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320 E Mohave Rd

320 E Mohave Rd

https://www.josephbernard.net/320-e-mohave-rd
Address:
320 E Mohave Rd, Tucson, Arizona 85705
Price:
$295,000
Units:
5
Price per unit:
$59,000
Cap Rate:
6.37%
Year Built:
1973

Highlights

  • Zoned for additional units
  • Stabilized investment with room for increased rents
  • Conveniently located 3 miles from University
  • Low vacancy
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320 E Mohave Rd

Summary

Seller will carry, with a quick close. The Mohave Road Apartments is located in the transforming Amphi neighborhood of Tucson. Just 3 miles north of The University of Arizona. A new owner benefits from a large lot, zoned R-3, additional units can be built on the property. The property features one large 4 bedroom/ 2 bath unit, one large 3 bedroom/ 2 bath unit, and three 1 bedroom units. Value add opportunity with the addition of more units to the land and through rental increases.

Highlights

  • Zoned for additional units
  • Stabilized investment with room for increased rents
  • Conveniently located 3 miles from University
  • Low vacancy

320 E Mohave Rd

E Mohave Rd/N Fontana Ave

320 E Mohave Rd

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320 E Mohave Rd

Document Title Document Type
Property Flyer Adobe PDF

320 E Mohave Rd

Joseph Bernard, LLC
5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax