$1,150,000
Tucson, AZ 85719
MLS# 21524027
Status: Closed
5000 sqft
1 / 21
Property Description
Unique Student rental opportunity within 4 blocks of the University of Arizona. Completely remodeled building (2012) that includes 5 HD TV`s in modern warehouse style layout with backyard patio! 17 Bedrooms, 9 bathrooms, built in booths, huge breakfast bar area, large covered porch and walled in back yard. LEASED THROUGH JULY 2016! House was designed to accommodate large group of students wanting to live together. All tile, Zoned AC, corian counters in kitchen, cultured marbled wayne's coated bathrooms. Actual numbers from 2014. Management can be retained. Packet available upon request. One of the Selling Members of the LLC is licensed to sale real estate in Arizona.
Details
Address Information
Street #: 1414
Direction: N
Street Name: 1st
Suffix: Avenue
State/Province: AZ
Zip Code: 85719
County: Pima
Country: USA
Location Tax Legal
Tax Code: 123-15-1110
Area: Central
Subdivision: University Home Addition
Contract Information
Current Price: $1,150,000
Sold Price: $1,150,000
Listing Date: 2015-08-31
Status: Closed
Distressed Info: None
Status Change Info
Off Market Date: 2015-11-02
Pending Date: 2015-12-07
Sold Date: 2015-12-09
Sold Price: $1,150,000
Sold Price/SqFt: 230
Lot Sz Sold Prc/SqFt: 141.36
How Sold: Conventional
General Property Information
Lot Dimensions: 81 x 100.4
Lot Acres: 0.19
Lot Sqft: 8135
Lot Size Source: Assessor
Combined SqFt: 5000
Year Built: 1948
List Price/SqFt: 240
Lot Size Price/SqFt: 147.51
Remarks Misc
Geo Lat: 32.239921
Geo Lon: -110.960768
Showing Information
Directions: From Speedway and Euclid. North on Euclid. West (L)onto Drachman. North (R) onto 1st, to second property on East (R) side of street. Look for Wrought Iron Canopy and you are in the right spot!
Unit Info
# of Units/Other: 1
Avg Mo Rent/Other: 14450
Analysis
Cap Rate %: 9.37
Gross Rent Multi: 6.63
Exp/SqFt: 13.13
Exp % of Gross: 37.87
Income
Gross Scheduled Rent: 173400
Adjusted Gross: 173400
Total Expenses: 65668
Net Opp Income: 107732
Expenses
Admin Expenses: 492
Contract Services: 6000
Gas/Electric: 20400
Insurance: 4296
Maintenance Supplies: 11754
Management: 17340
Taxes/Assessments: 4681
Other Expenses: 705
Figures Presented: Actual
Interior Features
Interior Steps: Yes
Miscellaneous
Master Elec Meter: Yes
Master Water Meter: Yes
Package Available: Yes
Property Features
Main Cooling: Zoned
Main Heating: Electric; Zoned
Sewer: Connected
Water: Public
Security: Alarm Installed
Terms: Cash; Conventional
Property Disclosures: Unknown
Listing Office: Tucson Integrity Realty, LLC
Last Updated: December - 08 - 2024
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