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Browse More Listings in Multifamily For Sale, Tucson, AZ or Arizona

Multifamily Property - Off Market

Arizona Common II 50%

2040 1st Ave., Tucson, AZ 85719

Price:
N/A
No. Units:
88
Building Size:
317,480 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
2%
Occupancy:
95%
Lot Size:
3.38 AC

Last Verified 6/10/2009 Listing ID 16273287

Description

Please request investment package for more details. 50% ownership in property and you can 1031 exchange in if needed.

The project consists of 88 approved condominium units. These 88 condo nunits have been broken down into rental bed units as follows: 44 2 bd, 2 ba units, 32 2 bd, 2 ba suite units, 84 3 bd, 2 ba units and 88 4 bd, 2 ba units for a total of 248 beds. Copy of the floor plans are available.

The project was updated in 2006. The project has an approved condo map. Sales of condos inthe same area have been in the low $200's

The project has 132 on-site parking spaces. The amenities include a pool and a gym. There are 4 laundery rooms.

Cash flow statements available.

The project is located at 2040 First Ave. Tucson, AZ. The project is about one mile from the northern boundary of the University of Arizona.

Map of 2040 1st Ave., Tucson, AZ 85719 (Pima County)

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Created 6/10/2009

Additional Information for 2040 N 1st Avenue, Tucson, AZ 85719

Active For Sale - 0 Listing
Active For Lease - 0 Listing
Previously Listed - 3 Historic Listings
Sales Comparables Available - 1 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - Arizona Common II 50%

2040 1st Ave., Tucson, AZ, 85719