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.
Property Features
Heating and Cooling
- Cooling Features: Zoned
- Heating Features: Zoned
Land Info
- Lot Size Acres: 0.43
- Lot Size Dimensions: 125 X 150 X 125 X 151
- Lot Size Source: Assessor
- Lot Size Square Feet: 18750
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Other Property Info
- Annual Tax Amount: 15795.00
- Source Listing Status: Active
- County: Pima
- Directions: From Broadway and Campbell. North to 10th Street. West to Mountain Ave. On Southeast corner of 10th street and Mountain.
- Tax Year: 2023
- Source Property Type: Multi-Family
- Area: Central
- Source Neighborhood: Drakes Addition
- Parcel Number: 124-08-2240
- Subdivision: Drakes Addition
- Zoning: Tucson - R3
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 9598
- Year Built: 2015
- Construction Materials: Concrete Block, Masonry Stucco, Metal
- Property Age: 9
- Structure Type: 4 Plex
Utilities
- Sewer: Connected
- Water Source: City Water
Home Features
- Security Features: Security Lights, Window Bars