$1,155,000
Tucson, AZ 85716
MLS# 21721340
Status: Closed
9312 sqft
1 / 12
Property Description
Excellent, unique, opportunity to own a gated, renovated, 12 plex, on a quiet cul-de-sac, sandwiched between two of the most coveted neighborhoods, Sam Hughes and Miramonte. Complex is within a mile from the UofA. Fully rehabbed 1/2016. Great CAP rate! New gravel landscaping, new asphalt front and back driveways, new exterior paint, roof recoat/maintained 1/2016, new heat pumps all units, new energy efficient windows, new balcony wood, all units tiled throughout, new counter tops, new appliances, new sinks, new shower tile surround, new vanities, new lighting, new fencing. Laundry room with 3 commercial washers and 3 commercial dryers and storage room. Automated, remote access, sliding front gate. ALL UNITS SEPARATELY METERED. ALL NUMBERS ARE ACTUAL. 100% OCCUPIED.
Details
Documents
Address Information
Street #: 3130
Direction: E
Street Name: 4th
Suffix: Street
State/Province: AZ
Zip Code: 85716
County: Pima
Country: USA
Location Tax Legal
Tax Code: 125-14-010A
Area: Central
Subdivision: Virginia Heights
Contract Information
Current Price: $1,155,000
Sold Price: $1,155,000
Listing Date: 2017-08-12
Status: Closed
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Off Market Date: 2017-08-14
Pending Date: 2017-10-05
Sold Date: 2017-10-09
Sold Price: $1,155,000
Sold Price/SqFt: 124.03
Lot Sz Sold Prc/SqFt: 64.67
How Sold: Cash
General Property Information
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: Unknown
Lot Acres: 0.41
Lot Sqft: 17860
Lot Size Source: Assessor
Combined SqFt: 9312
Year Built: 1978
School District: TUSD
Elementary School: Acacia
Middle School: Ajo
High School: Ajo
Horse Property: No
Horse Facilities: No
List Price/SqFt: 134.24
Lot Size Price/SqFt: 69.99
Remarks Misc
Geo Lat: 32.230899
Geo Lon: -110.925592
Showing Information
Directions: Country Club/4th, E on 4th to address.
Unit 1 Information
Monthly Rent: 800
# Beds: 2
# Full Baths: 1
SqFt: 752
Occupancy: Yes
Stories: Two
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
# Beds: 2
# Full Baths: 1
Occupancy: Yes
Floor: 2nd
Parking: On Property
Unit 3 Information
# Beds: 2
# Full Baths: 1
Occupancy: Yes
Parking: On Property
Unit 4 Information
# Beds: 2
# Full Baths: 1
Occupancy: Yes
Floor: 2nd
Parking: On Property
Analysis
Cap Rate %: 8.24
Gross Rent Multi: 9.57
Vacancy Rate %: 2.07
Exp/SqFt: 2.74
Exp % of Gross: 21.13
Income
Gross Scheduled Rent: 115200
Vacancy Loss: 2384
Other Income: 7920
Adjusted Gross: 120736
Total Expenses: 25516
Net Opp Income: 95220
Expenses
Admin Expenses: 640
Contract Services: 1020
Gas/Electric: 1200
Insurance: 3732
Maintenance Supplies: 3025
Management: 7200
Taxes/Assessments: 5659
Other Expenses: 3040
Figures Presented: Actual
Style
Other: Apartments
Extra Room
Other: storage room
Interior Features
Interior Steps: No
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Landscaping: Owner
Pool/Spa Maintenance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
Driveway
Paved: Asphalt
RV Parking
Other: None
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: Yes
CC&Rs: Yes
Submit With Offer
Digital Signatures: Yes
Home Protection
Offered: No
Property Features
Construction: Frame - Stucco
Roof: Tile
Living Areas: Off Kitchen
Dining Areas: Breakfast Nook
Dining Room: Area
Breakfast: None
Kitchen Features: Electric Range; Refrigerator
Bathroom Features: Shower & Tub/Hall
Laundry: Facility
Floor Covering: Ceramic Tile
Window Covering: Some
Technology: Cable TV
Main Cooling: Central Air
Main Heating: Electric; Forced Air
Water Heater: Electric
Gas: None
Sewer: Connected
Water: Public
Accessibility Option: None
Security: Security Lights
Pool: None
Spa: None
Fence: Electric; Wrought Iron
Landscape - Front: Low Care
Landscape - Rear: Low Care
View: None
Road Type: Paved
Exterior Feature: Workshop
Lot Features: East/West Exposure
Neighborhood Features: None
Terms: Cash; Conventional
Property Disclosures: Deed Restrictions; Public Airport Vcty
Special Conditions: None
Property Info Sheet 
Listing Office: Cobb Realty, LLC
Last Updated: December - 09 - 2024
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