Investment Real Estate - Tucson, Arizona - Property Detail

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Bermuda Park Apartments

https://www.josephbernard.net/bermuda-park-apartments

Address:: 3443 E Bermuda St, Tucson, Arizona 85716

Price:: $1,010,000

Units:: 24

Price per unit:: $42,083

Cap Rate:: 6.39%

Year Built:: 1963

Highlights

Value add opportunity
Great neighborhood mostly surrounded by single family homes
Huge lot allowing for additional units in future

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Bermuda Park Apartments

Summary

Bermuda Park Apartments is located in a quiet, residential neighborhood. Conveniently located in Central Tucson, this property is close to businesses, hospitals and University of Arizona. Large one and two bedroom units allow for rents to be raised and provide buyer with additional cash flow. Great value add opportunity.