$830,000
Tucson, AZ 85716
MLS# 22022396
Status: Closed
7278 sqft
1 / 17
Property Description
The Sky Island Cottages. 12 CHARMING 1 bd. garden units, in high demand Tucson Blvd./Glenn area, on .8 acre lot. 1 Bd. remodeled units next door rent for $870 mo. GREAT upside potential or just rent these CASHFLOW units EASILY ''as is'' for $675 mo. Two units vacated September 1st. already have signed leases, but you can view those interiors this week. If you are a Buyer that values LOCATION, this is the property for you! Sellers will review all offer on Monday Sept. 14th. Please see attached brochure.
Details
Maps
Documents
Address Information
Country: USA
Street #: 2602
Direction: E
Street Name: Glenn
Suffix: Street
State/Province: AZ
Zip Code: 85716
County: Pima
Location, Tax & Legal
Tax Year: 2019
Taxes: 6267.71
Assessments: 0
Taxes For: Building & Land
Legal Description: Grant Road Park N120' Lots 4 5 & 6 Blk 1
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Tax Code: 112-07-0060
Area: Central
Contract Information
Method of Title: Fee (Simple)
Short Sale: No
Current Price: $830,000
Sold Price: $830,000
Listing Date: 2020-09-08
Status: Closed
Status Change Info
Off Market Date: 2020-09-17
Sold Price/SqFt: 114.04
Lot Sz Sold Prc/SqFt: 22.96
Financing: Conventional
Pending Date: 2020-10-28
Sold Date: 2020-10-30
Sold Price: $830,000
General Property Information
Property Sub-Type: Apartment
Construction Status: Existing
# Units: 12
Lot Dimensions: 301'x134'X300'X132'
Lot Acres: 0.83
Total Parking: 20
Lot Sqft: 36155
Multi-Tenant: Yes
Lot Size Source: Assessor
Source of SqFt: Assessor
List Price/SqFt: 113.36
Lot Size Price/SqFt: 22.82
Year Built: 1948
Combined SqFt: 7278
Showing Information
Directions: Campbell/Glenn E, to SE corner of Forgeus & Glenn
Electric
Electric Company: TEP
Income
Vacancy Loss: 3521
Other Income: 0
Adjusted Gross: 84511
Total Expenses: 23290
Gross Scheduled Rent: 88032
Net Opp Income: 61221
Gas
Natural: 1
Analysis
Gross Rent Multi: 9.82
Vacancy Rate %: 4
Exp/SqFt: 3.2
Exp % of Gross: 27.56
Cap Rate %: 7.38
Construction
Concrete Block: 1
Expenses
Admin Expenses: 0
Captial Expenses: 0
Contract Services: 0
Gas/Electric: 1168
Insurance: 2000
Maintenance Supplies: 8400
Management: 0
Resident Manager: 0
Taxes/Assessments: 6268
Water/Sewer: 5454
Other Expenses: 0
Sewer
Connected: 1
Unit Information
Apartment: Low Rise
Apartment Unit Information
# of Units/1 BR: 12
Roof
Shingle: 1
Water
Public: 1
Road Type
Paved: 1
Lot Features
Corner Lot: 1
North/South Exposure: 1
Main Cooling
Central Air: 1
Evaporative Cooling: 1
None: 1
Other: Portable AC
Terms
Cash: 1
Conventional: 1
Submit With Offer
Proof of Funds: 1
Seller Title Company: Stewart
Accessibility Option
None: 1
Special Conditions
None: 1
Sold Info
Seller Concessions: 15820
Landscape - Front
Desert Plantings: 1
Low Care: 1
Shrubs: 1
Trees: 1
Landscape - Rear
Desert Plantings: 1
Low Care: 1
Trees: 1
Parking
Common: 1
Possession
Recording: 1
Property Disclosures
Easements: 1
Lead Based Paint: 1
Unknown: 1
Remarks Misc
Geo Lat: 32.257368
Geo Lon: -110.932593
Property Features
Construction: Concrete Block
Roof: Shingle
Main Cooling: Central Air; Evaporative Cooling; None
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Landscape - Front: Desert Plantings; Low Care; Shrubs; Trees
Landscape - Rear: Desert Plantings; Low Care; Trees
Road Type: Paved
Parking: Common
Lot Features: Corner Lot; North/South Exposure
Terms: Cash; Conventional
Possession: Recording
Submit With Offer: Proof of Funds
Property Disclosures: Easements; Lead Based Paint; Unknown
Special Conditions: None
Brochure 
Listing Office: Tierra Antigua Realty
Last Updated: September - 09 - 2026
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