$1,900,000
Tucson, AZ 85705
MLS# 22309317
Status: Closed
3638 sqft
1 / 9
Property Description
FULLY OCCUPIED!! NO HOA!! Four parcels, each with a 4-plex (16 units). 236 is zoned O-3, 222, 228, and 230 are R-2. Great Rental Units only 1/2 Block from Oracle. Bus Lines, Shopping, Employment. Tucson Mall Easy Walking Distance. 8 Units have new A/C!! Tenants Pay: Electric, Water, Sewer Value add opportunity! See attachments;
Details
Maps
Documents
Address Information
Street #: 222-236
Direction: W
Street Name: Roger
Suffix: Road
State/Province: AZ
Zip Code: 85705
County: Pima
Country: USA
Location Tax Legal
Tax Code: 105-12-036J
Area: Central
Subdivision: Unsubdivided
Contract Information
Current Price: $1,900,000
Sold Price: $1,900,000
Listing Date: 2023-04-28
Status: Closed
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Off Market Date: 2023-08-25
Pending Date: 2023-08-24
Sold Date: 2023-09-01
Sold Price: $1,900,000
Sold Price/SqFt: 522.26
Lot Sz Sold Prc/SqFt: 43.29
How Sold: Exchange
Showing Information
Directions: From Oracle, East on Roger to units on north.
General Property Information
Dwelling Type: Quadruplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: Irreg long legal
Lot Acres: 1.01
Lot Sqft: 43895
Lot Size Source: Assessor
Combined SqFt: 3638
Year Built: 2000
Total Parking: 16
School District: Pima Unified
Elementary School: Pima
Middle School: Pima Junior High
High School: Pima High School
Horse Property: No
Horse Facilities: No
List Price/SqFt: 548.38
Lot Size Price/SqFt: 45.45
Remarks Misc
Geo Lat: 32.280223
Geo Lon: -110.974478
Unit Info
# of Units/2 BR: 4
Avg Mo Rent/2 BR: 749
# of Units/3 BR: 4
Avg Mo Rent/3 BR: 875
Unit 1 Information
Monthly Rent: 3169
# Beds: 10
# Full Baths: 8
SqFt: 3800
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 3610
# Beds: 10
# Full Baths: 8
SqFt: 3300
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 3 Information
Monthly Rent: 3200
# Beds: 10
# Full Baths: 8
Occupancy: Yes
Stories: Single
Furnished: No
Parking: On Property
Unit 4 Information
Monthly Rent: 3000
# Beds: 10
# Full Baths: 8
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 5.28
Gross Rent Multi: 12.2
Exp/SqFt: 15.24
Exp % of Gross: 35.59
Income
Gross Scheduled Rent: 155748
Adjusted Gross: 155748
Total Expenses: 55434
Net Opp Income: 100314
Expenses
Capital Expenses: 35095
Contract Services: 420
Gas/Electric: 527
Insurance: 2210
Maintenance Supplies: 4490
Management: 11236
Taxes/Assessments: 1132
Water/Sewer: 324
Figures Presented: Actual
Laundry
Other: Hook-ups
Electric
Electric Company: Tucson Electric Powe
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Sewer: Tenant
Taxes: Owner
Trash: Tenant
Water: Tenant
RV Parking
Other: none
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: No
CC&Rs: No
Home Protection
Offered: No
Sold Info
Down Payment: 30000
Seller Concessions: 30000
Property Features
Construction: Frame - Stucco
Style: Ranch
Roof: Shingle
Living Areas: Living Room; Off Kitchen
Dining Areas: Dining in LR/GR
Dining Room: Area
Breakfast: None
Kitchen Features: Dishwasher; Disposal; Refrigerator
Bathroom Features: Shower & Tub/Primary; Shower & Tub/Hall
Extra Room: None
Interior Features: Ceiling Fan(s); Smoke Detector
Floor Covering: Ceramic Tile
Window Covering: Some
Technology: Cable TV
Main Cooling: Heat Pump
Main Heating: Electric
Water Heater: Electric
Gas: None
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Pool: None
Spa: None
Fence: None
Landscape - Front: Low Care
Landscape - Rear: None
View: None
Road Type: Paved
Road Maintenance: None
Driveway: None
Exterior Feature: None
Lot Features: East/West Exposure
Neighborhood Features: None
Terms: Cash; Conventional; Exchange
Submit With Offer: Lender Pre-Approval; Proof of Funds
Property Disclosures: Seller Prop Disclosure
Special Conditions: None
Supplements
05.22.23 update: Owner is receiving bids for replacing the roof on one of the building's.
Roger Road Rent Roll 
Listing Office: Fort Lowell Realty & Property Management, Inc
Last Updated: December - 22 - 2024
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