Historical Multifamily Sale Listing - SILVER SADDLE APARTMENTS

Multifamily For Sale

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SILVER SADDLE APARTMENTS

302-303 W. Flores Street, Tucson, AZ 85705

N/A

28 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
28
Building Size:
10,532 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
11.18%
Occupancy:
100%
No. Stories:
1
Year Built:
1948
Lot Size:
0.80 SF
Parking Ratio:
2 / 1,000 SF
Listing ID
15646913
Last Updated
over 1 year ago

Highlights

  • CAP Rate 11.18%
  • Cash On Cash 26.33%
  • Gross Rents Multiplier 5.44
  • Minutes within Beautifully Historic Downtown Tucson
  • GREAT Cash Flows!
  • Great Investment Opportunity!

Description

Great Income Asset! The Silver Saddle Apartments yields great cash flows with a solid 11% CAP rate. Additionally, the buildings are concretely built comprised of 28 units (two 14-unit tax parcels) with swimming pool & courtyard, laundry, and cable TV. 100% Occupancy. Great Investment Opportunity! GO!

Central Tucson location near two highly actively transportation corridors, Speedway Boulevard and Stone Avenue. DRIVE BY ONLY...PLS DO NOT DISTURB TENANTS. INSPECTION SUBJECT TO ACCEPTED OFFER. CALL AMA AMMON FOR DETAILS.

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Created 4/3/2008