6 Unit Apartment Building in Tucson, Arizona

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6 Unit Apartment Building in Tucson, Arizona

Avery Gilmer
Investor · Phoenix, AZ · Member since 2013 · 193 posts · 37 votes
  • 1 2br/2ba, 2 2br/1ba 3 1br/1ba
  • Good cash flow & low expenses
  • sold as-is
  • 6 unit apartment, 2 buildings, built in 1977, 3400 sq ft
  • 5 units currently occupied, vacant unit is being used as storage
  • Annual rent $28,800
  • Rents can be increased
  • Utilities (water only) $250 average/month
  • Tenant pays electric & gas
  • Taxes are about $3,000 
  • Buildings are in good condition, new roof 
  • shopping center & major bus line just seconds away.
  • Quiet area, and tenants are long term.

Email for more info. Price $230k

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    • Avery Gilmer
      OP
      Investor · Phoenix, AZ · Member since 2013 · 193 posts · 37 votes
      10y

      Also have a 5 unit in Tucson as well. 

      • 1 2br/1ba, 2 1br/1ba, 2 studios
      • Annual rent $22,200, rents can be increased
      • Utilities (water only) about $200/month
      • Insurance runs about $990 & taxes are about $1,400 annually
      • Tenants pays for gas & electricity
      • Building in good condition, built in 1948
      • split central air

      Email for more info. Price $135k

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