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
Documents
Listing Office: Coldwell Banker Realty
Last Updated: October - 25 - 2024

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