Hidden Cove Apartments

3240 & 3244 N. Geronimo Ave., 3248-3258 & 3276 N. Geronimo Ave. , Tucson, AZ, Pima County, 85705

Highlights

Value-add opportunity

Operational upside

Attractive unit mix

Three large single-family homes

Large filled in pool area

Storage sheds on-site

Potential opportunity in future to buy remaining units from owner

Below market rents

Large floor plans

Individually metered for electric and gas

Backyards for some of the units

Covered parking for 8 / 15 units

In-unit washer/dryer hookups for some units

Storage closets

Information

Sale Price:

$1,150,000

Cap Rate:

7.40%

NOI:

$85,123

Building Size:

10,803 SF

Lot Size:

1.920 Acres

Zoning:

R-3

Availability

Property Sale

Sale Price:

$1,150,000

Price/SF

$106.45

Listors

Allan Mendelsberg

520-546-2721

C. Joey Martinez

520-546-2730