1241 W Roger Road, Tucson, AZ 85705
$2,700,000
Property Type:
Multi-Family
Square Footage:
43,152
Lot Size (sq. ft.):
30
Status:
Closed
Current Price:
$2,700,000
List Date:
6/22/2016
Last Modified:
12/09/2024
Description
Extremely well maintained property with over $100,000 spent in Capital improvements in the last year. Many long term tenants with high senior population. Large units with great unit mix. Features community wi-fi available, self-service laundry, on-site property manager, social events, pet park, library, courtyard, BBQ grill, picnic area and swimming pool.
More Information MLS# 21617350
Address Information
Country: USA
Street #: 1241
Direction: W
Street Name: Roger
Suffix: Road
State/Province: AZ
Zip Code: 85705
County: Pima
Location, Tax & Legal
Tax Year: 2015
Taxes: 27936.07
Assessments: 0
Legal Description: PTN N200.08' E701.4' NW4 NW4 EXC E16' &
Township: 13
Community: None
Range: 13
Section: 26
Municipality/Zoning: Tucson - R3
Fire Protection: Included in Taxes
Tax Code: 106-06-0120
Area: Central
Subdivision: N/A
Contract Information
Distressed Info: None
Current Price: $2,700,000
Sold Price: $2,700,000
Listing Date: 2016-06-21
Status: Closed
Status Change Info
Off Market Date: 2016-08-19
Sold Price/SqFt: 62.57
Lot Sz Sold Prc/SqFt: 28.25
How Sold: Conventional
Pending Date: 2016-09-26
Sold Date: 2016-10-27
Sold Price: $2,700,000
Showing Information
Directions: From Flowing Wells east on Roger Rd to address
General Property Information
Lot Dimensions: 660 X 144 +/-
Lot Acres: 4.16
Lot Sqft: 95564
Lot Size Source: Other
List Price/SqFt: 68.13
Lot Size Price/SqFt: 30.76
Combined SqFt: 43152
Year Built: 1964
Unit Info
Avg Mo Rent/Studios: 0
# of Units/1 BR: 24
Avg Mo Rent/1 BR: 579.17
# of Units/2 BR: 24
Avg Mo Rent/2 BR: 700
# of Units/3 BR: 8
Avg Mo Rent/3 BR: 875
Avg Mo Rent/Other: 0
Income
Vacancy Loss: 58812
Other Income: 4800
Adjusted Gross: 398388
Total Expenses: 180543
Gross Scheduled Rent: 452400
Net Opp Income: 217845
Analysis
Gross Rent Multi: 6.78
Vacancy Rate %: 13
Exp/SqFt: 4.18
Exp % of Gross: 45.32
Cap Rate %: 8.07
Construction
Concrete Block: 1
Expenses
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 7946
Figures Presented: Actual
Gas/Electric: 0
Insurance: 8501
Maintenance Supplies: 64356
Management: 10006
Resident Manager: 0
Taxes/Assessments: 27936
Water/Sewer: 53398
Other Expenses: 8400
Sewer
Connected: 1
Water
Water Company: Flowing Wells
Main Cooling
Central Air: 1
Evaporative Cooling: 1
Neighborhood Features
Gated Community: 1
Main Heating
Forced Air: 1
Natural Gas: 1
Terms
Cash: 1
Security
None: 1
Property Disclosures
Unknown: 1
Miscellaneous
Master Gas Meter: Yes
Master Water Meter: Yes
Package Available: Yes
Remarks Misc
Geo Lat: 32.279004
Geo Lon: -110.991908
Property Features
Construction: Concrete Block
Main Cooling: Central Air; Evaporative Cooling
Main Heating: Forced Air; Natural Gas
Sewer: Connected
Security: None
Neighborhood Features: Gated Community
Terms: Cash
Property Disclosures: Unknown
Listing Office: Long Realty Company
Last Updated: December - 09 - 2024
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