1401 N Camino Cordon Rd - Apartments FOR SALE


Tucson, AZ 85748- Outer East Side
$1,250,000 USD
800-966-6690
1401 N Camino Cordon Rd, Tucson, AZ for Sale
$1,250,000 USD
Apartments - FOR SALE
1/26
null | Request Cap Rate

1401 N Camino Cordon Rd
Tucson, AZ 85748
Outer East Side


OVERVIEW

Discover a rare opportunity in NE Tucson's coveted Tanque Verde Valley with this captivating property, nestled on a sprawling 6.675-acre parcel enveloped by a mature mesquite bosque & offering stunning mountain views. This meticulously maintained estate features 4 charming masonry casitas, each with its own distinctive character, adding to the overall allure & appeal of the property. The largest is a spacious 2-BR, 2-BA casita, perfect for comfortable living. Accompanying this main residence are 3 additional casitas, each offering 1-BR & 1-BA. This layout provides versatile options: live in the larger unit & have room for extended family & guests or rent out the three for supplemental income or lease all four casitas for a profitable investment opportunity. The property boasts a long successful rental history. Privately gated with easy access from a paved road, it offers convenience and security. Nearby amenities include renowned restaurants, golf courses, hiking trails, the Tanque Verde Guest Ranch, Saguaro National Park, Coronado National Forest, shopping and medical facilities, enhancing its appeal as both a residence and a rental property. The land also offers other spectacular homesite locations if the new owner would like to choose one to build a larger residence. Enjoy the serene outdoor setting from the centerpiece of the property, a sparkling spool (a combination of a spa and a pool) perfect for relaxation amidst the natural beauty of the massive mesquites. A private, separate laundry building ensures convenience and efficiency for both residents and guests. The property's turnkey option adds exceptional value, as it includes all furnishings, linens, kitchenware, TVs, BBQs, and more with a full-price offer. Embrace the excellent Tucson climate and the tranquil rural setting of the Tanque Verde Valley, where open spaces and natural beauty converge to create an unparalleled living experience. Whether you seek a peaceful retreat for yourself and family or an excellent investment in the thriving Tucson rental market, this property offers the perfect blend of charm, comfort, and income potential in one of Arizona's most sought-after locations.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$396 USD /SF

# OF UNITS

4

PRICE/UNIT

$312,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Casitas at Cordon North

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.67 AC

LAND SF

290,545 SF

ZONING

SFR

APN/PARCEL ID

205-51-005A

ASK ABOUT THIS PROPERTY

Marty RyanFirst United Realty - PhoenixMore Info
800-966-6690

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Marty RyanFirst United Realty - PhoenixMore Info
800-966-6690

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.