Tucson Apartment Loans
Find the apartment financing information you need and apply for apartment loans of your choosing in Tucson, Arizona
Tucson: In the Spotlight
Tucson, Arizona is located 113 miles from the state capital of Phoenix and is part of the Tucson metropolitan statistical area. The population of Tucson is just over 554,000, making it the 2nd most populous city in the State. It also covers around 226 square miles of land. Tucson is a marvel of nature tourism, and home to over 120 parks and 5 public golf courses.
- The unemployment rate is higher than usual, around 6.7%.
- The median household income is $43,425.
- The median age in Tucson is 33 years old
- Tucson employs over 470,000 residents
Tucson Apartment Loan and Multifamily Property Facts
Tucson is part of the Arizona market, which has seen some growth after recovering from 2020. Although unemployment is still high and people are still uncertain, the multifamily market is starting to pick up steam. Vacancy rates and new deals are helping spur the market.
- Tucson has a moderate vacancy of around 6.5% across all rental properties
- There has been a marginal rent increase, to $905 per month
- The homeownership rate is roughly 50%, which leaves around 50% of residents looking for rental properties.
Although 2020 was a difficult time in Tucson, just as it was everywhere, the city is on the rebound and the market is looking good. With new developments and promising sales on the record, now is a good time to consider an apartment loan in the city.
Tucson Apartment Loan and Lending Options
In Tucson, Arizona there are several different ways that you can finance your new apartment investment. We work with opportunities like:
- Conventional apartment loans
- Fannie Mae apartment financing
- Freddie Mac apartment financing
- FHA/HUD financing
- Mezzanine financing
- CMBS loans
- Bridge loans
- Apartment construction loans
- And more!
Finance Your Tucson Apartment Building Now
At Apartment.loans, we can help with all kinds of loans for apartments and commercial real estate in the city of Tucson, AZ. We work with value-add opportunities, ground-up developments, stabilized properties, and more. We know what it takes to get financed and find the best rates and we can help you get what you need.
The market in Tucson is growing by the day and we can help you find the financing that you need before the competition gets too fierce. Whether you are financing your first deal or just looking for your next one, we’ve got you covered.
When you’re ready to talk more or get started on your investment, contact our Tucson Apartment Lending Specialists today at hello@apartment.loans or by calling (800) 567-9631.