Unravel the potential of this sublime investment property, a marvel in the realm of real estate. Nestled within the bustling heart of South Tucson, this gem is home to six fully renovated studio units, meticulously overhauled in the 2022/2023 window. Each compact, yet superbly laid-out unit is individually metered for both electricity and water, a unique perk for astute investors.
Fear not about the occupancy as they are all 100% rented, providing an immediate income stream. You'll appreciate its impressive capital rate of 7.3%, a reflective to its stable income generator potential.
But the opportunity doesn't stop here. Accompanying the existing units is vacant land, ripe for the construction of an additional 3 to 4 units. This extra land is included within the selling price, providing abundant room for expansion and greater return on your investment.
Positioned primely amid all urban conveniences, this property thrives with accessibility. Restaurants, grocery stores, and freeways are just around the corner, conveniences that your tenants will surely appreciate. Take the chance to amplify your investment portfolio with this enticing offering that brings together a seamless blend of immediate returns and promising future expansion.
Where it's located
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