794 E Seneca St - Multi-Family FOR SALE


Tucson, AZ 85719- Jefferson Park
$3,000,000 USD
520-490-2113
794 E Seneca St, Tucson, AZ for Sale
$3,000,000 USD
Multi-Family - FOR SALE
1/15
null | 7.15% Cap Rate

794 E Seneca St
Tucson, AZ 85719
Jefferson Park


HIGHLIGHTS

  • Prime location – Near UofA & Downtown
  • Turn-key student housing
  • Property management in place
  • Private bathrooms for each bedroom
  • In-unit laundry
  • Renovated units

OVERVIEW

The Compound Student Housing presents a turnkey student housing investment opportunity strategically located within a short drive of the University of Arizona. The property consists of (6 – 4BD/4BAs & 1 SFR – 4BD/4.5BAs), totaling 28 beds and providing a well-established housing option within the university rental market. The property benefits from in-place property management and was fully leased for the 2026–2027 academic year, providing investors with an established operating structure and demonstrated tenant demand. The units are designed to meet the demands of the student housing market, featuring air-conditioned units, shaker-style cabinetry, granite countertops, and stainless-steel appliances throughout the kitchens. Spacious dining and living areas provide functional common space, while tile flooring throughout and carpeted bedrooms offer durability and ease of maintenance. One building additionally features polished concrete flooring on the first level. Each unit includes an in-unit washer and dryer, providing a desirable amenity that enhances marketability and supports tenant retention. Under the current in-place management structure, tenants are responsible for all utilities, helping limit ownership expenses associated with utility consumption and reducing the property's operating expense burden. A key differentiator of The Compound Student Housing is its extensive on-site amenity package, which supports the property's competitive position within the student housing market. The property features a large artificial turf common area, well-maintained pool, hot tub, and multiple covered outdoor spaces designed for recreation and social use. A large on-site parking lot provides ample parking for residents, further enhancing the property's functionality and marketability. With its proximity to the University of Arizona, established student housing configuration, private bedroom-and-bathroom layouts, extensive common-area amenities, and in-place property management, The Compound Student Housing offers investors the opportunity to acquire a turnkey student housing asset with established tenant demand, a streamlined operating structure, and potential for continued performance within the Tucson student housing market.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$194 USD /SF

# OF UNITS

7

PRICE/UNIT

$428,571

CAP RATE

7.15%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Compound

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2018

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

R-2

APN/PARCEL ID

123-14-0590,123-14-061B

ASK ABOUT THIS PROPERTY

Allan MendelsbergCushman & Wakefield | PICORMore Info
520-490-2113

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Allan MendelsbergCushman & Wakefield | PICORMore Info
520-490-2113

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