$1,463,000
Tucson, AZ 85719
MLS# 21131649
Status: Closed
13206 sqft
1 / 5
Property Description
Fully gated 39 unit apartment with swimming pool, Bar BQ area and Gazebo. 1.5 miles from U of A and Pima College. Units separatly metered. 100% occupied.
Details
Maps
Address Information
Street #: 2565
Direction: N
Street Name: Park
Suffix: Avenue
State/Province: AZ
Zip Code: 85719
County: Pima
Country: USA
Location Tax Legal
Tax Code: 113-09-162A
Area: Central
Subdivision: Ocotillo Park (40-76)
Contract Information
Current Price: $1,463,000
Sold Price: $1,463,000
Listing Date: 2011-12-15
Status: Closed
Distressed Info: None
Status Change Info
Off Market Date: 2012-04-13
Pending Date: 2012-04-11
Sold Date: 2012-06-29
Sold Price: $1,463,000
Sold Price/SqFt: 110.78
Lot Sz Sold Prc/SqFt: 34.98
How Sold: Conventional
General Property Information
Lot Dimensions: 297 X 134
Lot Acres: 0.96
Lot Sqft: 41818
Lot Size Source: Assessor
Combined SqFt: 13206
Year Built: 1976
List Price/SqFt: 113.21
Lot Size Price/SqFt: 35.75
Remarks Misc
Geo Lat: 32.253503
Geo Lon: -110.957198
Showing Information
Directions: Grant/Park north on Park to address
Unit Info
# of Units/Studios: 39
Avg Mo Rent/Studios: 383.25
Analysis
Cap Rate %: 9.74
Gross Rent Multi: 8.63
Vacancy Rate %: 6.99
Exp/SqFt: 2.1
Exp % of Gross: 15.98
Income
Gross Scheduled Rent: 183960
Vacancy Loss: 12859
Other Income: 2160
Adjusted Gross: 173261
Total Expenses: 27681
Net Opp Income: 145580
Expenses
Contract Services: 2300
Gas/Electric: 4050
Insurance: 3505
Taxes/Assessments: 10820
Water/Sewer: 7006
Figures Presented: Actual
Property Features
Construction: Slump Block
Main Cooling: Wall Unit(s)
Main Heating: Electric; Forced Air
Sewer: Connected
Water: Public
Terms: Cash; Conventional
Property Disclosures: Lead Based Paint
Listing Office: Long Realty Company
Last Updated: December - 06 - 2024
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