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Ocotillo Apts North & South on 29th 2 biens • Immeuble residentiel • À vendre 28 329 599 $ CAD • Tucson, AZ
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Faits saillants de l'investissement
- Value Add with ongoing renovations and lease-up
- Pool, Laundry Rooms
- Efficient Portfolio of 2 adjacent properties
Résumé de l'annonce
Keller Williams Arizona Realty is pleased to offer exclusively for sale Ocotillo Apartments North & South, a 200-unit multifamily community ideally located in Central Tucson, providing residents with convenient access to Interstate 10, Downtown Tucson, and the city's major employment hubs.
Offered at an attractive price below replacement value, the property is a Value-add opportunity for a new owner, in continuing the ongoing unit renovations, as well as upgrading the property grounds, landscaping and pool area. There is also a large bonus building which works well as storage, a workshop, or maintenance headquarters.
4098 and 4141 E 29thStreet are directly across the street from each other, and function well as a single property, with efficiencies of operations, and a shared pool.
A new owner can continue the implementation of RUBS which has already begun, further increasing income.
Built in 1959, the property is comprised of 27 one-bedroom, 120 two-bedroom, and 53 three-bedroom apartment homes featuring updated interiors and private patios, yards, and/or balconies. Residents enjoy a full complement of community amenities, including a swimming pool with sundeck, sports court, playground, and expansive clubhouse.
Offered at an attractive price below replacement value, the property is a Value-add opportunity for a new owner, in continuing the ongoing unit renovations, as well as upgrading the property grounds, landscaping and pool area. There is also a large bonus building which works well as storage, a workshop, or maintenance headquarters.
4098 and 4141 E 29thStreet are directly across the street from each other, and function well as a single property, with efficiencies of operations, and a shared pool.
A new owner can continue the implementation of RUBS which has already begun, further increasing income.
Built in 1959, the property is comprised of 27 one-bedroom, 120 two-bedroom, and 53 three-bedroom apartment homes featuring updated interiors and private patios, yards, and/or balconies. Residents enjoy a full complement of community amenities, including a swimming pool with sundeck, sports court, playground, and expansive clubhouse.
Faits sur la propriété
| Prix | 28 329 599 $ CAD | Nombre de propriétés | 2 |
| Prix/pi² | 154,55 $ CAD / pi² | Individuellement en vente | 0 |
| Taux de capitalisation | 7,45% | Taille totale du bâtiment | 183 308 pi² |
| Type de vente | Investissement | Superficie totale du terrain | 9,83 AC |
| Statut | Actif |
| Prix | 28 329 599 $ CAD |
| Prix/pi² | 154,55 $ CAD / pi² |
| Taux de capitalisation | 7,45% |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 183 308 pi² |
| Superficie totale du terrain | 9,83 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
|
Ocotillo Apartments
4098 E 29th St, Tucson, AZ 85711 |
Immeuble residentiel | 117 610 pi² | 1959 | - |
|
Avalon Terrace Apartments
4141 E 29th St, Tucson, AZ 85711 |
Immeuble residentiel | 65 698 pi² | 1965 | - |
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Ocotillo Apts North & South on 29th
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