710 N Richey Boulevard new

Tucson,AZ 85716

$ 6400000

- Bed

- Bath

28485 SqFt


Key Details

Property Type Commercial

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 28,485 sqft

Price per Sqft $224

MLS Listing ID 22516359

Year Built 2001

Annual Tax Amount $15,548

Tax Year 2024

Lot Size 1.770 Acres

Acres 1.77

Property Sub-Type Apartment

Property Description

Just east of the University & one block from popular 3rd st bike boulevard, this rare 27-unit portfolio of detached SFRs offers a turnkey investment w/ strong fundamentals and upside potential. Each of the 2-bed, 2-bath homes incl: private yards, in-unit laundry, & dedicated covered parking (garage or carport). Tenants are responsible for all utilities & w/ no common area expenses, the portfolio delivers efficient operating performance. Rents are stable w/ structured increases in place, offering attractive near-term revenue growth. Located within 1/2 mi. of abundant commercial amenities, the property enjoys high tenant demand & convenience-driven retention.

Location

State AZ

County Pima

Area Central

Zoning Tucson - R2

Interior

Hot Water Electric

Heating Heat Pump

Cooling Ceiling Fan(s),Central Air

Exterior

Parking Features Paved Parking

Garage Spaces 27.0

Fence Block

Roof Type Built-Up - Reflect

Road Frontage Chip/Seal,Paved

Building

Lot Description Corner Lot,Subdivided

Sewer Connected

Water City

Structure Type Frame - Stucco

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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