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Navajo Apartments 238 W Navajo Rd 7 Unit Apartment Building $1,099,000 ($157,000/Unit) 7.39% Cap Rate Tucson, AZ 85705
EXECUTIVE SUMMARY
This exceptional seven-unit property features oversized residences, each with a private yard, that have been fully renovated down to the studs. Recent upgrades include new HVAC systems, water heaters, and electrical panels, ensuring long-term operational efficiency. The spacious floor plan, 800 SF two-bed/one-bath units and 1,200 SF three-bed/two-bath units, offer tenants generous living space ideal for today’s live-work lifestyle.
PROPERTY FACTS
| Price | $1,099,000 | Building Class | C |
| Price Per Unit | $157,000 | Lot Size | 0.68 AC |
| Sale Type | Investment | Building Size | 8,322 SF |
| Cap Rate | 7.39% | Average Occupancy | 100% |
| No. Units | 7 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1981/2024 |
| Property Subtype | Apartment | Parking Ratio | 2.03/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | R-2, Tucson | ||
| Price | $1,099,000 |
| Price Per Unit | $157,000 |
| Sale Type | Investment |
| Cap Rate | 7.39% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.68 AC |
| Building Size | 8,322 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1981/2024 |
| Parking Ratio | 2.03/1,000 SF |
| Zoning | R-2, Tucson |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Washer/Dryer Hookup
- Ceiling Fans
- Kitchen
- Granite Countertops
- Stainless Steel Appliances
- Yard
- Double Pane Windows
- Vinyl Flooring
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 3+2 | 3 | - | - |
1 1
Walk Score®
Very Walkable (73)
Bike Score®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | 106-03-1150 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $37,382 |
PROPERTY TAXES
Parcel Number
106-03-1150
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$37,382
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Navajo Apartments | 238 W Navajo Rd
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