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Casitas at Cordon North 1401 N Camino Cordon Rd

4 Unit Apartment Building $1,250,000 ($312,500/Unit) Tucson, AZ 85748

Executive Summary

Discover a rare opportunity in NE Tucson's coveted Tanque Verde Valley with this captivating property, nestled on a sprawling 6.675-acre parcel enveloped by a mature mesquite bosque & offering stunning mountain views. This meticulously maintained estate features 4 charming masonry casitas, each with its own distinctive character, adding to the overall allure & appeal of the property. The largest is a spacious 2-BR, 2-BA casita, perfect for comfortable living. Accompanying this main residence are 3 additional casitas, each offering 1-BR & 1-BA. This layout provides versatile options: live in the larger unit & have room for extended family & guests or rent out the three for supplemental income or lease all four casitas for a profitable investment opportunity. The property boasts a long successful rental history. Privately gated with easy access from a paved road, it offers convenience and security. Nearby amenities include renowned restaurants, golf courses, hiking trails, the Tanque Verde Guest Ranch, Saguaro National Park, Coronado National Forest, shopping and medical facilities, enhancing its appeal as both a residence and a rental property. The land also offers other spectacular homesite locations if the new owner would like to choose one to build a larger residence.
Enjoy the serene outdoor setting from the centerpiece of the property, a sparkling spool (a combination of a spa and a pool) perfect for relaxation amidst the natural beauty of the massive mesquites. A private, separate laundry building ensures convenience and efficiency for both residents and guests.
The property's turnkey option adds exceptional value, as it includes all furnishings, linens, kitchenware, TVs, BBQs, and more with a full-price offer. Embrace the excellent Tucson climate and the tranquil rural setting of the Tanque Verde Valley, where open spaces and natural beauty converge to create an unparalleled living experience.
Whether you seek a peaceful retreat for yourself and family or an excellent investment in the thriving Tucson rental market, this property offers the perfect blend of charm, comfort, and income potential in one of Arizona's most sought-after locations.

Property Facts

Price $1,250,000
Price Per Unit $312,500
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 6.67 AC
Building Size 3,156 SF
No. Stories 1
Year Built 1947

Site Amenities

  • Pool

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 1 - -
1+1 3 - -

zoning

Zoning Code SFR (Mixed Use Residential)
SFR (Mixed Use Residential)
  • Listing ID: 32893367

  • Date on Market: 8/20/2024

  • Last Updated:

  • Address: 1401 N Camino Cordon Rd, Tucson, AZ 85748

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