$1,500,000
Tucson, AZ 85705
MLS# 21922986
Status: Closed
18456 sqft
Property Description
Los Altos Apartment complex. 28 units in the heart of Tucson. Agent/Owner
Details
Maps
Address Information
Street #: 501
Direction: E
Street Name: Glenn
Suffix: Street
State/Province: AZ
Zip Code: 85705
County: Pima
Country: USA
Location Tax Legal
Tax Code: 107-12-319A
Area: Central
Contract Information
Current Price: $1,500,000
Sold Price: $1,500,000
Listing Date: 2019-09-04
Status: Closed
Method of Title: Fee (Simple)
Short Sale: No
Status Change Info
Off Market Date: 2019-09-04
Pending Date: 2019-09-04
Sold Date: 2019-09-04
Sold Price: $1,500,000
Sold Price/SqFt: 81.27
Lot Sz Sold Prc/SqFt: 18.38
Financing: Cash
General Property Information
Property Sub-Type: Apartment
# Units: 28
Multi-Tenant: Yes
Year Built: 1978
Lot Dimensions: 340 x 240
Lot Acres: 1.87
Lot Sqft: 81600
Lot Size Source: Other
Combined SqFt: 18456
Source of SqFt: Other
List Price/SqFt: 81.27
Lot Size Price/SqFt: 18.38
Remarks Misc
Geo Lat: 32.258063
Geo Lon: -110.962766
Showing Information
Directions: Grant Rd and 1st Ave, North on 1st Ave, Left on Glenn to address on Right.
Income
Gross Scheduled Rent: 187500
Vacancy Loss: 27300
Analysis
Vacancy Rate %: 14.56
Expenses
Gas/Electric: 5567
Insurance: 4675
Maintenance Supplies: 8508
Management: 2000
Water/Sewer: 18773
Other Expenses: 18929
Unit Information
Apartment: Low Rise
Apartment Unit Information
# of Units/1 BR: 12
Avg Mo Rent/1 BR: 535
# of Units/2 BR: 16
Avg Mo Rent/2 BR: 585
Property Features
Construction: Frame - Stucco
Roof: Built-Up
Fenced Storage: No
Main Cooling: Central Air; Evaporative Cooling
Main Heating: Forced Air; Natural Gas
Water Heater: Electric
Gas: None
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Fence: Chain Link; Wrought Iron
Landscape - Front: Low Care
Landscape - Rear: Low Care
Road Type: Paved
Parking: Paved Parking
Lot Features: Adjacent to Alley; Corner Lot; North/South Exposure
Business Location: Corner Lot
Traffic Count: Not Available
Terms: Cash; Conventional; Owner Carry
Possession: Immediate
Submit With Offer: Digital Signature Accepted; Income Property Addendum; Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Lead Based Paint
Special Conditions: None
Restrictions: CC&R; Deed
Listing Office: Realty Executives Arizona Territory
Last Updated: December - 12 - 2024
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