$1,110,000
Tucson, AZ 85719
MLS# 2224785
Status: Closed
12492 sqft
1 / 3
Property Description
Great property, most units have been rehabbed, always rented.
Details
Maps
Address Information
Street #: 1240
Direction: E
Street Name: Fort Lowell
Suffix: Road
State/Province: AZ
Zip Code: 85719
County: Pima
Country: USA
Location Tax Legal
Tax Code: 113-08-200D
Area: Central
Subdivision: Catalina Poultry Acres NO 4
Contract Information
Current Price: $1,110,000
Sold Price: $1,110,000
Listing Date: 2002-10-14
Status: Closed
Status Change Info
Off Market Date: 2003-01-08
Pending Date: 2002-11-08
Sold Date: 2003-01-08
Sold Price: $1,110,000
Sold Price/SqFt: 88.85
Lot Sz Sold Prc/SqFt: 22.55
How Sold: Conventional
General Property Information
Lot Dimensions: Irregular
Lot Acres: 1.13
Lot Sqft: 49210
Lot Size Source: Assessor
Combined SqFt: 12492
Year Built: 1985
List Price/SqFt: 96.06
Lot Size Price/SqFt: 24.38
Remarks Misc
Geo Lat: 32.264064
Geo Lon: -110.952784
Showing Information
Directions: SW corner of Mountain and Ft Lowell
Unit Info
# of Units/1 BR: 12
Avg Mo Rent/1 BR: 425
# of Units/2 BR: 16
Avg Mo Rent/2 BR: 525
Analysis
Cap Rate %: 8.38
Gross Rent Multi: 7.59
Vacancy Rate %: 7
Exp/SqFt: 4.59
Exp % of Gross: 36.32
Income
Gross Scheduled Rent: 162000
Vacancy Loss: 11340
Other Income: 7319
Adjusted Gross: 157979
Total Expenses: 57390
Net Opp Income: 100589
Expenses
Admin Expenses: 5683
Gas/Electric: 7456
Insurance: 4186
Maintenance Supplies: 13444
Management: 12285
Taxes/Assessments: 9036
Water/Sewer: 5300
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 - Stucco
Main Heating: Electric; Forced Air
Sewer: Connected
Water: Public
Security: None
Terms: Cash; Conventional
Property Disclosures: Unknown
Sold Info: Financing
Listing Office: Long Realty Company
Last Updated: October - 25 - 2024
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