1337 E Allen Road, Tucson, AZ 85719 (MLS# 2319258)

1337 E Allen Road, Tucson, AZ 85719

$1,225,000
Property Type: Multi-Family Square Footage: 26,626 Lot Size (sq. ft.): 14 Status: Closed
Current Price: $1,225,000 List Date: 11/10/2003 Last Modified: 10/25/2024

Description

Mtn View apts. 1337,1339,1341 E. Allen Rd. 33 2BR & 1 studio units. Great location for this quailty apartment complex. Surrounded by attractive single family homes & nice apt. complex. Close to shopping, trans. & main traffic rds. Nice pool area, grassy landscaped interior & playground. New paint, many units have been refurbished & updated. Great invest opp! Do not disturb tenants.

More Information MLS# 2319258

Address Information

Country: USA Street #: 1337 Direction: E Street Name: Allen Suffix: Road State/Province: AZ Zip Code: 85719 County: Pima

Location, Tax & Legal

Tax Year: 2002 Taxes: 10200 Assessments: 0 Legal Description: Long Legal Attached Township: 13 Community: None Range: 14 Section: 30 Municipality/Zoning: Tucson - R2 Fire Protection: Included in Taxes Tax Code: 113-01-055B Area: Central Subdivision: Unsubdivided

Status Change Info

Off Market Date: 2004-03-12 Sold Price/SqFt: 46 Lot Sz Sold Prc/SqFt: 13.39 How Sold: Conventional Pending Date: 2003-12-18 Sold Date: 2004-03-12 Sold Price: $1,225,000

Showing Information

Directions: N on Campbell from Prince to Allen Rd W to address

General Property Information

Lot Dimensions: 0.00 Lot Acres: 2.1 Lot Sqft: 91476 Lot Size Source: Assessor List Price/SqFt: 48.45 Lot Size Price/SqFt: 14.1 Combined SqFt: 26626 Year Built: 1974

Unit Info

# of Units/Studios: 1 Avg Mo Rent/Studios: 375 # of Units/2 BR: 33 Avg Mo Rent/2 BR: 508

Income

Vacancy Loss: 16453 Other Income: 4000 Adjusted Gross: 193215 Total Expenses: 74903 Gross Scheduled Rent: 205668 Net Opp Income: 118312

Analysis

Gross Rent Multi: 6.67 Vacancy Rate %: 8 Exp/SqFt: 2.81 Exp % of Gross: 38.76 Cap Rate %: 9.17

Construction

Frame - Stucco: 1

Expenses

Admin Expenses: 1700 Contract Services: 4760 Gas/Electric: 10000 Insurance: 6500 Maintenance Supplies: 18190 Management: 11353 Taxes/Assessments: 10200 Water/Sewer: 12200

Sewer

Connected: 1

Water

Public: 1

Main Cooling

Central Air: 1

Main Heating

Forced Air: 1 Natural Gas: 1

Interior Features

Interior Steps: No

Terms

Cash: 1 Conventional: 1 Submit: 1

Security

None: 1

Sold Info

Financing: 1

Property Disclosures

Unknown: 1

Miscellaneous

Master Elec Meter: No Master Gas Meter: No Master Water Meter: Yes Package Available: Yes

Contract Information

Current Price: $1,225,000 Sold Price: $1,225,000 Listing Date: 2003-08-08 Status: Closed

Remarks Misc

Geo Lat: 32.276881 Geo Lon: -110.951579

Property Features

Construction: Frame - Stucco Main Cooling: Central Air Main Heating: Forced Air; Natural Gas Sewer: Connected Water: Public Security: None Terms: Cash; Conventional; Submit Property Disclosures: Unknown Sold Info: Financing
Listing Office: Coldwell Banker Realty
Last Updated: October - 25 - 2024
1337 E Allen Road, Tucson, AZ 85719- MLS# 2319258
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