$1,850,000
Tucson, AZ 85719
MLS# 21409516
Status: Closed
32673 sqft
1 / 3
Property Description
47 UNITS ON THE CAMPBELL CORRIDOR LESS THAN A MILE FROM THE U OF A MEDICAL CAMPUS UNIT MIX 12 1 BEDROOM 1 BATH, 489 SF UNITS 34 2 BEDROOM 1 BATH, 730 SF UNITS THIS PROPERTY HAS NEW ROOFS, NEW PAINT., 100% OCCUPANCY AND THERE IS GREAT UPSIDE POTENTIAL IN THE RENTS
Details
Maps
Address Information
Country: USA
Street #: 2333
Direction: E
Street Name: Glenn
State/Province: AZ
Zip Code: 85719
County: Pima
Location, Tax & Legal
Tax Year: 2013
Taxes: 22941
Assessments: 0
Legal Description: W160' of E490' of N290' of S330' of SE4 NW 4 1.06
Township: 13
Community: None
Range: 14
Section: 32
Municipality/Zoning: Tucson - R3
Fire Protection: Included in Taxes
Tax Code: 112-05-2790
Area: Central
Subdivision: Shaheen Estates
Contract Information
Distressed Info: None
Current Price: $1,850,000
Sold Price: $1,850,000
Listing Date: 2014-04-01
Status: Closed
Status Change Info
Off Market Date: 2014-04-17
Sold Price/SqFt: 56.62
Lot Sz Sold Prc/SqFt: 39.7
How Sold: Conventional
Pending Date: 2014-05-20
Sold Date: 2014-06-30
Sold Price: $1,850,000
General Property Information
Lot Dimensions: 160' x 290'
Lot Acres: 1.06
Lot Sqft: 46600
Lot Size Source: Assessor
List Price/SqFt: 60.45
Lot Size Price/SqFt: 42.38
Combined SqFt: 32673
Year Built: 1963
Showing Information
Directions: S on Campbell E on Glenn to address
Unit Info
Avg Mo Rent/Studios: 0
# of Units/1 BR: 12
Avg Mo Rent/1 BR: 439
# of Units/2 BR: 34
Avg Mo Rent/2 BR: 533
Avg Mo Rent/3 BR: 0
Avg Mo Rent/Other: 0
Income
Vacancy Loss: 17223
Other Income: 6374
Adjusted Gross: 269831
Total Expenses: 120480
Gross Scheduled Rent: 280680
Net Opp Income: 149351
Analysis
Gross Rent Multi: 6.86
Vacancy Rate %: 6.14
Exp/SqFt: 3.69
Exp % of Gross: 44.65
Cap Rate %: 8.07
Expenses
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 16190
Figures Presented: Proforma
Gas/Electric: 6837
Insurance: 8438
Maintenance Supplies: 21586
Management: 16190
Resident Manager: 0
Taxes/Assessments: 21347
Water/Sewer: 18392
Other Expenses: 11500
Sewer
Connected: 1
Water
Public: 1
Main Cooling
Central Air: 1
Evaporative Cooling: 1
Main Heating
Forced Air: 1
Natural Gas: 1
Interior Features
Interior Steps: No
Terms
Cash: 1
Conventional: 1
Security
None: 1
Property Disclosures
Flood Plain: 1
Miscellaneous
Master Elec Meter: No
Master Gas Meter: No
Master Water Meter: Yes
Package Available: Yes
Remarks Misc
Geo Lat: 32.258118
Geo Lon: -110.936633
Property Features
Main Cooling: Central Air; Evaporative Cooling
Main Heating: Forced Air; Natural Gas
Sewer: Connected
Water: Public
Security: None
Terms: Cash; Conventional
Property Disclosures: Flood Plain
Listing Office: Long Realty Company
Last Updated: December - 08 - 2024
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.
