This Multifamily Property is Off-Market.

557 W. Thurber Road
Tucson, AZ 85705 ·

36 Units · Multifamily For Sale

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Thurber Apartments

Price N/A Cap Rate 10.07%
No. Units 36 Gross Rent Multiplier 4.60
Building Size 22,916 SF No. Stories 2
Property Type Multifamily Year Built 1984
Property Sub-type Garden/Low-Rise Lot Size 43,577 SF
Property Use Type Investment APN / Parcel ID 106-05-1080
Commission Split 3.1%
Listing ID: 18262699 Date Created: 07/14/2013 Last Updated: 08/27/2013

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

Research

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

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