$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
Street #: 1316
Direction: N
Street Name: Catalina
Suffix: Avenue
State/Province: AZ
Zip Code: 85712
County: Pima
Country: USA
Location Tax Legal
Tax Code: 122-12-076A
Area: Central
Subdivision: Speedway Addition
Contract Information
Current Price: $1,000,000
Sold Price: $1,000,000
Listing Date: 2011-12-02
Status: Closed
Distressed Info: None
Status Change Info
Off Market Date: 2012-09-15
Pending Date: 2012-10-26
Sold Date: 2012-10-26
Sold Price: $1,000,000
Sold Price/SqFt: 37.67
Lot Sz Sold Prc/SqFt: 10.43
How Sold: Conventional
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
Combined SqFt: 26545
Year Built: 1977
List Price/SqFt: 43.32
Lot Size Price/SqFt: 12
Remarks Misc
Geo Lat: 32.239362
Geo Lon: -110.89833
Showing Information
Directions: Speedway/Swan; North to Fairmount, West to address.
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
Analysis
Cap Rate %: 10.9
Gross Rent Multi: 4.71
Vacancy Rate %: 5
Exp/SqFt: 4.67
Exp % of Gross: 48.64
Income
Gross Scheduled Rent: 262800
Vacancy Loss: 13140
Other Income: 5100
Adjusted Gross: 254760
Total Expenses: 123905
Net Opp Income: 130855
Expenses
Admin Expenses: 14500
Capital Expenses: 5000
Contract Services: 6600
Gas/Electric: 6000
Insurance: 9000
Maintenance Supplies: 1200
Management: 15800
Resident Manager: 18200
Taxes/Assessments: 17905
Water/Sewer: 17000
Other Expenses: 12700
Figures Presented: Actual
Miscellaneous
Master Water Meter: Yes
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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