$1,000,000
Tucson, AZ 85712
MLS# 21130741
Status: Closed
26545 sqft
1 / 3
Property Description
Nice established complex, Individually metered for electric. All evap coolers. Pool w/laundry room. Single story, 7 separate buildings.
Details
Address Information
Country: USA
Street #: 1316
Direction: N
Street Name: Catalina
Suffix: Avenue
State/Province: AZ
Zip Code: 85712
County: Pima
Location, Tax & Legal
Tax Year: 2010
Taxes: 17904.63
Assessments: 0
Legal Description: Speedway N200' Lot 6 EXC SPDRL & All of Lots 7 & 8 BLK 6
Township: 14
Community: None
Range: 14
Section: 3
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
Tax Code: 122-12-076A
Area: Central
Subdivision: Speedway Addition
Contract Information
Distressed Info: None
Current Price: $1,000,000
Sold Price: $1,000,000
Listing Date: 2011-12-02
Status: Closed
Status Change Info
Off Market Date: 2012-09-15
Sold Price/SqFt: 37.67
Lot Sz Sold Prc/SqFt: 10.43
How Sold: Conventional
Pending Date: 2012-10-26
Sold Date: 2012-10-26
Sold Price: $1,000,000
Showing Information
Directions: Speedway/Swan; North to Fairmount, West to address.
General Property Information
Lot Dimensions: 335 x 300 x 240 x 120 x 1
Lot Acres: 2.2
Lot Sqft: 95832
Lot Size Source: Assessor
List Price/SqFt: 43.32
Lot Size Price/SqFt: 12
Combined SqFt: 26545
Year Built: 1977
Unit Info
# of Units/Studios: 10
Avg Mo Rent/Studios: 350
# of Units/1 BR: 34
Avg Mo Rent/1 BR: 400
# of Units/2 BR: 10
Avg Mo Rent/2 BR: 480
Avg Mo Rent/3 BR: 0
Avg Mo Rent/Other: 0
Income
Vacancy Loss: 13140
Other Income: 5100
Adjusted Gross: 254760
Total Expenses: 123905
Gross Scheduled Rent: 262800
Net Opp Income: 130855
Analysis
Gross Rent Multi: 4.71
Vacancy Rate %: 5
Exp/SqFt: 4.67
Exp % of Gross: 48.64
Cap Rate %: 10.9
Construction
Frame: 1
Expenses
Admin Expenses: 14500
Capital Expenses: 5000
Contract Services: 6600
Figures Presented: Actual
Gas/Electric: 6000
Insurance: 9000
Maintenance Supplies: 1200
Management: 15800
Resident Manager: 18200
Taxes/Assessments: 17905
Water/Sewer: 17000
Other Expenses: 12700
Sewer
Connected: 1
Water
Public: 1
Main Heating
Baseboard: 1
Terms
Cash: 1
Conventional: 1
Security
None: 1
Miscellaneous
Master Water Meter: Yes
Remarks Misc
Geo Lat: 32.239362
Geo Lon: -110.89833
Property Features
Construction: Frame
Main Heating: Baseboard
Sewer: Connected
Water: Public
Security: None
Terms: Cash; Conventional
Listing Office: Keller Williams Southern Arizona
Last Updated: December - 06 - 2024
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