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3725-3729 E Farr Pl
Tucson, AZ 85716
Multifamily Property For Sale · 10 Units

Investment Highlights

  • 10 Total Units, Originally Built in 1950, With Select Renovations in 2018
  • Individually Metered for Gas & Electric, Master-Metered for Water, Sewer, & Trash
  • Value-Add Opportunity With Below Market Rents (~$175 Avg) & Month-to-Month Leases
  • Unit Mix Consisting of (1) Studio, (6) One-Bedroom Units, & (3) Two-Bedroom Units (744 SF Weighted Average)
  • Opportunity to Implement RUBS & Increase Revenue Further
  • Ideally Located Across the Street From the Trendy Metal Arts Village & Within Walking Distance of the River Path & Brandi Fenton Memorial Park

Property Facts

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.58 AC
Building Size 6,365 SF
Average Occupancy 95%
No. Stories 1
Year Built 1950
Parking Ratio 1.57/1,000 SF
Zoning MU

Amenities

Site Amenities

  • Courtyard

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 - 500
1+1 6 - 650 - 700
2+1 1 - 980
2+1.5 1 - 980
2+2 1 - 980

Property Taxes

Property Taxes

Parcel Number
111-04-0760
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$48,136
  • Listing ID: 29289183

  • Date on Market: 8/16/2023

  • Last Updated:

  • Address: 3725-3729 E Farr Pl, Tucson, AZ 85716

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