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$1,078,000
302 W Flores St, Tucson, AZ 85705
0 Beds
0 Baths
n/a SqFt

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A 14-unit community located in one of the top markets in the nation. Tucson has low vacancies, high rent growth, and high population growth with many industries moving jobs to the area. A nice mix of studios, 1-bedrooms, and one 3-bedroom unit. Value-add property with continued improvement to both exterior and interiors. Seller has steadied the property over the last few months and will be looking to 1031 exchange into a larger property. Current 6% cap rate over last 3 months of operations.
  • Price:
  • $1,078,000
  • Acreage:
  • 0.42
  • Year Built:
  • 1948
  • Listing ID #:
  • 22227591
  • Street Address:
  • 302 W Flores St
  • City:
  • Tucson
  • State:
  • Arizona
  • Postal Code:
  • 85705
  • County:
  • Pima
  • Community:
  • Central
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial
  • Approximate Square Footage Source:
  • Owner
  • Construction Status:
  • Existing
  • Number Of Units:
  • 14
  • Type Of Roof:
  • Built-Up
  • Year Built:
  • 1948
  • Conforms To Zoning:
  • Tucson - C2
  • Lot Features:
  • Corner Lot
  • Lot Square Footage:
  • 18240.00
  • Days On Market:
  • 92
  • Price Per Square Foot:
  • 159.33
  • Property Taxes:
  • $4,277
  • Tax Year:
  • 2021
  • Existing Water:
  • City
  • Heating:
  • Wall
  • Sewage Type:
  • Connected
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By: Joseph Chaplik () with Joseph Bernard Investment RE
  • TUCSON

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