NOT LISTED FOR SALE
Studio
-- Bath
9,096 Sq Ft
0.82 Acre Lot

Sale Details

Date Sold: March 5, 2014

Last sale price $420,000 $46 Per Sq Ft

5 Days on Market

About This Home

As of March 2014

Property is well maintained with recent
renovations and updating. High cash flow
and many long term tenants. 3 houses,
2 duplexes and 8 park owned mobile homes..
15 units total. Located with easy access to airport, freeway and in path of development. Submit on owner carry back with $80,000 down.

Last Agent to Sell the Property

Daniel Biel

Realty Executives Arizona Territory Listed on: 02/28/2014

Last Buyer's Agent

Daniel Biel

Realty Executives Arizona Territory Listed on: 02/28/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 35,762 Sq Ft Lot

Home Design

  • 9,096 Sq Ft Home

Utilities

  • Central Air
  • Refrigerated and Evaporative Cooling System
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Fuel Expense $600
  • Insurance Expense $5,837
  • Professional Management Expense $5,600
  • New Taxes Expense $3,599
  • Operating Expense $15,636
  • Gross Income $73,751
  • Net Operating Income $58,115

Listing and Financial Details

  • $3,599 special tax assessment

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0.82 Acres

Listing Details

  • Property Type: Multi-Family
  • Miscellaneous Package Available: Yes
  • Unit Info Average Monthly Rent One Bedroom: 460.0
  • Unit Info Average Monthly Rent Two Bedroom: 506.0
  • Unit Info Average Monthly Rent Three Bedroom: 775.0
  • Unit Info Avg Mo Rent Other: 470.0
  • Unit Info Average Monthly Rent Studios: 395.0
  • LotSizeAcres: 0.82
  • Lot Size: irregular
  • CapRate: 13.84
  • Professional Management Expense: 5600.0
  • Co List Office Mls Id: 4983
  • Subdivision Name: Los Ranchitos
  • Location Tax Legal: Tax Year: 2012
  • Location Tax Legal: Community: None
  • Location Tax Legal: Municipality/Zoning: Tucson - MU
  • General Property Information: Lot Dimensions: irregular
  • General Property Information: List Price/SqFt: 48.92
  • General Property Information: Lot Size Price/SqFt: 12.44
  • Sewer: Connected: Yes
  • Main Cooling: Central Air: Yes
  • Main Cooling: Wall Unit(s): Yes
  • Main Cooling: Evaporative Cooling: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

  • Miscellaneous Master Gas Meter: No
  • Miscellaneous Master Water Meter: Yes
  • Utilities: Sewer Connected
  • Cooling: Central Air, Evaporative Cooling, Wall Unit(s)
  • Water Source: Public

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 600.0
  • Expenses Taxes Assessments: 3599.0

Lot Info

  • Lot Size Sq Ft: 35762.0
  • Zoning: Tucson - MU

Building Info

  • Year Built: 1959

Tax Info

  • Tax Year: 2012
  • New Taxes Expense: 3599.0

Multi Family

  • Annual Gross Income: 73751.0
  • Insurance Expense: 5837.0
  • Property Net Operating Income: 58115.0
  • Annual Operating Expense: 15636.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/05/2014 03/05/14 Sold $420,000 0.0% $46 / Sq Ft
02/27/2014 02/27/14 For Sale $420,000 -- $46 / Sq Ft
Source: MLS of Southern Arizona

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Map

Source: MLS of Southern Arizona

MLS Number: 21406307

MLS of Southern Arizona
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