1036 Prince RdTucson, AZ 85705

Property Details for 1036 Prince Rd

Lot size

0.52 AC

Property type

Hospitality properties

Property subtype

Multifamily properties

Description

This exceptional 0.52-acre property in Tucson, Arizona, presents a unique investment opportunity. Located at 1036 W Prince Rd, in Pima County (APN 106-06-029B), this Fee Simple offering encompasses a thriving multi-family complex with five units and four RV pads. The property includes a single-family residence currently generating $1,200 monthly rent, two mobile homes renting for $500 and $550 per month respectively, and two RV spaces. Utilities are serviced by Tucson Electric Power and Flowing Wells ID (water). The property's C-1 zoning allows for flexible use, including multi-family, retail, or commercial development. Its high-visibility location on Prince Road ensures strong long-term growth and income potential. The estimated annual gross income, at full occupancy with RV spaces at $500/month, is $30,000. This prime location within an Enterprise Zone further enhances its redevelopment potential. A separately priced self-serve car wash ($500,000) is situated on the same address, but a separate parcel, offering added investment diversity. This is a rare chance to acquire a well-established income-producing property with significant upside potential.

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.2722

Longitude

-110.99

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