3850 - 3880 N. Park Ave.

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3850 - 3880 N. Park Ave.

Tucson, AZ 85719
Asking Price
Contact for price
Asset Type
Multifamily
Class
Class B

What's Special

3850 - 3880 N. Park Ave., Tucson, AZ 85719 <ul><li>​Value-add opportunity</li><li>​Strong in-place financials</li><li>​Ample parking</li><li>​Well maintained grounds</li><li>​Masonry construction</li><li>​Attractive location in north central Tucson</li><li>​Below market rents</li><li>​Historically high occupancy</li><li>​Air conditioning for some units</li><li>​Dishwashers</li><li>​Washer / Dryer hookups</li><li>​Private backyards</li><li>​Storage unit for each apartment</li></ul>

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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

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