716-730 N Palo Verde - Apartments FOR SALE


Tucson, AZ 85716- Miramonte
$1,100,000 USD
520-548-7652
716-730 N Palo Verde, Tucson, AZ for Sale
$1,100,000 USD
Apartments - FOR SALE
1/67
null | Request Cap Rate

716-730 N Palo Verde
Tucson, AZ 85716
Miramonte


OVERVIEW

Located in the heart of the desirable Miramonte neighborhood and just steps from the 3rd Street bike path, Midtown Casitas spans 2 residential parcels and offers a rare opportunity to own a fully renovated multi-family property. The property is comprised of 6 apartments arranged across three charming duplex buildings, plus a dedicated laundry and storage building. All structures are thoughtfully situated around a lush desert-landscaped courtyard that creates a welcoming, community feel. Meticulously remodeled to reflect the character of Old Tucson architecture while incorporating modern conveniences, Midtown Casitas blends timeless style with long-term durability. This property attracts quality, long-term tenants and enjoys low turnover, making it an outstanding investment opportunity. The 2nd parcel is: #125-11-014F, addresses 720-722 N Palo Verde.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$224 USD /SF

# OF UNITS

6

PRICE/UNIT

$183,333

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

R-2, Tucson

APN/PARCEL ID

125-11-014F,125-11-014G,125-11-0310

ASK ABOUT THIS PROPERTY

Waco StarrLong Realty CompanyMore Info
520-548-7652

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Waco StarrLong Realty CompanyMore Info
520-548-7652

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.