$1,205,000
Tucson, AZ 85716
MLS# 21700735
Status: Closed
18312 sqft
1 / 19
Property Description
CENTRALLY LOCATED 25 UNIT MASONRY APARTMENT COMPLEX. ALL UNITS ARE 2 BEDROOM 1 BATH, AIR CONDITIONED WITH A YARD. GAS & ELECTRIC INDIVIDUALLY METERED.COMMUNITY LAUNDRY. PLENTY OF PARKING INCLUDING SOME COVERED. PRIDE OF OWNERSHIP THROUGHOUT COMPLEX.CALL LISTING AGENT FOR POSSIBLE FINANCING AVAILABLE, DO NOT DISTURB TENANTS. ****PLEASE NOTE THAT ''OTHER EXPENSES'' ARE A COMBINATION OF MONTHLY EXPENSES AND CAPITAL IMPROVEMENTS****
Details
Maps
Address Information
Country: USA
Street #: 2152
Direction: N
Street Name: Country Club
Suffix: Road
State/Province: AZ
Zip Code: 85716
County: Pima
Location, Tax & Legal
Comparable Only Listing: No
Tax Year: 2016
Taxes: 13916.04
Assessments: 0
Legal Description: PALO VERDE AMENDED n237.90' W312' LOT 16 BLK 1
Township: 14
Community: None
Range: 14
Section: 4
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
Tax Code: 122-15-299B
Area: Central
Subdivision: Palo Verde Amended
Contract Information
Distressed Info: None
Current Price: $1,205,000
Sold Price: $1,205,000
Listing Date: 2017-01-06
Status: Closed
Status Change Info
Off Market Date: 2017-01-12
Sold Price/SqFt: 65.8
Lot Sz Sold Prc/SqFt: 16.27
How Sold: Other
Pending Date: 2017-02-10
Sold Date: 2017-03-03
Sold Price: $1,205,000
General Property Information
Lot Dimensions: 237.9 X 322.8
Lot Acres: 1.7
Lot Sqft: 74052
Lot Size Source: Assessor
List Price/SqFt: 68.26
Lot Size Price/SqFt: 16.88
Combined SqFt: 18312
Year Built: 1958
Showing Information
Directions: GRANT/COUNTY CLUB SOUTH TO ADDRESS
Unit Info
Avg Mo Rent/Studios: 0
Avg Mo Rent/1 BR: 0
# of Units/2 BR: 25
Avg Mo Rent/2 BR: 600
Avg Mo Rent/3 BR: 0
Avg Mo Rent/Other: 0
Income
Vacancy Loss: 20929.08
Other Income: 2162
Adjusted Gross: 163224.91
Total Expenses: 112083.44
Gross Scheduled Rent: 181992
Net Opp Income: 51141.47
Analysis
Gross Rent Multi: 7.38
Vacancy Rate %: 11.5
Exp/SqFt: 6.12
Exp % of Gross: 68.67
Cap Rate %: 4.24
Construction
Concrete Block: 1
Expenses
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 0
Figures Presented: Actual
Gas/Electric: 0
Insurance: 4398
Maintenance Supplies: 0
Management: 16370
Resident Manager: 0
Taxes/Assessments: 13916.04
Water/Sewer: 12304.18
Other Expenses: 65095.22
Sewer
Connected: 1
Water
Public: 1
Interior Features
Interior Steps: No
Terms
Cash: 1
Conventional: 1
Submit: 1
Security
None: 1
Sold Info
Seller Concessions: 0
Property Disclosures
Military Airport Vct: 1
Unknown: 1
Miscellaneous
Master Gas Meter: No
Master Water Meter: Yes
Remarks Misc
Geo Lat: 32.248251
Geo Lon: -110.926186
Property Features
Construction: Concrete Block
Sewer: Connected
Water: Public
Security: None
Terms: Cash; Conventional; Submit
Property Disclosures: Military Airport Vct; Unknown
Listing Office: Harvey Mordka Realty
Last Updated: December - 09 - 2024
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