17-Bed Student Housing | Master Lease Through 2027
Multifamily
Marketing description
Steel Village is a 17-bedroom / 9-bathroom group housing property located approximately one mile from the University of Arizona, historically used for full-building occupancy by organized student groups, including fraternity housing. The property is configured to support large-group living and similar use going forward.
The property is currently leased at $13,175/month under a full-building lease through July 2027, providing near-term income stability and simplified operations.
Originally constructed in 1948, the property was substantially rebuilt and repurposed in 2012, including updates to electrical, plumbing, mechanical systems, and interior finishes. In 2019, the owner completed significant capital improvements, including a renovated kitchen with a large island, updated flooring, and enhanced outdoor common areas with a pool and gathering spaces. On-site laundry is included.
The layout includes multiple common areas and shared amenities designed to accommodate full-building occupancy and large-group living.
Due to zoning and location, opportunities to acquire group housing of this scale in close proximity to the University of Arizona are limited.
The property is offered all cash or with new financing.
Detailed financials, lease documents, and supporting materials are available in the document vault:
https://www.abimultifamily.com/?a=07FF55BCB52A145573&/steel-village-student-housing
Investment highlights
In-Place Master Lease Through July 2027
Provides near-term income certainty with limited leasing or vacancy risk during the lease term.
17-Bed / 9-Bath Student Housing Asset
Purpose-configured shared housing near the University of Arizona, offering a differentiated product in a supply-constrained submarket.
Substantially Rebuilt in 2012
Major reconstruction included new electrical, plumbing, and interior systems, reducing exposure to many of the risks associated with older buildings.
Central Tucson Location Near University of Arizona
Approximately one mile from campus with consistent long-term student housing demand.Simplified Operations Under Master Lease Structure
Day-to-day operations and tenant coordination handled at the master-tenant level, reducing management intensity for ownership.Long-Term Hold / Capital Preservation Profile
Well-suited for investors seeking stable income and predictability rather than yield-driven or redevelopment strategies.Offered All Cash or New Loan
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
