Equilibrium Real Estate Investments
Listed by Equilibrium Real Estate Investments
$1,750,000
244 West Flores - 16 Units
Details
APN 115-05-242
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,556
Net Rentable (SqFt) 7,556
Units 16
Pro-Forma Cap Rate 8.61%
Pro-Forma NOI $150,644
Price per SqFt $232
Class A
Year Built 2026
Buildings 3
Stories 1
Acreage 0.470
Multifamily | 16 Units | $109,375/unit
Marketing description
Equilibrium Realty is pleased to offer a completely re-developed 16 unit apartment complex located near the busy arterial of Oracle Road (Miracle Mile) in Tucson. The property was re-developed from the structural walls outward - new 10 feet ceilings, new electric, new plumbing, new drywall, new lighting, new counters, new fixtures and new flooring. The surrounding walls, sidewalks, parking lot, and access gates are also new. Property will be delivered with COOs for all units. Strong investment upside with lease up.
Listing Contacts
Equilibrium Real Estate Investments
Listed by Equilibrium Real Estate Investments
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