50 King RdTucson, AZ 85705

This exceptional 20-unit apartment complex, situated on a 1.38-acre lot at 50 W King Road in Tucson, Arizona, presents a compelling investment opportunity. Boasting a total of 13,000 square feet, the property underwent a complete renovation in 2019, resulting in a modern and highly desirable living environment. Upgrades include new granite countertops, stainless steel appliances, and polished concrete floors throughout all units. Bathrooms feature bright, updated subway tile and high-quality finishes. Each unit is individually metered for both electricity and gas, offering efficient utility management. The complex's prime location provides easy access to the University of Arizona, downtown Tucson, Northwest Tucson, Tucson Mall, and a wealth of dining, shopping, and entertainment options. Adding to its appeal, the property is gated and well-lit, ensuring tenant security. On-site, seller-owned laundry equipment generates additional income, and secure individual storage units for tenants offer further revenue potential for the new owner. This turnkey investment is ready for immediate income generation and offers significant upside potential. The asking price is $2,550,000.