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Listed by Realty Executives Arizona Territory • Casey Tyler Hogan
$ 850,000
Est. payment /mo
New
1620 N Wilmot Rd Tucson, AZ 85712
8,234 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,234 sqft
Price per Sqft $103
MLS Listing ID 22626373
Year Built 1977
Annual Tax Amount $5,581
Tax Year 2025
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions Irregular
Source MLS of Southern Arizona
Property Description
10-UNIT INVESTMENT OPPORTUNITY AT THE MONACO CONDOMINIUMS! An exceptional opportunity to acquire a turnkey portfolio of 10 well cared for condos in Tucson's established Monaco community. This diverse package includes (4) 1BD/1BA condos, (2) 1BD/1BA townhomes, (2) 2BD/1.5BA condos & (2) 2BD/2BA condos. Residents enjoy community amenities including a pool, on-site laundry & covered parking. Tenants pay all utilities, while the owner covers monthly HOA dues. With renovations already completed, this portfolio offers immediate investment appeal and significant value-add potential through rental increases and operational improvements to maximize NOI. A great chance to acquire 10 units in one transaction!
Location
State AZ
County Pima
Area Northeast
Zoning Tucson - 03
Interior
Heating Forced Air
Cooling Central Air
Exterior
Parking Features Parking Structure
Fence Block
Utilities Available Sewer Connected
View Y/N No
Water Access Desc Public
Roof Type Built-Up
Building
Lot Description Subdivided
Others
Tax ID 133-16-4390
Acceptable Financing Owner Will Carry, Cash
Listing Terms Owner Will Carry, Cash
Special Listing Condition None
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