806 E 10th St - Apartments FOR SALE


Tucson, AZ 85719- Rincon Heights
$1,600,000 USD
520-247-7480
806 E 10th St, Tucson, AZ for Sale
$1,600,000 USD
Apartments - FOR SALE
1/26
null | 5.12% Cap Rate

806 E 10th St
Tucson, AZ 85719
Rincon Heights


HIGHLIGHTS

  • Turn Key
  • 2023 Renovation
  • 4 blocks to the University of Arizona
  • 5 Blocks to 4th ave and Downtown

OVERVIEW

806 E 10th Street is a six-unit multifamily asset located four blocks from the University of Arizona campus, with walkable access to Main Gate Square, 4th Avenue, Downtown Tucson, and the Sun Link streetcar. The property consists of six 2-bedroom, 1-bath units totaling 12 bedrooms, professionally maintained with in-place income at acquisition and rents below market. Unit layouts and location support a tenant base of undergraduate and graduate students, with flexibility for traditional long-term residents. The University of Arizona generates sustained off-campus housing demand within a defined walk-shed surrounding campus, supporting long-term occupancy and rent fundamentals. Turn-key multifamily assets within four blocks of campus rarely come to market. 806 E 10th Street presents an opportunity to acquire an income-producing asset with near-term rent upside in an established university-adjacent sub market.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$394 USD /SF

# OF UNITS

6

PRICE/UNIT

$266,667

CAP RATE

5.12%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

806 E 10th st Tucson AZ 85719

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1976

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

R3

APN/PARCEL ID

124-07-1470

ASK ABOUT THIS PROPERTY

Omer KresoRealty Executives Arizona TerritoryMore Info
520-247-7480

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Omer KresoRealty Executives Arizona TerritoryMore Info
520-247-7480

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