$1,225,000
Tucson, AZ 85716
MLS# 21625327
Status: Closed
9486 sqft

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Property Description
http://apexaz.com/casabelleza/ Modern living nestled in the heart of Tucson with exceptional value. These high quality modern townhomes are conveniently located near the University of Arizona campus. At Casa Belleza, it’s about lifestyle. These stunning, newly built two story town homes were built in 2011 and offer three bedrooms and three baths. Located just 1.3 miles from The University of Arizona on the 3rd Street Bike Path, Casa Belleza is an exceptional investment for higher end rentals. Nestled within the heart of Tucson, Casa Bellaza is steps from various locations including the El Con Mall, Whole Foods, and Rincon Market.
Details
Address Information
Street #: 3168-3178
Direction: E
Street Name: 4th
Suffix: Street
State/Province: AZ
Zip Code: 85716
County: Pima
Country: USA
Location Tax Legal
Tax Code: 125-14-0790
Area: Central
Subdivision: 4th Street RCP
Contract Information
Current Price: $1,225,000
Sold Price: $1,225,000
Listing Date: 2016-09-17
Status: Closed
Distressed Info: None
Status Change Info
Off Market Date: 2016-12-12
Pending Date: 2017-01-17
Sold Date: 2017-01-26
Sold Price: $1,225,000
Sold Price/SqFt: 129.14
Lot Sz Sold Prc/SqFt: 68.07
How Sold: Cash
General Property Information
Lot Dimensions: 180 x 99.98 x 180 x x99.98
Lot Acres: 0.41
Lot Sqft: 17996
Lot Size Source: Assessor
Combined SqFt: 9486
Year Built: 2011
List Price/SqFt: 137.04
Lot Size Price/SqFt: 72.24
Remarks Misc
Geo Lat: 32.231083
Geo Lon: -110.924716
Showing Information
Directions: Country Club/Speedway - S on Country Club, E on 4th St to address on right side of street
Unit Info
# of Units/3 BR: 6
Avg Mo Rent/3 BR: 1800
Analysis
Cap Rate %: 7.12
Gross Rent Multi: 9.69
Vacancy Rate %: 2.5
Exp/SqFt: 4.12
Exp % of Gross: 30.94
Income
Gross Scheduled Rent: 129600
Vacancy Loss: 3240
Adjusted Gross: 126360
Total Expenses: 39100
Net Opp Income: 87260
Expenses
Gas/Electric: 3119
Insurance: 3426
Management: 12168
Taxes/Assessments: 13603
Water/Sewer: 2066
Other Expenses: 4718
Figures Presented: Actual
Interior Features
Interior Steps: Yes
Property Features
Construction: Frame - Stucco
Main Cooling: Central Air
Main Heating: Electric; Forced Air
Sewer: Connected
Water: Public
Security: None
Terms: Cash; Conventional
Property Disclosures: Military Airport Vct
Listing Office: Keller Williams Southern Arizona
Last Updated: December - 09 - 2024
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