a highlydesirable central location with easy access to public transportation, grocery stores, schools, the University of Arizona and Pima CommunityCollege. Current rents are about $23,000 a month with considerable room for increases.
Location
State AZ
County Pima
Area Central
Zoning Pima County - CR2
Interior
Hot Water Electric, Natural Gas
Heating Forced Air, Natural Gas
Cooling Central Air, Evaporative Cooling
Exterior
Garage Free
Fence Wood
Roof Type Built-Up - Reflect,Shingle
Accessibility None
Road Frontage Paved
Building
Lot Description East/West Exposure
Sewer Connected
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Copyright 2024 MLS of Southern Arizona
Listed by Realty Executives Arizona Territory