Historical Multifamily Sale Listing - Roger Plaza

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Roger Plaza

102 W roger Rd, Tucson, AZ 85705

N/A

50 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
50
Building Size:
31,280 SF
Property Type:
Multifamily
Property Sub-type:
Mid/High-Rise
Property Use Type:
Investment
Commission Split:
1.5%
Cap Rate:
6.12%
Gross Rent Multiplier:
8.41
Occupancy:
95%
Lot Size:
1.45 AC
Listing ID
15622037
Last Updated
over 1 year ago

Description

Roger Plaza is s 50 unit apt. complex in two buildings/ all 1 and 2 bed units. Property features include a gated pool, laundry facility, office, AC, frost-free refigerator, vertical blinds, walk in closets balconies, great landscaping and plenty of parking. Roger Plaza was constructed in 1987 and is located on the north/central side of Tucson close to shopping and buslines. This property has an incredible upside potential with rents well below market valule for the area. Property should easily be above a 9 CAP with proper rents in place.

North Central Tucson. From Oracle rd and Roger, head East to the property.

Map of 102 W roger Rd, Tucson, AZ 85705 (Pima County)

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Created 3/19/2008