3035-3053 N Los Altos Avenue
Tucson, AZ 85705
About
High cap rate investment property which has been nearly completely renovated with a huge opportunity to increase NOI. Clean property always 100% occupied that has three separate structures which form a U shape, all with private yards. Nine 2 bed 1 bath units and one 3 bed 1.5 bath unit that is in an area with exploding demand, in central close to the U of A. Capital expenditures for upgrading in the prior year totaled nearly $100,000 and include all new electrical, roofs, AC/Heater Units, painting and plumbing repairs. Six of the units (35,37,45,47,49,53) have been completely upgraded including new flooring, paint, kitchen & bathroom renovations. Most units are well below market prices while with either mainly month to month leases or else leases that are soon to end.
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1948
Sq.Footage
6,270
Features
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(square feet)
847,560
-
Property Type
Commercial Sale
Price
-
Sales Price
$695,000
-
Tax Amount
$4,656.31
-
Sq. Footage
6,270
-
Price/SqFt
$110
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Schedule
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Location
-
County
Pima
-
Elementary School
-
Middle School
-
High School
Listing Courtesy of Danny A Roth, Keller Williams Southern Arizona
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