201 E Olive St, Tucson, AZ 85706

Olive Street Apartments is composed of 16 units located on .40 of an acre; consisting of 1-Studios, 11-1BD/1BA,& 4-2BD-1BA. The original complex was built in 1981 and has 100% occupancy. This building is master metered for all utilities with the landlord paying for electric, water, for the community laundry room. Tenant pays sewer, trash, electricity that is separately metered, & water on a RUBS Program (Ratio Utility Billing) which increases the net operating income. The on-site laundry facility includes an onsite coin system and provides 24/hr laundry access with keyed entry for tenants. This provides another opportunity to increase net operating income.