OFF MARKET
1022 N Palo Verde Blvd
Tucson, AZ 85716
Miramonte- Studio
- 3,400 sqft (on 0.30 acres)
- Studio
- 3,400 sqft (on 0.30 acres)
Studio
3,400 sqft
(on 0.30 acres)
Homes for Sale Near 1022 N Palo Verde Blvd
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- Homesmart Advantage Group, MLS of Southern Arizona
- Better Homes & Gardens Real Estate SJ Fowler, ARMLS
- Tierra Antigua Realty, MLS of Southern Arizona
- Coldwell Banker Realty, MLS of Southern Arizona
- Realty Executives Arizona Terr, MLS of Southern Arizona
- See more homes for sale inTucsonTake a look
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Local Information
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-- mins to
Commute Destination
Description
This property is not currently for sale or for rent on Trulia. The description and property data below may have been provided by a third party, the homeowner or public records.
Great investment OPP in the heart of The Old Pueblo! Palo Verde Apartments consist of 8 units close to The UofA & I-10. 5 of the 8 units have been fully remodeled, w/ new roof, updated plumbing, electrical, new interior & outdoor paint, and more. The renos equate to a $115-$215 increase/mo. in rent for updated units, significantly increasing the potential cash flow of the property. Once all renos have been complete, the property is projected to bring in nearly $55K in potential rental income. Once the property has stabilized under new management, assuming an investor would continue to self-manage, the operating expenses are projected to sit at around 38%, equating to a proforma NOI of ~$34,200. This would bring the proforma cap rate up to 7.86%. Possible Owner Carry. Full OM Available!
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
No Info
Home Details for 1022 N Palo Verde Blvd
Interior Features |
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Heating & Cooling Heating: Forced Air, GasHeating Fuel: Forced Air |
Interior Details Types of Rooms: Dining Room |
Levels, Entrance, & Accessibility Floors: Carpet, Hardwood |
Exterior Features |
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Exterior Home Features Roof: Built Up |
Property Information |
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Year Built Year Built: 1961 |
Property Type / Style Property Type: Multi Family |
Lot Information |
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Lot Area: 0.30 acres |
Price History for 1022 N Palo Verde Blvd
Date | Price | Event | Source |
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07/17/2018 | $435,000 | ListingRemoved | Agent Provided |
07/06/2018 | $435,000 | Listed For Sale | Agent Provided |
Comparable Sales for 1022 N Palo Verde Blvd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
---|---|---|---|---|---|---|---|
0.34 | Multi-Family Home | $345,000 | 02/21/24 | 5 | 3 | 2,187 | |
0.40 | Multi-Family Home | $291,000 | 03/08/24 | 3 | 3 | 1,775 | |
0.61 | Multi-Family Home | $485,000 | 04/07/23 | 4 | 3 | 1,950 | |
0.46 | Multi-Family Home | $350,000 | 02/02/24 | 2 | 2 | 1,422 | |
0.50 | Multi-Family Home | $294,500 | 06/16/23 | 2 | 2 | 1,188 | |
0.53 | Multi-Family Home | $380,000 | 04/03/23 | 2 | 2 | 1,266 | |
0.54 | Multi-Family Home | $365,000 | 07/28/23 | 4 | 4 | 1,736 | |
0.64 | Multi-Family Home | $300,000 | 04/20/23 | 4 | 2 | 1,680 | |
0.86 | Multi-Family Home | $300,000 | 05/18/23 | 4 | 2 | 1,677 | |
0.95 | Multi-Family Home | $475,000 | 12/22/23 | 4 | 4 | 1,950 |
Assigned Schools
These are the assigned schools for 1022 N Palo Verde Blvd.
- Howell Peter Elementary School
- PK-5
- Public
- 248 Students
3/10GreatSchools RatingParent Rating AveragePeter Howell has the best teachers and principal ever! I got custody of my great granddaughter last year who had hardly attended school. She is in the first grade. The staff at Peter Howell has worked with her so diligently to catch her up in reading.Parent Review9y ago - Mansfeld Middle School
- 6-8
- Public
- 919 Students
4/10GreatSchools RatingParent Rating AverageThis school is poorly run by an inept principal/administration, kids are allowed to run wild and fight like animals. Mansfeld is social experiment gone horribly wrong.Parent Review4y ago - Miles-Exploratory Learning Center
- PK-8
- Public
- 305 Students
N/AGreatSchools RatingParent Rating AverageSadly, this school put my child with special needs in danger and then completely abandoned her. This was our home district and we were happy to get my children into what we thought was a kind and inclusive school community. The problem at Miles wasn't the teachers, they are caring and creative, the problem is poor resources and ineffective and inflexible administration. The district will try to get out of paying anything they can for students with special needs. I had a letter documenting my child's need for an aide from her developmental pediatrician and they had the data from the school showing she clearly needed 1:1 support but they still would not provide it due to the cost. When my 5 year old got away from her teacher who was in charge of a whole kindergarten class and ran into a busy street they finally recognized that she needed some aide support. That was several months into the year when she had already been endangered by their reckless policies. Then when school went to online only in March 2020 and my 6 year old child with special needs could not learn that way, admin just gave up and refused to educate her. They would not bring her in for tutoring or any services, nothing, even though her special ed teacher recognized that she could not learn online and wanted to teach her in person and felt she could do it safely, admin refused and completely abandoned her. The school has remained shuttered for an entire year now, 12 months, to students who desperately needed in person education, what a travesty, I feel terribly for any students stuck in TUSD who needed in person education and have list out on so much. I am so incredibly thankful we got our kids into CFSD, they are doing an excellent job educating all children safely even during a challenging year and are a much more welcoming and inclusive community!Parent Review3y ago - Tucson Magnet High School
- 8-12
- Public
- 3216 Students
7/10GreatSchools RatingParent Rating AveragePeople may view this school as a bad school but it’s actually one of bests high schools in the district with rich history to this day , yes people may complain and may say it’s the worst school and put a bad name for it but I’m sorry to say this school is not gonna be the best for everyone entirely but it offers ranges of different studies classes and is known for the massive fine arts and best sciences in the district, the community of people here is really rich in diversity and people get along really well yes there’s been some incidents where people didn’t quite get along but keep in mind bad apples we everywhere not just here and this is a school of nearly 4000 students , if your quite extroverted and can be on task with the assignments then this school is just right for you , if you are quiet and a bit of a slow learner and don’t ask for help or take opportunities when given to you then this school probably is not the best fit for you , But In all means Tucson high Magnet School is family and I’ve grown really attached to the community here I love it so much . -junior class student.Student Review6mo ago - University High School
- 8-12
- Public
- 1222 Students
10/10GreatSchools RatingParent Rating AverageThis school sets you up well for the future with a great counseling department and effective teachers. Yes, there is a hefty workload, but this is communicated to incoming students before they enroll. It has a good environment and a helpful staff. If a student can stick with it and get through their freshman year, I can guarantee they will be successful through their high-school career and beyond.Other Review2y ago - Catalina Online Learning Experience
- 6-12
- Public
- 279 Students
4/10GreatSchools RatingParent Rating AverageThis program helps students who cannot attend classes for a variety of reasons. This helps students attain their education despite difficult circumstances.Teacher Review13y ago - Check out schools near 1022 N Palo Verde Blvd.
Check with the applicable school district prior to making a decision based on these schools. Learn more.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Miramonte
- Leah S.
- Resident
- 4y ago
"There are lots of people walking dogs, many quiet streets west of Richie to walk them, and everyone seems dog friendly."
- David
- Resident
- 5y ago
"Easy <15 min bike ride on safe bike boulevard (3rd street) to University of Arizona, manageable even in hot summer."
- Vanessa I.
- Resident
- 5y ago
"There’s not much sidewalk on 5th but neighborhoods are nice. Dog parks near by. I would rather take my dog to a dog park then walk in this neighborhood "
- Colleencauline
- Resident
- 5y ago
"The extreme range of the prices of all the property inside the neighborhood. It is also very easy to get to anywhere in town fairly quickly from this location."
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Homes for Rent Near 1022 N Palo Verde Blvd
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Off Market Homes Near 1022 N Palo Verde Blvd
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- Gray St. Onge, MLS of Southern Arizona
- Long Realty Company, MLS of Southern Arizona
- Long Realty Company, MLS of Southern Arizona
- Coldwell Banker Realty, MLS of Southern Arizona
- Cordova Realty, MLS of Southern Arizona
- Russ Lyon Sotheby's International Realty, MLS of Southern Arizona
- Tierra Antigua Realty, MLS of Southern Arizona
- Tierra Antigua Realty, MLS of Southern Arizona
- OMNI Homes International, MLS of Southern Arizona
- Alcoverde Realty & Investments, ARMLS
- See more homes for sale inTucsonTake a look
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