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31849857
31849884

113 East District Street, Tucson, AZ 85714

HL
AZ SA719042000
$570,000
41 days on market
Updated 16 days ago

113 & 119 East District Street

Details
Property Type Retail, Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 4,100
Cap Rate 9.73%
NOI $55,440
Occupancy 100%
Tenancy Multi
Lease Type Gross
Lease Expiration 01/01/2027
Remaining Term 1
Pro-Forma Cap Rate 8.41%
Pro-Forma NOI $47,949
Price per SqFt $139
Year Built 2006
Stories 1
Lot Size (SqFt) 12,850
Zoning R3
Parking Spaces 8 spaces
Parking Per SqFt 1.95
Investment Type Value Add
Lease Commencement 01/01/2026
Ground Lease No

Fully Leased Quadplex | Turnkey Investment | Immediate Cash Flow

Marketing description

Brand new Roof!! 113 E District Street presents a rare opportunity to acquire a fully leased quadplex offering immediate and consistent cash flow. This turnkey investment is ideal for both seasoned investors and those seeking a stable, low-management entry into income-producing real estate.

The property is 100% occupied with strong in-place tenancy, providing reliable income from day one. With four residential units, the asset benefits from diversified rental streams, reducing vacancy risk and enhancing long-term stability.

Strategically located in a growing area, the property is positioned to benefit from continued demand and future appreciation. Investors may also find additional upside through rental increases, operational efficiencies, or long-term repositioning.

Investment highlights

Investment Highlights:

  • 100% occupied
  • Immediate cash flow with stable tenants
  • Low vacancy risk with diversified unit mix
  • Potential upside through rent growth

Listing Contacts

HL
AZ SA719042000

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$55,440.00
$4,620.00/mo

Valuation Metrics

0
DSCR
9.73%
Cap Rate
9.73%
ROI

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Additional Information

Name
Heather Leask
License
SA719042000
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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