$1,950,000
Tucson, AZ 85718
MLS# 21627755
Status: Closed
26143 sqft
1 / 11
Property Description
Investor opportunity at 4701-4747 N 1st Ave. Professional office plaza consisting of 18 separate tenant spaces ranging from 495-3645 sf, 18 parcel #'s, all spaces are leased & a well maintained property. See appendix 1 for parcel #'s & legal descriptions. All units with heat pumps except 4 with combo of gas heat, electric AC.
Details
Maps
Documents
Address Information
Street #: 4713
Direction: N
Street Name: 1st Av
State/Province: AZ
Zip Code: 85718
County: Pima
Country: USA
Location Tax Legal
Tax Code: 105-09-3000
Area: North
Contract Information
Current Price: $1,950,000
Sold Price: $1,950,000
Listing Date: 2016-10-15
Status: Closed
Status Change Info
Off Market Date: 2016-12-02
Pending Date: 2016-12-31
Sold Date: 2017-01-09
Sold Price: $1,950,000
Sold Price/SqFt: 74.59
Lot Sz Sold Prc/SqFt: 19.46
Financing: Cash Owner Carryback
Showing Information
Directions: 1st Ave/ River Road South to Complex 4701-4749 N 1st Ave
General Property Information
# Units: 18
Year Built: 1974
Lot Dimensions: irregular
Lot Acres: 2.3
Lot Sqft: 100188
Lot Size Source: Assessor
Combined SqFt: 26143
Source of SqFt: Assessor
List Price/SqFt: 76.5
Lot Size Price/SqFt: 19.96
Remarks Misc
Geo Lat: 32.292702
Geo Lon: -110.961825
Income
Gross Scheduled Rent: 304896
Vacancy Loss: 30459
Total Expenses: 151232.55
Net Opp Income: 122904
Analysis
Vacancy Rate %: 9.99
Exp/SqFt: 5.78
Expenses
Admin Expenses: 19000
Contract Services: 30000
Figures Presented: Actual
Insurance: 10500
Management: 24000
Taxes/Assessments: 46432.55
Water/Sewer: 18000
Other Expenses: 3300
Property Features
A.D.A. Compliant: Yes
Sold Info
Est. Closing Date: 2017-01-09
Seller Paid Repairs: 37600
Property Features
Construction: Concrete Block
Main Cooling: Central Air
Main Heating: Heat Pump
Sewer: Connected
Water: Public
Terms: Cash; Conventional
Property Disclosures: Unknown
Tax Id & Legal Description 
Listing Office: Tierra Antigua Realty
Last Updated: December - 09 - 2024
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