TREAT CASITAS
FEATURED PROPERTIES
Purchase Price:
$825,000
Unit Count:
8
Location:
Tucson, AZ
Stabilized Cash on Cash Return:
12%
A Q3 2024 Acquisition strategically located in a desirable submarket in Tucson, AZ. The 8 unit apartment complex boasts attractive amenities such as spacious floor plans, large private back yards, and individual laundry rooms.
PROJECTED RETURNS:
The plan is to cosmetically improve the property through interior and exterior renovations such as: Exterior paint & stucco, landscaping, and full interior unit remodels as needed.
The average rent during the acquisition of Treat Casitas was $1,016. As of Q2 of 2025, this business plan has been successfully completed with all units renovated and leased up. The current average rent is $1,320; a 24% increase in gross rents since acquisition.
UNLEVERED YIELD ON COST:
7.91%
LEVERED IRR:
19.82%
EQUITY MULTIPLE:
2x+
BUSINESS PLAN
