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Palo Verde Terrace Apartments

Palo Verde Terrace Apartments

https://www.josephbernard.net/palo-verde-terrace-apartments-
Address:
3493 E Lind Rd, Tucson, Arizona 85716
Price:
$3,600,000
Units:
52
Price per unit:
$69,231
Cap Rate:
5.05%
Year Built:
1982

Highlights

  • Newly painted
  • Mix of junior suites, 1 and 2 bedroom units
  • Low-income housing property (LURA)
  • Upside with rents
  • Covered parking
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Palo Verde Terrace Apartments

Summary

Palo Verde Terrace Apartments, located in north central Tucson, Arizona, with high upside potential. A mix of junior suites and one and two bedroom apartments, providing a wide variety of units. The property consists of five total buildings, three buildings for apartments, one separate laundry facility, and one separate storage/maintenance building. Large parking area with both covered and uncovered parking for tenants.

Highlights

  • Newly painted
  • Mix of junior suites, 1 and 2 bedroom units
  • Low-income housing property (LURA)
  • Upside with rents
  • Covered parking
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Palo Verde Terrace Apartments

E Lind Rd/N Palo Verde Ave

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Palo Verde Terrace Apartments

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Palo Verde Terrace Apartments

Joseph Bernard, LLC
5200 S Macadam Avenue
Suite 300
Portland, Oregon 97239
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax