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1710 S Jefferson Ave 14 Unit Apartment Building $1,595,000 ($113,929/Unit) 8.14% Cap Rate Tucson, AZ 85711
Investment Highlights
- 100% occupancy
- Value-add opportunity through minimal rent increases over 12 months
- 15-minute drive to the University of Arizona
- Stabilized & cash flowing
- 10-minute drive to Downtown Tucson
- 10-minute drive to Tucson Medical Center (TMC)
Executive Summary
Property Highlights
Unit Mix: 14 units featuring an attractive configuration of 5 three-bedroom, 8 two-bedroom, and 1 one-bedroom floor plans.
Unique Amenity: Every unit includes private patio yards, a rare feature in this submarket that supports premium rental pricing and long-term tenant retention.
Value-Add Potential: The asset is primed for increased performance through continued renovation and strategic rent adjustments.
Financial Performance
Returns:
Pro Forma: $129,893 NOI, delivering a 8.14% cap rate.
Current Performance: 7.21% cap rate based on a 7% vacancy assumption and estimated underwritten NOI of $115,053.
Unit Mix: 14 units featuring an attractive configuration of 5 three-bedroom, 8 two-bedroom, and 1 one-bedroom floor plans.
Unique Amenity: Every unit includes private patio yards, a rare feature in this submarket that supports premium rental pricing and long-term tenant retention.
Value-Add Potential: The asset is primed for increased performance through continued renovation and strategic rent adjustments.
Financial Performance
Returns:
Pro Forma: $129,893 NOI, delivering a 8.14% cap rate.
Current Performance: 7.21% cap rate based on a 7% vacancy assumption and estimated underwritten NOI of $115,053.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,595,000 | Building Class | C |
| Price Per Unit | $113,929 | Lot Size | 0.73 AC |
| Sale Type | Investment | Building Size | 11,027 SF |
| Cap Rate | 8.14% | Average Occupancy | 100% |
| No. Units | 14 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1965/2026 |
| Property Subtype | Apartment | Parking Ratio | 1.27/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | R3 - Residential | ||
| Price | $1,595,000 |
| Price Per Unit | $113,929 |
| Sale Type | Investment |
| Cap Rate | 8.14% |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.73 AC |
| Building Size | 11,027 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1965/2026 |
| Parking Ratio | 1.27/1,000 SF |
| Zoning | R3 - Residential |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Disposal
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- High Speed Internet Access
- Refrigerator
- Stainless Steel Appliances
- Tub/Shower
- Yard
- Dining Room
- Double Pane Windows
- Patio
- Wheelchair Accessible (Rooms)
- Large Bedrooms
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $900.00 | 680 |
| 2+1 | 8 | $1,095 | 950 |
| 3+2 | 5 | $1,200 | 1,350 |
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Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 131-09-2160 | Total Assessment | $20,683 |
| Land Assessment | $0 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 | Tax Year | 2026 |
Property Taxes
Parcel Number
131-09-2160
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$20,683
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
1710 S Jefferson Ave