MASTERFULLY BUILT STUDENT HOUSING COMBINES SUPERB LOCATION WITH DESIRABLE AMENITIES
Marcus & Millichap has been retained as the exclusive advisor for the disposition of The Water Street Houses, a combined 9 units, 44-bed multifamily property strategically located near The University of Arizona. Built in 2014, The Water Street Houses represent an exceptional opportunity to acquire a turn-key multifamily asset within close proximity to The University of Arizona. Additionally, houses provide furnishings for all common areas. The living rooms include a leather blend sofa, love seat, arm chair, steel-wood slate cocktail table, corner table with a lamp, and a glass and steel multi-shelf entertainment center outfitted with a 55 inch HDTV with a ROKU streaming device. The dining area features a solid wood table with marble top and seating for six either in the form of 6 leather blend chairs or 4 chairs and one bench. Finally, the covered patios are equipped with two
wrought iron café tables and 6 chairs. The Water Street Houses are already pre-leased until August 2018.
FOX RESTAURANT CONCEPTS BRINGS THE YARD & CULINARY DROPOUT TO TUCSON, REPLICATING PRECEDENTED SUCCESS IN PHOENIX
Gentrification efforts via new development by Fox Restaurant Concepts will make the Water Street Homes one of the most attractive places to live for Students as it is directly north of the projected development site. Arizona restaurant tycoon Sam Fox will bring The Yard, his sprawling entertainment and dining complex, to his hometown of Tucson in 2017 at the old Grant Road Lumber, 2543 East Grant Road. The 19,000-square-foot complex that will include a covered yard with couches, fireplaces, corn hole games, foosball tables and other backyard-style activities. The Yard will be adjoined by The
Fox Concept Culinary Dropout, known for its gastropub fare, mixologist drinks, and live music.
