Multifamily Apartment
For Sale
Contact for pricing
427-441 E Delano St, Tucson, AZ 85705
Nine-unit apartment building with eight 1-bedroom units and one 4-bedroom unit, currently 100% occupied.
Property SizeContact for details
Days on Market123
Property Features for 427-441 E Delano St
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Additional Details
Cap Rate
7.59%
Utilities to Site
Yes
Multifamily Units
9
Listing Agency:
KW Commercial Stratton Group
Listed By:
Pete Peterson · License #AZ BR546838000
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 20 at 5:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Stratton Group
Investment Insights
Based on property information with market context.
This multifamily apartment building contains 9 units, including eight 1 bed / 1 bath apartments and one 4 bed / 2 bath unit. The property is currently 100% occupied.
Located on E Delano St in the Flowing Wells/West submarket of Tucson, Arizona, the building is served by all city services. Utilities are included in the rent.
In 2017, the property reported approximately $34,800 of Net Operating Income. The data provided also references a prospective pro forma cap rate of 7.59%.
Located on E Delano St in the Flowing Wells/West submarket of Tucson, Arizona, the building is served by all city services. Utilities are included in the rent.
In 2017, the property reported approximately $34,800 of Net Operating Income. The data provided also references a prospective pro forma cap rate of 7.59%.
Key Highlights
- 9‑unit apartment building on E Delano St: eight 1BD/1BA units and one 4BD/2BA unit
- Currently 100% occupied
- Brought in approximately $34,800 Net Operating Income in 2017
Property Analytics
Current Use
Lease Details
9
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
961
Businesses Nearby
Explore this area
Business Placement
Demographics for 85705, AZ
56,711
Population
29,145
Households
1.9
Avg Household Size
36
Median Age
20%
College-Educated
80%
High-School Grad
13.6 sq mi
ZIP Area
4,170
Density / Sq Mi
$36,606
Median Household Income
$27,220
Median Earnings
$924
Median Rent
$113,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Nine-unit apartment building with eight 1-bedroom units and one 4-bedroom unit, currently 100% occupied.
Where is this apartment building located?
The property is located at 427-441 E Delano St Tucson, AZ.
What are key features of this property?
This property features: 9‑unit apartment building on E Delano St: eight 1BD/1BA units and one 4BD/2BA unit; Currently 100% occupied; Brought in approximately $34,800 Net Operating Income in 2017
