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Escondido Group Home 5837 Escondido Ln

4 Unit Apartment Building $1,040,000 ($260,000/Unit) 5.56% Cap Rate Tucson, AZ 85704

Executive Summary

Investment Opportunity: New Construction in Northwest Tucson - builder to suit 2025
Discover a unique investment opportunity in the heart of Northwest Tucson, where modern living meets serene desert landscapes. This newly constructed property offers:
Low Maintenance Living: Built with contemporary materials and designs, this property minimizes upkeep, allowing you to focus on your investment returns.
Prime Location: Strategically situated in a sought-after area, enjoy easy access to trendy restaurants, Northwest Hospital, and major freeways, making it ideal for both residents and tenants.
Breathtaking Views: Nestled in a secluded spot overlooking the valley, experience stunning vistas of the Tucson Mountains and mesmerizing sunsets, creating a tranquil living environment.
Spacious Lot: The generous 2-acre site provides ample room for gardens, RV hookups, and maintaining the beautiful desert landscape, appealing to a diverse range of buyers.
Attract High-Quality Clients: The combination of low maintenance, a desirable location, and beautiful surroundings will attract top-tier clients looking for a premier living experience.
Don’t miss out on this exceptional opportunity to invest in a property that combines modern comforts with the natural beauty of Tucson. Contact us today for more information and to schedule a viewing!

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,040,000
Price Per Unit $260,000
Sale Type Investment
Cap Rate 5.56%
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Garden
Building Class B
Lot Size 2.00 AC
Construction Status Proposed
Building Size 3,600 SF
No. Stories 1
Year Built 2026
Parking Ratio 2.22/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 2 $1,795 1,200
1+1 2 $1,295 629

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 102-17-177G
  • 102-17-177F
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$23,980
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024

zoning

Zoning Code GR (GR Pima County)
GR (GR Pima County)
  • Listing ID: 33251780

  • Date on Market: 9/20/2024

  • Last Updated:

  • Address: 5837 Escondido Ln, Tucson, AZ 85704

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