This Multifamily Property is no longer advertised on LoopNet.com.

427 E Delano St
Tucson, AZ 85705
Multifamily Property For Sale · 9 Units

Property Facts

No. Units 9
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Garden
Building Class C
Lot Size 0.66 AC
Building Size 6,042 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1976/2014
Parking Ratio 1.49/1,000 SF
Zoning R-2

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Refrigerator
  • Yard

Site Amenities

  • Controlled Access
  • Fenced Lot

About 427 E DELANO ST , TUCSON, AZ 85705

This property on E Delano St is in the Flowing Wells/West submarket of Tucson, Arizona VALUE ADD contains 8 units - 1bd/1ba 576 sq ft each 1 Unit- 4 bed 2 bath 1,434 sq ft Electrically Sub Metered OWN 9 UNITS FOR THE PRICE OF A SFR NO adjoining walls. COTTAGE STYLE SEPARATE UNITS!!! Each with its own private yard and covered parking. Set up an association and sell off each unit as a Single Townhouse/Condo Or buy it to move the whole family for a Family Compound, Grandparents/Uncles/Aunts/Cousins/Siblings Washer and Dryers in units 8 minute drive will get tenants to the I-10 freeway and the Tucson Mall. University of Arizona is 9 minutes away place GRAD U of A students in cottage like apartments and DOUBLE the rents!!! SILVER BELL GOLF COURSE is 14 minutes away City Center is 13 minutes away. 9 mins to Banner University Medical Center Tucson Medical Center is 17 minutes away 15 minutes to Northwest Medical Center FLOWING WELLS HIGH SCHOOL is a 7 minute drive The Tucson International Airport is a 23 minute drive. Phoenix, Arizona, the 5th largest city in the United States by population, is roughly a 90 minute drive. Tucson is home to many large employers, including Raytheon, The Davis-Monthan Air Force Base, and CAT. Currently, the property is 100% occupied, self-manage, would generate a cash-on-cash return of roughly 6.9% in the first year of operation (with typical institutional financing rates). FOR SALE BY OWNER CARRYBACK CARRY SELLER FINANCING INVESTMENT MFR APARTMENTS APARTMENT BUILDING INVESTOR OWC CASH FLOW CASHFLOW MOTIVATED Many tenants are long term. Nice quiet little community in a off the street nook No agents involved. For sale by owner. Acquire your own financing or Owner Financing with Down.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 $800.00 576
4+2 1 $1,495 1,434

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 107-11-026C
  • 107-11-0440
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$50,749
  • Listing ID: 14223028

  • Date on Market: 10/29/2018

  • Last Updated:

  • Address: 427 E Delano St, Tucson, AZ 85705

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