For Sale
$1,950,000

5818 26Th StTucson, AZ 85711

14-Unit Apartment Complex, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 14-unit apartment building, situated at 5818 E 26th St, Tucson, AZ 85711, presents a compelling investment opportunity. Boasting 11,654 square feet of net rentable space, the property comprises thirteen two-bedroom/one-bathroom units and one three-bedroom/one-bathroom unit. Constructed in 1963 and zoned R-2, this multifamily complex benefits from its strategic location south of Park Place Mall and north of Davis Monthan Air Force Base, ensuring high occupancy potential. Individual electricity meters and master metering for water, sewer, and trash contribute to efficient utility management. Residents enjoy the convenience of in-unit washers and dryers. Several units feature updated cabinetry and flooring, enclosed backyards, and carports, enhancing their appeal. The property offers significant value-add potential through exterior improvements and the implementation of a RUBS (Rent Utility Billing System) program. The asking price is $1,950,000, and financing options include all-cash purchases or new loans. The property's APN is 131-09-1080. This is a rare chance to acquire a well-positioned multifamily asset with strong potential for future growth and returns.

Highlights

  • 14-unit apartment building, built in 1963.
  • 13 two-bedroom/one-bathroom units and 1 three-bedroom/one-bathroom unit.
  • Excellent location near Davis-Monthan AFB and Park Place Mall.
  • All units feature in-unit washers and dryers.
  • Select units offer updated interiors, fenced backyards, and carports.
  • Financing available via all-cash purchase or new loan.

Property Details for 5818 26Th St

Property type
Apartment buildings
Year Built
1963
Units
14

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.202554862387
Longitude
-110.86800557095
5818 26Th St, Tucson, Arizona

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
5818 26Th St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message