$1,800,000
Tucson, AZ 85712
MLS# 21331192
Status: Closed
27020 sqft
1 / 4
Property Description
Gated 28 single story condominiums in clusters of four. Fourteen 900 Sq FT 2 bedroom and Fourteen 1200 SQ Ft 3 bedroom units. Separate laundry facilities, pool, ramada, and covered parking. Individually fenced yards. Nice common areas between clusters. Individually fenced yards. Nice common areas from Tucson Medical Center and half block to Ft. Lowell Park. Approved Condo Map.
Details
Maps
Address Information
Street #: 5301
Direction: E
Street Name: Glenn
Suffix: Street
State/Province: AZ
Zip Code: 85712
County: Pima
Country: USA
Location Tax Legal
Tax Code: 110-08-4360
Area: Central
Subdivision: Glenn Terrace Condominiums
Contract Information
Current Price: $1,800,000
Sold Price: $1,800,000
Listing Date: 2013-11-18
Status: Closed
Distressed Info: None
Status Change Info
Off Market Date: 2014-03-01
Pending Date: 2014-04-24
Sold Date: 2014-04-30
Sold Price: $1,800,000
Sold Price/SqFt: 66.62
Lot Sz Sold Prc/SqFt: 20.98
How Sold: Conventional
Showing Information
Directions: Glenn/Craycroft West to address (Glenn & Beverly).
General Property Information
Lot Dimensions: Irregular
Lot Acres: 1.97
Lot Sqft: 85813
Lot Size Source: Assessor
Combined SqFt: 27020
Year Built: 1972
List Price/SqFt: 78.65
Lot Size Price/SqFt: 24.76
Remarks Misc
Geo Lat: 32.258217
Geo Lon: -110.879385
Unit Info
# of Units/1 BR: 14
Avg Mo Rent/1 BR: 725
# of Units/2 BR: 14
Avg Mo Rent/2 BR: 850
Analysis
Cap Rate %: 8.21
Gross Rent Multi: 7.27
Vacancy Rate %: 7.5
Exp/SqFt: 3.7
Exp % of Gross: 40.39
Income
Gross Scheduled Rent: 264600
Vacancy Loss: 19845
Other Income: 3000
Adjusted Gross: 247755
Total Expenses: 100056
Net Opp Income: 147699
Expenses
Contract Services: 2478
Gas/Electric: 6194
Insurance: 9910
Maintenance Supplies: 19820
Management: 24776
Taxes/Assessments: 17058
Water/Sewer: 19820
Figures Presented: Proforma
Miscellaneous
Master Water Meter: Yes
Package Available: Yes
Property Features
Construction: Brick
Main Cooling: Central Air
Main Heating: Forced Air; Natural Gas
Sewer: Connected
Water: Public
Neighborhood Features: Gated Community
Terms: Cash; Conventional
Property Disclosures: Lead Based Paint; Military Airport Vct
Listing Office: Long Realty Company
Last Updated: December - 08 - 2024
Warning: Undefined array key "CompensationDisclaimer" in /srv/users/ems/apps/ems-website/public/wp-content/plugins/flexmls-idx/pages/listing-details.php on line 711
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.