$1,650,000
Tucson, AZ 85716
MLS# 2517195
Status: Closed
33867 sqft
1 / 1
Property Description
Great unit mix in Central location. Units are large w/great occupancy. 2 Tax codes 125-11-246D & 125-11-2440 Electric billed back to tenants.
Details
Maps
Documents
Address Information
Street #: 3727
Direction: E
Street Name: 5th
Suffix: Street
State/Province: AZ
Zip Code: 85716
County: Pima
Country: USA
Location Tax Legal
Tax Code: 125-11-2440
Area: Central
Subdivision: Speedway View Addition
Contract Information
Current Price: $1,650,000
Sold Price: $1,650,000
Listing Date: 2005-06-22
Status: Closed
Status Change Info
Off Market Date: 2005-10-31
Pending Date: 2005-08-19
Sold Date: 2005-10-31
Sold Price: $1,650,000
Sold Price/SqFt: 48.71
Lot Sz Sold Prc/SqFt: 19.93
How Sold: Conventional
Showing Information
Directions: From Country Club East on 5th to address
General Property Information
Lot Dimensions: Irreguar
Lot Acres: 1.9
Lot Sqft: 82764
Lot Size Source: Assessor
Combined SqFt: 33867
Year Built: 1960
List Price/SqFt: 50.17
Lot Size Price/SqFt: 20.52
Remarks Misc
Geo Lat: 32.229401
Geo Lon: -110.912135
Unit Info
# of Units/Studios: 5
Avg Mo Rent/Studios: 381
# of Units/1 BR: 16
Avg Mo Rent/1 BR: 447
# of Units/2 BR: 22
Avg Mo Rent/2 BR: 517
# of Units/3 BR: 2
Avg Mo Rent/3 BR: 552
Analysis
Cap Rate %: 7.61
Gross Rent Multi: 6.49
Vacancy Rate %: 7.55
Exp/SqFt: 3.9
Exp % of Gross: 50.52
Income
Gross Scheduled Rent: 258240
Vacancy Loss: 19519
Other Income: 22704
Adjusted Gross: 261425
Total Expenses: 132092
Net Opp Income: 129333
Expenses
Contract Services: 5766
Gas/Electric: 57413
Insurance: 1400
Maintenance Supplies: 20952
Management: 12966
Resident Manager: 10000
Taxes/Assessments: 8545
Water/Sewer: 15050
Interior Features
Interior Steps: No
Miscellaneous
Master Elec Meter: Yes
Master Gas Meter: Yes
Master Water Meter: Yes
Package Available: No
Property Features
Construction: Concrete Block
Main Cooling: Central Air
Sewer: Connected
Water: Public
Security: None
Terms: Conventional
Property Disclosures: Lead Based Paint; Military Airport Vct
Sold Info: Financing
Lead Paint Discl 
Listing Office: Long Realty Company
Last Updated: October - 26 - 2024
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