La Madera Casitas 3001 E La Madera Dr Immeuble residentiel 8 lots 822 035 € (102 754 €/Lot) Taux de capitalisation 7,05 % Tucson, AZ 85716

La Madera Casitas offers investors a unique, value-add opportunity in one of central Tucson’s most charming residential pockets. Tucked away in a quiet neighborhood, this boutique eight-unit community consists of individually metered, stand-alone casitas—providing residents with the feel of a private community living in a quiet, low-density setting. With a mix of (5) 1BD/1BA and (3) 2BD/1BA units, the property caters to a broad range of tenant demand and holds a strong occupancy history.
The interiors of La Madera Casitas offer excellent renovation potential and the kind of layout that supports long-term tenant retention. The casitas feature charming interiors with spacious living rooms and a separate kitchen area. Most units feature washer/dryer hook-ups, and all units have recently installed efficient zone heating and cooling systems and private backyards/patios. The units are in varying levels of finishes and style, but they all have a unique charm which invites renovations to attract premium market rents. All units are individually metered, with tenants responsible for all utilities, supporting a low over head operating model for new ownership.
The exterior grounds highlight the peaceful, residential feel of the property while offering functional community amenities. Residents enjoy a sparkling swimming pool surrounded by lush desert landscaping and private carports. The layout of the casitas, paired with mature greenery and quiet surroundings, creates a secluded, community-oriented atmosphere. With minimal landscape maintenance, pride of long-term ownership, and strong physical bones, La Madera Casitas offers a stabilized foundation for targeted improvements that can drive future performance and bolster NOI.
La Madera Casitas benefits from immediate access to key lifestyle and employment amenities. The property is located just minutes from Campbell Plaza, which offers grocery, dining, and daily retail stores, as well as new World Fitness Gym. Its proximity to the University of Arizona and Downtown Tucson positions the asset within reach of two of the city's strongest demand drivers, supporting both stable tenancy and long-term rental growth.