2145 N Country Club Rd

Country Club Apartments is a compelling value-add investment opportunity featuring (5) 1-bedroom, 1-bathroom units. Situated in the heart of Central Tucson, the property is just minutes from shopping centers and the University of Arizona, making it an ideal location for long-term rent growth. With clear value-add potential, this property offers significant upside through targeted interior and exterior renovations and strategic leasing efforts.
The units are considered open layouts with tile flooring throughout, while one unit that features carpet. One unit has already been upgraded with modern finishes, offering a glimpse of the property's potential post-renovation along with higher rent. This presents an excellent opportunity for investors to implement tenant-friendly upgrades across all units. The property is complemented by a well-maintained walkway and a shared patio space for residents to enjoy. The low-maintenance landscaping ensures minimal upkeep costs, adding to the property's appeal.
Currently, units are rented below market rate, creating a strong value-add opportunity for investors to raise rents as leases expire. The property's proximity to the Campbell Shopping Plaza and its location within 5 miles of the University of Arizona make it well-suited for a variety of tenant markets, including off-campus housing. By completing considerable renovations and repositioning the property, investors can justify higher rental rates, aligning with market demand. Current rents are below market, providing a clear path to increased cash flow and a more robust return on investment.