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33103523
33103548

806 East 10th Street, Tucson, AZ 85719 For Sale

OK
AZ 139756113
Realty Executives Arizona Territory
Listed by Realty Executives Arizona Territory
$1,400,000
53 days on market
Updated 8 days ago
Opportunity zone

806 East 10th Street

Details
Property Type Multifamily
Sub Type Student Housing, Apartment Building
Square Footage 4,062
Units 12
Pro-Forma Cap Rate 5.85%
Pro-Forma NOI $81,900
Class B
Year Built 1976
Year Renovated 2023
Buildings 1
Acreage 0.210
Zoning R3
Ground Lease No

TURN KEY 6 Unit complex 4 blocks from the University of Arizona

Marketing description

806 E 10th Street is a six-unit multifamily asset located four blocks from the University of Arizona campus, with walkable access to Main Gate Square, 4th Avenue, Downtown Tucson, and the Sun Link streetcar. The property consists of six 2-bedroom, 1-bath units totaling 12 bedrooms, professionally maintained with in-place income at acquisition and rents below market. Unit layouts and location support a tenant base of undergraduate and graduate students, with flexibility for traditional long-term residents.

The University of Arizona generates sustained off-campus housing demand within a defined walk-shed surrounding campus, supporting long-term occupancy and rent fundamentals. Turn-key multifamily assets within four blocks of campus rarely come to market. 806 E 10th Street presents an opportunity to acquire an income-producing asset with near-term rent upside in an established university-adjacent sub market.

Investment highlights

Turn Key

Recently Remodeled

4 block to the University of Arizona

Walking Distance to downtown and 4th ave

Listing Contacts

OK
AZ 139756113
Realty Executives Arizona Territory
Listed by Realty Executives Arizona Territory

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