University property in Tucson has traditionally been very popular for investors and parents of students attending the University of Arizona. Benefiting from the proximity to campus and the ready supply of renters and buyers, the value of these properties has held up better than the overall real estate market the past few years - see this article.
This area in the Tucson real estate market is one that I enjoy concentrating on, not only because of the business, but the vitality of the people and the variety of styles, architecture and property types near the University. Recently, I represented a couple who purchased a condo for their daughter to live in. Just a few weeks later, they decided to invest in another condo to use as an investment property in the same complex.
Getting a testimonial from a client is a wonderful thing, but when they take the time to make a video, it is extra-special!
Investing in real estate may be better now than in decades - because of the combination of prices tumbling from artificial highs a few years ago & record-low interest rates. Some university properties are bargains while others are not - having an experienced REALTOR® who knows the area well can make a difference in getting good value for your dollar or finding a "bargain" that turns into a money-pit.
Below are current properties for sale in areas that are popular with University of Arizona students. The list on the left contains Residential Income properties, the list on the right are single family homes, townhomes and condos for sale. Click on either list to see more detail - no, you don't have to register or sign up for anything. If something interests you, please feel free to contact me.