Sold for $2,950,000 Listed for $3,250,000
This property is not currently for sale or for rent.
Rare opportunity to purchase newer construction within 3 blocks of UofA around a 8.06% Cap rate (proforma)! Seller Financing Available @6% for up to 5 years OAC with 30% downpayment. This newer building integrates metal roofing with block and stucco finishes for a really neat modern look that the students love. 4-plex, with 8bds/3.5bths per unit. Large units with huge common areas, all tile throughout, hardwood cabinets, corian counters, and ample appliances. Floorplan designed by afor students. Huge Picture windows in front frame nice mountain and city views. Large enclosed common area with Turf. Parking lot w 14 parking spots, 4 on street parking spots available, basketball hoops. This property is zoned for group homes and could be ideal for a variety of non-student housing needs.
From Broadway and Campbell. North to 10th Street. West to Mountain Ave. On Southeast corner of 10th street and Mountain.
MLS # | 22410347 |
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Date Listed | 2024-04-25 |
Status | Sold |
Property Type | Multi-Family/Apartments |
Property SubType | 4 Plex |
Square Feet | 9598 sqft |
Annual Taxes | $15,795.00 |
Year Taxes Payable | 2023 |
Year Built | 2015 |
Days on Market | 97 |
Zoning | Tucson - R3 |
Lot Size | 18,750 sq ft |
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Acreage | 0.43 Acres |
Lot Dimensions | 125 X 150 X 125 X 151 |
Fence | None |
Area | Central |
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County | Pima |
Subdivision | Drakes Addition |
City | Tucson |
State | AZ |
Zip | 85719 |
Flood Zone | No |
School District | TUSD |
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Elementary | Cragin |
Middle School | Mansfeld |
High School | Tucson |
Usage | 4 Plex |
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Assoc. Dues | $0.00 |
MLS# 22410347
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Listing information Copyright 2024 MLS of Southern Arizona. All Rights Reserved.
Listing Provided Courtesy of Jarrett W Reidhead
Pinnacle Realty and Investment Advisors LLC
Listing updated July 31, 2024 at 6:45 pm
Last checked 11 minutes ago