Venice Arms Apartments

12 Unit Apartment Building | $1,450,000 ($120,833/Unit) | 6.56% Cap Rate | Tucson, AZ 85712

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,450,000

Property Type
Multifamily
Square Feet
9,258 SF

Listing Contacts

Esther Empens
Esther Empens
Verified Profile
  • Property Info

Property Overview

Midtown Garden Style Venice Arms Apartments - 6.56% Cap rate. Exterior brick construction, (8) one-bedroom units, (4) two-bedroom units, plus on site laundry facilities. Each unit has own mini-splits, tile floors, small patio area and centrally located. Each tenant is allowed one carport space. Storage room could be converted for additional income. 10 minutes to University of Arizona.

Property Details

Class
C
Year Built
1963
Stories
1
Lot Size (sq. ft)
37,026 SF
Units
12

Highlights

  • tile floors
  • mini splits
  • on site laundry

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