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Investment Highlights

  • 100% occupancy
  • Value-add opportunity through minimal rent increases over 12 months
  • 15-minute drive to the University of Arizona
  • Stabilized & cash flowing
  • 10-minute drive to Downtown Tucson
  • 10-minute drive to Tucson Medical Center (TMC)

Executive Summary

Property Highlights
Unit Mix: 14 units featuring an attractive configuration of 5 three-bedroom, 8 two-bedroom, and 1 one-bedroom floor plans.
Unique Amenity: Every unit includes private patio yards, a rare feature in this submarket that supports premium rental pricing and long-term tenant retention.
Value-Add Potential: The asset is primed for increased performance through continued renovation and strategic rent adjustments.
Financial Performance
Pricing: Currently offered at $1,695,000; priced for a reduction to $1,650,000 effective July 1, 2026.
Returns:
Pro Forma: $129,893 NOI, delivering a 7.87% cap rate.
Current Performance: 6.87% cap rate based on a 7% vacancy assumption.
Upside: Adjusting to an actual 0% vacancy rate enhances the cap rate profile, pushing the pro forma beyond 8% and the current cap rate above 7%.

Data Room Click Here to Access

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,313,184 CAD
Price Per Unit $165,227 CAD
Sale Type Investment
Cap Rate 7.87%
No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.73 AC
Building Size 11,027 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1965/2026
Parking Ratio 1.27/1,000 SF
Zoning R3 - Residential

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Disposal
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Stainless Steel Appliances
  • Tub/Shower
  • Yard
  • Dining Room
  • Double Pane Windows
  • Patio
  • Wheelchair Accessible (Rooms)
  • Large Bedrooms

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 $1,262 CAD 680
2+1 8 $1,535 CAD 950
3+2 5 $1,682 CAD 1,350
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
131-09-2160
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$29,417 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 40727854

  • Date on Market: 2026-05-30

  • Last Updated:

  • Address: 1710 S Jefferson Ave, Tucson, AZ 85711

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