$2,700,000
Tucson, AZ 85712
MLS# 21628055
Status: Closed
12923 sqft
1 / 5
Property Description
Fully Occupied, Beautiful Medical Office Building located in Swan Corporate Center, Excellent Investment Property, Located on the Swan Road Foothills Corridor, The current leases are all NNN leases. One of the Owners is an Arizona Licensed Real Estate Agent; Do Not Disturb Tenants! Owner may carry with reasonable down payment. Approximate Square Footage by Unit Address: 4745 is 3,840 sq ft; 4747 is 1,593 sq ft; 4751 is 2,345 sq ft; 4753 is 5,117 sq ft. Cash to Available Financing $600,000.
Details
Maps
Address Information
Country: USA
Street #: 4745-4753
Direction: E
Street Name: Camp Lowell
Suffix: Drive
State/Province: AZ
Zip Code: 85712
County: Pima
Location, Tax & Legal
Tax Year: 2015
Taxes: 62870.39
Assessments: 0
Legal Description: Swan Corporate Center Lots 20-25
Municipality/Zoning: Tucson - O3
Fire Protection: Included in Taxes
Tax Code: 109-25-032A
Area: Central
Status Change Info
Off Market Date: 2018-07-14
Sold Price/SqFt: 208.93
Lot Sz Sold Prc/SqFt: 129.13
Financing: Conventional
Pending Date: 2018-10-18
Sold Date: 2018-10-19
Sold Price: $2,700,000
Showing Information
Directions: From Swan & Camp Lowell, go East to First left, Follow Camp Lowell Drive to the address on the east side of the complex.
General Property Information
Property Sub-Type: Professional/Office
# Units: 3
Lot Dimensions: Irregular
Lot Acres: 0.48
Total Parking: 0
Lot Sqft: 20909
Lot Size Source: Assessor
Source of SqFt: Assessor
Leasable SqFt: 0
List Price/SqFt: 205.06
Lot Size Price/SqFt: 126.74
Year Built: 2001
Combined SqFt: 12923
Electric
3 Phase Power: Yes
Amps: 400
Income
Vacancy Loss: 0
Other Income: 0
Adjusted Gross: 244000
Total Expenses: 24000
Gross Scheduled Rent: 244000
Net Opp Income: 220000
Analysis
Gross Rent Multi: 11.07
Vacancy Rate %: 0
Exp/SqFt: 1.86
Exp % of Gross: 9.84
Cap Rate %: 8.15
Construction
Frame - Stucco: 1
Expenses
Admin Expenses: 12000
Captial Expenses: 8000
Contract Services: 4000
Figures Presented: Proforma
Gas/Electric: 0
Insurance: 0
Maintenance Supplies: 0
Management: 0
Resident Manager: 0
Taxes/Assessments: 0
Water/Sewer: 0
Other Expenses: 0
Sewer
Connected: 1
Water
Public: 1
Property Features
A.D.A. Compliant: Yes
Main Cooling
Central Air: 1
Main Heating
Electric: 1
Forced Air: 1
Terms
Cash: 1
Conventional: 1
Owner Carry: 1
Sold Info
Seller Concessions: 0
Property Disclosures
Military Airport Vct: 1
Contract Information
Current Price: $2,700,000
Sold Price: $2,700,000
Listing Date: 2016-10-19
Status: Closed
Remarks Misc
Geo Lat: 32.267279
Geo Lon: -110.890787
Property Features
Construction: Frame - Stucco
Main Cooling: Central Air
Main Heating: Electric; Forced Air
Sewer: Connected
Water: Public
Terms: Cash; Conventional; Owner Carry
Property Disclosures: Military Airport Vct
Listing Office: Tierra Antigua Realty
Last Updated: December - 09 - 2024
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