$1,400,000
Tucson, AZ 85719
MLS# 2530104
Status: Closed
12408 sqft
1 / 1
Property Description
BEAUTIFUL 4YR OLD STEEL FRAME CONSTRUCTED SEPARATELY METERED UNITS.IMMACULATELY MAINTAINED COMPLEX OF 2-FOURPLEXES.SEPARATE TAX CODES ALLOW FOR EASY FINANCING.8 GRACIOUS UNITS FEATURE 3BR/3BA(1551SQFT UNIT),CERAMIC TILE,ABUNDANT OAK CABINETRY,REF,WASHER/DRYER,DISHWASHER,COVERED & LIGHTED PARKING & COVERED PATIO & BALCONY.IDEAL MIDTOWN LOCATION,CLOSE TO UOFA/BUSLINE/UMC. SECURITY GATE RECENTLY INSTALLED.CONTRACT SERVICES:PEST,& LANDSCAPING.
Details
Address Information
Street #: 1102
Direction: E
Street Name: Halcyon
Suffix: Road
Apt/Unit #: 1104
State/Province: AZ
Zip Code: 85719
County: Pima
Country: USA
Location Tax Legal
Tax Code: 113-04-299E
Area: Central
Subdivision: Unsubdivided
Contract Information
Current Price: $1,400,000
Sold Price: $1,400,000
Listing Date: 2005-10-18
Status: Closed
Status Change Info
Off Market Date: 2005-12-02
Pending Date: 2005-12-02
Sold Date: 2005-12-02
Sold Price: $1,400,000
Sold Price/SqFt: 112.83
Lot Sz Sold Prc/SqFt: 35.71
How Sold: Conventional
General Property Information
Lot Dimensions: 118.5 X 473 X 119 X 473
Lot Acres: 0.9
Lot Sqft: 39204
Lot Size Source: Assessor
Combined SqFt: 12408
Year Built: 2001
List Price/SqFt: 120.89
Lot Size Price/SqFt: 38.26
Showing Information
Directions: N ON MOUNTAIN PAST FT. LOWELL. LEFT ON HALYCON S TO SECURITY GATE.
Unit Info
# of Units/3 BR: 8
Avg Mo Rent/3 BR: 950
Analysis
Cap Rate %: 3.92
Gross Rent Multi: 17.77
Vacancy Rate %: 4.95
Exp/SqFt: 2.05
Exp % of Gross: 30.25
Income
Gross Scheduled Rent: 88800
Vacancy Loss: 4400
Adjusted Gross: 84400
Total Expenses: 25534
Net Opp Income: 58866
Expenses
Admin Expenses: 2664
Contract Services: 1080
Gas/Electric: 956
Insurance: 3006
Maintenance Supplies: 2368
Taxes/Assessments: 7170
Water/Sewer: 1920
Other Expenses: 6370
Interior Features
Interior Steps: No
Miscellaneous
Master Elec Meter: No
Master Gas Meter: No
Master Water Meter: Yes
Package Available: Yes
Property Features
Construction: Frame; Steel Frame
Main Cooling: Central Air
Main Heating: Heat Pump
Sewer: Connected
Water: Public
Neighborhood Features: Gated Community
Terms: Conventional
Property Disclosures: Unknown
Sold Info: Financing
Listing Office: Realty Executives Southern AZ
Last Updated: October - 26 - 2024
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