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601 W. Simpson St. & 630 W. 18th St.
Tucson, AZ 85745
Asking Price
Contact for price
Asset Type
Land
Class
Class B
What's Special
601 W. Simpson St. & 630 W. 18th St., Tucson, AZ 85745 <ul><li>Rare Gem Show development site in one of Tucson's most active annual economic corridors</li><li>Zoned for multifamily residential, apartment, or hotel use with up to 75 ft allowable building height</li><li>Located within the Rio Nuevo Incentive District, a federally designated Empowerment Zone</li><li>Direct I-10 access with exceptional freeway visibility and connectivity</li><li>One block south of Downtown Tucson, the Tucson Convention Center, and the downtown streetcar line — righ
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
