Historical Multifamily Sale Listing - Thurber Apartments

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Thurber Apartments

557 W. Thurber Road, Tucson, AZ 85705

N/A

36 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
36
Building Size:
22,916 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
3.1%
Cap Rate:
10.07%
Gross Rent Multiplier:
4.60
No. Stories:
2
Year Built:
1984
Lot Size:
43,577 SF
APN / Parcel ID:
106-05-1080
Listing ID
18262699
Last Updated
over 1 year ago

Description

Major price reduction. 36 unit Westside apartment building located near Prince and Oracle. Within walking distances to major commercial corridor, shopping mall, trade school, and park. Great unit mix with 26 two bedroom one baths and 10 one bedrooms one baths. The building shows as built in 1984. Leases and credit applications on 70% of residents and Over $300,000 in upgrades to the property in the last 18 months (see attached list). Seller will consider financing the property with a 50% down-payment and qualified buyer.

1 block west of Oracle and 1 block north of Prince

Map of 557 W. Thurber Road, Tucson, AZ 85705 (Pima County)

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