602 E LESTER Street Tucson, AZ 85705

Five unit well maintained apartment complex located in the north University sub-market. The property is comprised of two buildings with a courtyard on a .4 acre corner lot completely walled with off street parking and covered patios. All units are 2/1 floor plans and include central AC/heat, washer and dryer, plank vinyl and ceramic flooring and fire places in each unit. All tenants are on leases through 7/31/2021. Four or the five tenants are long term with an occupancy of 3-5 years paying under market rents. Similar units in the immediate are are a minimum of $950 per month. Out of state owner manages the property with an onsite tenant/resident manager with a $200 per month rent decrease. numbers shown area based on 2020 expenses and current rent roll. Financials under documents tab.