2740 N Balboa Ave, Tucson, AZ 85705

$5,100,000

Active for Sale

Listing ID	11355428



Property Type	Multi-Unit (5+)



County	Pima

Tax ID	000000-000.000-0039-003.000



FEMA Flood Map	fema.gov/portal



Year Built	1963

Associated Documents

BROCHURE

Marketing Flyer

Virtual Tour

58 units in Central Tucson, Oakwood Terrace Apartments

Oakwood Terrace is a 58 unit value add opportunity in Central Tucson. Recent projects include interiors turnover, resurfaced pool, second laundry room on site built out, and new exterior paint. Interiors are mostly classic condition, upgrading units could bring in as much as $300-400/unit rental premium compared to other properties in area. This gated community provides a private and secure place to live for tenants.

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Property Details

29184 SF
2.48 Acres
Built in 1963
Available 10/21/2024

Exterior Features

Pool

Commercial Info

6% Cap. Rate

Income/Expenses

Net Income $313,432
Total Exp $245,508

Listed By

Joseph Chaplik

Joseph Bernard Investment Real Estate

Office: 480-305-5600

Listing data is deemed reliable but is NOT guaranteed accurate.

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