Cactus Nectar Townhomes

Located conveniently five minutes from the University of Arizona and Downtown, Cactus Nectar Townhomes presents an exceptional investment opportunity with promising long-term rental income growth. This property encompasses three units: a : (1) 1BD/1BA apartment, with (2) large 3BD/2.5BAs, one of which is furnished. Both the interior and exterior of all 3 units have been recently renovated. New owners can seize this turnkey asset and potentially boost NOI through rental increases as market conditions permit.
The tri-plex has been meticulously maintained and operated. The interiors have undergone a complete overhaul, starting with the replacement of all plumbing and fixtures for optimal functionality and safety. Electrical wiring and fixtures have been updated to meet current codes, ensuring modern standards. For enhanced tenant comfort, air conditioning units have been relocated or replaced to optimize airflow throughout the units. Kitchens have new quartz countertops, stainless steel appliances, energy-efficient dual-pane windows, and stylish new flooring. In-unit washer and dryer – owned by Owner. Future investors can benefit from the low-maintenance nature of this well-preserved property, as it is fully leased until the summer of 2025.
Extensive property enhancements have transformed this triplex into an inviting oasis. A new privacy fence, paved walkways, and a revitalized pool area complete with a heater create a peaceful oasis. Safety features include pool fencing and a comprehensive security system. To maximize outdoor living space, Arizona rooms were removed from units one and two. The exterior has fresh stucco, a coat of paint, and upgraded landscaping with rock accents. Structural integrity has been reinforced with a new roof installation, beam adjustments, while new security locks and concrete slabs for units two and three provide added safety and convenience.
Placed within miles of Downtown Tucson, U of A, and Pima community college the tri-plex is the perfect housing choice for students, since it is close to the University of Arizona in addition to young professionals. Entertainment options are easily accessible within walking distance, adding to its desirability. Nearby attractions, such as Tumamoc Hill, the Kino Sports Complex, the Tucson Botanical Gardens, and the Tucson Airport, ensuring residents have many recreational and cultural activities to explore. Additionally, commuting is a breeze, with easy access to I-10 and I-19.