$1,320,000
Tucson, AZ 85712
MLS# 21709821
Status: Closed
25739 sqft
1 / 8
Property Description
Great 27 unit complex. All units have AC and one covered parking space. Four older units rent for average of $517.per unit.
Details
Address Information
Street #: 4117
Direction: E
Street Name: Bellevue
Suffix: Street
State/Province: AZ
Zip Code: 85712
County: Pima
Country: USA
Location Tax Legal
Tax Code: 122-13-110A
Area: Central
Subdivision: Speedway Addition NO. 1
Contract Information
Current Price: $1,320,000
Sold Price: $1,320,000
Listing Date: 2017-03-28
Status: Closed
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Off Market Date: 2017-05-24
Pending Date: 2017-05-24
Sold Date: 2017-11-20
Sold Price: $1,320,000
Sold Price/SqFt: 51.28
Lot Sz Sold Prc/SqFt: 36.67
How Sold: Conventional
General Property Information
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: unknown
Lot Acres: 0.83
Lot Sqft: 36000
Lot Size Source: Assessor
Combined SqFt: 25739
Year Built: 1987
Total Parking: 27
School District: TUSD
Elementary School: Wright
Middle School: Doolen
High School: Catalina
Horse Property: No
Horse Facilities: No
List Price/SqFt: 55.75
Lot Size Price/SqFt: 39.86
Remarks Misc
Geo Lat: 32.238503
Geo Lon: -110.904515
Showing Information
Directions: North on Columbus from speedway, West on Bellevue to address.
Unit Info
# of Units/2 BR: 27
Avg Mo Rent/2 BR: 600
Unit 1 Information
Monthly Rent: 600
# Beds: 54
# Full Baths: 27
SqFt: 900
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport
Analysis
Cap Rate %: 8.22
Gross Rent Multi: 7.69
Vacancy Rate %: 9.97
Exp/SqFt: 2.45
Exp % of Gross: 36.72
Income
Gross Scheduled Rent: 190560
Vacancy Loss: 19000
Adjusted Gross: 171560
Total Expenses: 63005
Net Opp Income: 108555
Expenses
Contract Services: 2160
Gas/Electric: 2140
Insurance: 4029
Maintenance Supplies: 24000
Management: 12600
Taxes/Assessments: 15176
Water/Sewer: 2900
Figures Presented: Proforma
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Sewer: Tenant
Taxes: Owner
Trash: Owner
Water: Tenant
Driveway
Paved: Asphalt
RV Parking
Other: none
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: No
CC&Rs: No
Home Protection
Offered: No
Miscellaneous
Master Elec Meter: No
Property Features
Construction: Frame - Stucco
Style: Contemporary
Roof: Shingle
Living Areas: Family Room
Dining Areas: Dining in LR/GR
Dining Room: Area
Breakfast: Area
Kitchen Features: Electric Range; Dishwasher; Refrigerator
Bathroom Features: Shower & Tub/Hall
Laundry: Laundry Closet
Extra Room: None
Interior Features: Smoke Detector
Floor Covering: Carpet; Vinyl
Window Covering: None
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: None
Pool: Community
Spa: None
Fence: Wood
Landscape - Front: Low Care
Landscape - Rear: Low Care
View: None
Road Type: Paved
Exterior Feature: None
Lot Features: North/South Exposure
Neighborhood Features: None
Terms: Conventional
Submit With Offer: Lender Pre-Approval; Proof of Funds
Property Disclosures: Unknown
Special Conditions: None
Listing Office: D.L. White Real Estate, Inc.
Last Updated: December - 09 - 2024
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