$1,200,000
Tucson, AZ 85713
MLS# 22411605
Status: Closed
5132 sqft
1 / 39
Property Description
This asset presents a lucrative investment opportunity. Built between 1934 and 1958, Borden's Court features 19 studios, 8 one-bedroom/one-bathroom units, as well as 2 two-bedroom/one- bathroom units. The value-add opportunity for prospective investors is significant. Capital improvements just completed over the last 90 days along with rent increases according to Section 8 standards have this property primed for sale. For access to financials and pertinent docs, reach out to agent.
Details
Maps
Documents
Address Information
Street #: 228
Direction: E
Street Name: 32Nd
Suffix: Street
State/Province: AZ
Zip Code: 85713
County: Pima
Country: USA
Location Tax Legal
Tax Code: 118-25-155A
Area: South
Contract Information
Current Price: $1,200,000
Sold Price: $1,200,000
Listing Date: 2024-05-09
Status: Closed
Short Sale: No
Status Change Info
Off Market Date: 2024-06-09
Pending Date: 2024-06-24
Sold Date: 2024-06-24
Sold Price: $1,200,000
Sold Price/SqFt: 233.83
Lot Sz Sold Prc/SqFt: 90.32
Financing: Cash
General Property Information
Property Sub-Type: Apartment
Construction Status: Existing
# Units: 29
Year Built: 1943
Lot Dimensions: 92'x148'x94'x148'
Lot Acres: 0.31
Lot Sqft: 13286
Lot Size Source: Assessor
Combined SqFt: 5132
Source of SqFt: Assessor
List Price/SqFt: 302.03
Lot Size Price/SqFt: 116.66
Remarks Misc
Geo Lat: 32.196268
Geo Lon: -110.966036
Unit Information
Apartment: Low Rise
Apartment Unit Information
# of Units/Studios: 19
# of Units/1 BR: 8
# of Units/2 BR: 2
Property Features
Terms: Cash
Offering Memorandum 
Listing Office: Pinnacle Realty and Investment Advisors LLC
Last Updated: December - 25 - 2024
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