The Excellence of living in Wrapche

1412-1414 N 1st Avenue

Tucson, AZ 85719

MLS#: 22604054

$1,600,000

Status: Active
Listing number: 22604054
Listing provided by: ABI Multifamily, LLC
Listing agent phone: None
Last update: a month ago
On site: 3 months ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1948

Sq.Footage

5,000

Steel Village is a 17-bed, 9-bath shared student housing property located in Central Tucson within the University Homes Addition, approximately one mile from the University of Arizona. The property is operated under a master lease with an in-place lease through July 2027, providing near-term income stability. Originally constructed in 1948, the property was substantially rebuilt and repurposed in 2012 with new electrical, plumbing, and interior systems. In 2019, the owner completed significant capital improvements, including interior upgrades and enhanced outdoor common areas with a cocktail pool and gathering spaces. On-site laundry included. Ideal for an investor seeking simplified operations and predictable income. Originally constructed in 1948, the property was substantially rebuilt and repurposed in 2012 with new electrical, plumbing, and interior systems. In 2019, the owner completed significant capital improvements, including interior upgrades and enhanced outdoor common areas with a cocktail pool and gathering spaces. On-site laundry included. Well-suited for fraternity, student organization, or group housing use, as well as investors seeking a simplified, master-leased asset. Also marketed under a separate MLS listing (MLS #22608063).

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Zoned

  • Heating YN

    YES

  • Heating

    Zoned, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.19

  • Lot Size(square feet)

    196.42

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $1,600,000

  • Tax Amount

    $6,296.41

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

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Location

County

Pima

Elementary School

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High School

Listing Courtesy of Desiree Juul Palmer , ABI Multifamily, LLC

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Agent Franko Maric

AGENT

Franko Maric

Call Franko today to schedule a private showing.

(341) 209-1143

franko+wrapche@init.hr


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Steel Village is a 17-bed, 9-bath shared student housing property located in Central Tucson within the University Homes Addition, approximately one mile from the University of Arizona. The property is operated under a master lease with an in-place lease through July 2027, providing near-term income stability. Originally constructed in 1948, the property was substantially rebuilt and repurposed in 2012 with new electrical, plumbing, and interior systems. In 2019, the owner completed significant capital improvements, including interior upgrades and enhanced outdoor common areas with a cocktail pool and gathering spaces. On-site laundry included. Ideal for an investor seeking simplified operations and predictable income. Originally constructed in 1948, the property was substantially rebuilt and repurposed in 2012 with new electrical, plumbing, and interior systems. In 2019, the owner completed significant capital improvements, including interior upgrades and enhanced outdoor common areas with a cocktail pool and gathering spaces. On-site laundry included. Well-suited for fraternity, student organization, or group housing use, as well as investors seeking a simplified, master-leased asset. Also marketed under a separate MLS listing (MLS #22608063).

1412-1414 N 1st Avenue

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