$1,075,000
Tucson, AZ 85711
MLS# 2601900
Status: Closed
14362 sqft
1 / 1
Property Description
Great apartment priced to sell!!! Property offers court yard setting with pool, security fencing, onsite laundry with six new machines that convey to buyer, large parking lot. Property has been well maintained considering its age. located in a strong rental market, low vacancy. Rents shown are actual and are low for the area, room to raise.
Details
Address Information
Street #: 1503
Direction: S
Street Name: Woodland
Suffix: Avenue
State/Province: AZ
Zip Code: 85711
County: Pima
Country: USA
Location Tax Legal
Tax Code: 131-02-157B
Area: Central
Subdivision: Craycroft Terrace
Contract Information
Current Price: $1,075,000
Sold Price: $1,075,000
Listing Date: 2006-01-12
Status: Closed
Status Change Info
Off Market Date: 2006-05-19
Pending Date: 2006-03-13
Sold Date: 2006-05-19
Sold Price: $1,075,000
Sold Price/SqFt: 74.85
Lot Sz Sold Prc/SqFt: 30.52
How Sold: Cash
General Property Information
Lot Dimensions: 110X310
Lot Acres: 0.81
Lot Sqft: 35218
Lot Size Source: Assessor
Combined SqFt: 14362
Year Built: 1980
List Price/SqFt: 83.55
Lot Size Price/SqFt: 34.07
Remarks Misc
Geo Lat: 32.203003
Geo Lon: -110.87615
Showing Information
Directions: craycroft to 26th go west to property
Unit Info
# of Units/Studios: 8
Avg Mo Rent/Studios: 265
# of Units/1 BR: 12
Avg Mo Rent/1 BR: 325
# of Units/2 BR: 8
Avg Mo Rent/2 BR: 400
Analysis
Cap Rate %: 6.01
Gross Rent Multi: 11.08
Vacancy Rate %: 5.42
Exp/SqFt: 2.51
Exp % of Gross: 33.33
Income
Gross Scheduled Rent: 110640
Vacancy Loss: 6000
Other Income: 3600
Adjusted Gross: 108240
Total Expenses: 36085
Net Opp Income: 72155
Expenses
Gas/Electric: 5100
Insurance: 4200
Maintenance Supplies: 6200
Management: 6278
Taxes/Assessments: 7907
Water/Sewer: 6400
Interior Features
Interior Steps: No
Miscellaneous
Master Elec Meter: No
Master Gas Meter: No
Master Water Meter: Yes
Package Available: No
Property Features
Construction: Frame - Stucco
Main Cooling: Central Air; Evaporative Cooling
Main Heating: Baseboard
Sewer: Connected
Water: Public
Security: None
Terms: Conventional
Property Disclosures: Unknown
Sold Info: Financing
Listing Office: S.J. Fowler/GMAC Real Estate
Last Updated: October - 26 - 2024
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