Quaint mid century burnt adobe apartment building just blocks from downtown and the UA. With stained glass skylights at the entries, mature landscaping, and a newly remodeled court yard with laundry and picnic area, the property exudes historical character and charm. Ideal location attracts both students and downtown renters. Rents are still low with lots of room to go up market with ever increasing demand for apartments near downtown and the UA. Many units have been updated over the years. New wood grain vinyl and new carpeting in every turn in the last 2 years, have recently updated several of the kitchens with brand new cabinetry and appliances. Stable and almost always fully rented, this is an excellent cash flow property as is, but also presents great value add potential.

Quaint mid century burnt adobe apartment building just blocks from downtown and the UA. With stained glass skylights at the entries, mature landscaping, and a newly remodeled court yard with laundry and picnic area, the property exudes historical character and charm. Ideal location attracts both students and downtown renters. Rents are still low with lots of room to go up market with ever increasing demand for apartments near downtown and the UA. Many units have been updated over the years. New wood grain vinyl and new carpeting in every turn in the last 2 years, have recently updated several of the kitchens with brand new cabinetry and appliances. Stable and almost always fully rented, this is an excellent cash flow property as is, but also presents great value add potential.