$1,360,600
Tucson, AZ 85711
MLS# 9602405
Status: Closed
28471 sqft
1 / 1
Property Description
Cash,Nconv,Submit. 70 Suites Hotel,Central,Near Dm-afb.Well Maint.9.8%cap,W/Upside Potential.56% Occ Rate/'95.Htd Pool. N.I.C.=all Furnishings In Suite 137+4 Paintin Gs In Lobby+coin Op.Laundry Mach's.Owner Is Lic. R.E.Agt In Az.
Details
Address Information
Street #: 1440
Direction: S
Street Name: Craycroft
Suffix: Road
State/Province: AZ
Zip Code: 85711
County: Pima
Country: USA
Location Tax Legal
Tax Code: 131-01-014H
Area: Central
Contract Information
Current Price: $1,360,600
Sold Price: $1,360,600
Listing Date: 1996-02-07
Status: Closed
Status Change Info
Off Market Date: 1996-07-03
Pending Date: 1996-04-11
Sold Date: 1996-07-03
Sold Price: $1,360,600
Sold Price/SqFt: 47.78
Financing: Cash
General Property Information
# Units: 70
Year Built: 1982
Lot Dimensions: 373X175X373X175
Combined SqFt: 28471
Source of SqFt: Assessor
List Price/SqFt: 52.25
Remarks Misc
Geo Lat: 32.203182
Geo Lon: -110.875616
Showing Information
Directions: S-craycroft Frm 22nd St
Income
Gross Scheduled Rent: 749150
Other Income: 23211
Adjusted Gross: 772361
Total Expenses: 193382
Net Opp Income: 578979
Analysis
Cap Rate %: 38.91
Gross Rent Multi: 1.92
Exp/SqFt: 6.79
Exp % of Gross: 25.03
Expenses
Contract Services: 22063
Gas/Electric: 69305
Insurance: 13722
Maintenance Supplies: 55863
Taxes/Assessments: 32429
Property Features
A.D.A. Compliant: No
Phase 1 Report: No
Electric
3 Phase Power: No
Master Meter: No
Property Features
Construction: Frame - Stucco
Main Heating: Wall Furnace
Sewer: Connected
Water: Public
Terms: Owner Carry; Submit
Listing Office: Coldwell Banker Realty
Last Updated: October - 25 - 2024
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