Student Housing near the University of Arizona

October 24, 2007 | By Kelley Koehler | Filed Under Home Buying

go arizona wildcats! I’m working with a guy who has a son attending the University of Arizona. Instead of renting student housing near campus, he’d like to buy a place for his son to live as he completes his education at the U of A.

Here’s some different things to consider:

How long will your child occupy the house and what will you do with it once your kid is out of college? Will you sell it? Rent it?
Will your kid have roommates? Will you be in charge of writing leases and finding tenants? Are you prepared to evict your kid’s friends if they don’t pay rent?
Who will perform any routine maitenance on the place? If you need to hire a yard service, pest control, or handyman, you’ll want to make sure you budget for that.

My client and I are looking at condos, specifically, those within about 5 miles of the University of Arizona. There are several condo conversion projects going on in Central Tucson that might work.

Closest to the University – right across the street, in fact – is the Campus Walk condos. Pricing for their 2 bed, 2 bath units is in the mid $200s now. I believe that project is getting pretty close to completion.

Then there’s Casa Club Condos, over off of Campbell and Blacklidge, about 1.5 miles from the University. They’ve got some small 1 bed, 1 bath units starting around $90k, and head upwards from there.

One a little further away, but in a nice little spot off of Columbus and Glenn, is Columbus Park Condos. I like these because they aren’t apartment style, they’re one story, side-by-side condos with nice little yards. They’ve got 2 bed, 1 bath units for $124k right now, completely remodeled, new appliances, A/C, some nice finishes. These would be a pretty quick bus or bike ride down the Glenn and Mountain paths, about 5 miles away from the University.

One last condo conversion that I like is the Winterhaven East Condos, off of Country Club and Ft. Lowell Roads, about 3 miles from the University of Arizona. This is a smaller community, so it has a nice feel, I think. They have 2 bed, 2 bath units for $134,500 right now, nicely remodeled.

Need to find something for your student? Gimme a call, we’ll find something.

tags: condo, student housing, university of arizona, tucson real estate

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