TUCSON, AZ (June 16, 2024) - Historic, eclectic, and self-proclaimed as “the middle of everywhere,” Rincon Heights is deemed one of Tucson’s most architecturally diverse neighborhoods. The River Loft Bungalows, two properties next to each other at 227-239 N Warren Ave and 1663-1665 E 9th Street, recently sold for $1.5 million ($147,500 per unit).
The ten units in seven buildings are ready-to-move-in loft bungalows freshly renovated, and only two blocks, and less than a five-minute walk to the University of Arizona and less than a five-minute drive to Downtown Tucson!
The renovations feature showers, bathrooms, and kitchens. It is centrally located in Tucson for hiking, and it includes all the main areas for work. Units feature free parking, on-site washer and dryer, and high-speed internet.
The area appeals to history buffs, students, artists, and all others who desire what comes with living near everything. Rincon Heights is centrally located and encompasses five historic subdivisions with over 400 properties contributing to its unique character, including single-family homes, duplexes, and multi-family condo complexes.
The investor was The River Bungalow of Historic Rincon Heights, LLC, a Circle Stone Capital affiliate; the seller was Tucson Warren, LLC, a California investor in Venice, CA.