$1,050,000
Tucson, AZ 85716
MLS# 2502335
Status: Closed
15056 sqft
1 / 1
Property Description
29 one-bedroom one-bath units with pool, laundry, fitness room, free internet and cable. Always 100% occupied. Great Investment Opportunity! This property will not last. GO!
Details
Address Information
Street #: 3653
Direction: E
Street Name: 2nd
Suffix: Street
State/Province: AZ
Zip Code: 85716
County: Pima
Country: USA
Location Tax Legal
Tax Code: 125-11-0810
Area: Central
Subdivision: Speedway View Addition
Contract Information
Current Price: $1,050,000
Sold Price: $1,050,000
Listing Date: 2004-11-24
Status: Closed
Status Change Info
Off Market Date: 2005-03-22
Pending Date: 2005-01-24
Sold Date: 2005-03-22
Sold Price: $1,050,000
Sold Price/SqFt: 69.73
Lot Sz Sold Prc/SqFt: 28.79
How Sold: Conventional
General Property Information
Lot Dimensions: 275x132.6
Lot Acres: 0.84
Lot Sqft: 36465
Lot Size Source: Assessor
Combined SqFt: 15056
Year Built: 1978
List Price/SqFt: 75.72
Lot Size Price/SqFt: 31.26
Remarks Misc
Geo Lat: 32.234795
Geo Lon: -110.914477
Showing Information
Directions: Speedway/Dodge S on Dodge to 2nd Street W on 2nd Street to address.
Unit Info
# of Units/1 BR: 29
Avg Mo Rent/1 BR: 425
Analysis
Cap Rate %: 6.44
Gross Rent Multi: 7.86
Vacancy Rate %: 2
Exp/SqFt: 4.74
Exp % of Gross: 49.33
Income
Gross Scheduled Rent: 147900
Vacancy Loss: 2958
Adjusted Gross: 144942
Total Expenses: 71514
Net Opp Income: 73428
Expenses
Contract Services: 5858
Gas/Electric: 7366
Insurance: 5844
Maintenance Supplies: 19824
Management: 7400
Taxes/Assessments: 10235
Water/Sewer: 6000
Other Expenses: 8987
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; Steel Frame
Main Cooling: Central Air; Evaporative Cooling
Main Heating: Forced Air; Natural Gas
Sewer: Connected
Water: Public
Neighborhood Features: Gated Community
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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