$1,425,000
Tucson, AZ 85719
MLS# 2224789
Status: Closed
29535 sqft
1 / 2
Property Description
Nice Central property, great unit mix. Security entrance to units. Units are large.
Details
Address Information
Street #: 2302
Direction: E
Street Name: Ft. Lowell
Suffix: Road
State/Province: AZ
Zip Code: 85719
County: Pima
Country: USA
Location Tax Legal
Tax Code: 112-05-004B
Area: Central
Subdivision: Campbell Ave. Acres
Contract Information
Current Price: $1,425,000
Sold Price: $1,425,000
Listing Date: 2002-10-14
Status: Closed
Status Change Info
Off Market Date: 2003-04-14
Pending Date: 2003-01-06
Sold Date: 2003-04-14
Sold Price: $1,425,000
Sold Price/SqFt: 48.24
Lot Sz Sold Prc/SqFt: 25.34
How Sold: Conventional
General Property Information
Lot Dimensions: 199x254
Lot Acres: 1.29
Lot Sqft: 56226
Lot Size Source: Assessor
Combined SqFt: 29535
Year Built: 1973
List Price/SqFt: 50.79
Lot Size Price/SqFt: 26.67
Remarks Misc
Geo Lat: 32.264409
Geo Lon: -110.936935
Showing Information
Directions: One block West of Tucson Blvd on South side of Ft. Lowell - Catalina Gardens
Unit Info
# of Units/1 BR: 8
Avg Mo Rent/1 BR: 450
# of Units/2 BR: 30
Avg Mo Rent/2 BR: 540
Analysis
Cap Rate %: 9.7
Gross Rent Multi: 6.43
Vacancy Rate %: 8.15
Exp/SqFt: 2.96
Exp % of Gross: 37.51
Income
Gross Scheduled Rent: 240060
Vacancy Loss: 19575
Other Income: 12500
Adjusted Gross: 232985
Total Expenses: 87394
Net Opp Income: 145591
Expenses
Admin Expenses: 2659
Gas/Electric: 13584
Insurance: 5030
Maintenance Supplies: 13614
Management: 11652
Resident Manager: 15891
Taxes/Assessments: 12500
Water/Sewer: 6900
Other Expenses: 5564
Interior Features
Interior Steps: No
Miscellaneous
Master Elec Meter: No
Master Gas Meter: Yes
Master Water Meter: Yes
Package Available: Yes
Property Features
Construction: Masonry Stucco
Main Cooling: Central Air
Main Heating: Forced Air; Natural Gas
Sewer: Connected
Water: Public
Security: Window Bars
Terms: Cash; Conventional
Property Disclosures: Unknown
Sold Info: Financing
Listing Office: Long Realty Company
Last Updated: October - 25 - 2024
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