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Fontana East & West 2 Multifamily Properties Offered at $2,050,000 in Tucson, AZ
Investment Highlights
- One Level Courtyard Villas
- 100% Fully Lease Units with Upside
- Brick and Mortar, Individually Metered
- One Level Casitas with Carports
- Solid Central Tucson Rental Location
Executive Summary
Equilibrium Realty is pleased to present this two property investment offering with a total of 24 individually metered units in central Tucson, Arizona. Fontana
Court was built in 1952 with 13 units (12 one bed units plus 1 two bed) is located at 3127 North Fontana Avenue. Fontana East was built in 1953 with 11 units (9
one bed units plus 1 three bed ) is located at 3134 North Fontana Avenue. All units include a drive up covered carport. The property is currently 92% occupied
with more opportunity to increase rents. This investment offers cash flow at COE.
Court was built in 1952 with 13 units (12 one bed units plus 1 two bed) is located at 3127 North Fontana Avenue. Fontana East was built in 1953 with 11 units (9
one bed units plus 1 three bed ) is located at 3134 North Fontana Avenue. All units include a drive up covered carport. The property is currently 92% occupied
with more opportunity to increase rents. This investment offers cash flow at COE.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Third Party Reports
Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
$99,999
|
| Vacancy Loss |
$99,999
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $2,050,000 | Number of Properties | 2 |
| Price / SF | $84.34 / SF | Individually For Sale | 0 |
| Cap Rate | 7.74% | Total Building Size | 24,307 SF |
| Sale Type | Investment | Total Land Area | 2.33 AC |
| Status | Active |
| Price | $2,050,000 |
| Price / SF | $84.34 / SF |
| Cap Rate | 7.74% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 24,307 SF |
| Total Land Area | 2.33 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3127 N Fontana Ave, Tucson, AZ 85705 | Multifamily | 12,334 SF | 1953 | - |
|
Fontana East Apartments
3133 N Fontana Ave, Tucson, AZ 85705 |
Multifamily | 11,973 SF | 1977 | - |
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Fontana East & West
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