1337 E Allen Road, Tucson, AZ 85719
$1,505,000
Property Type:
Multi-Family
Square Footage:
26,626
Lot Size (sq. ft.):
17
Status:
Closed
Current Price:
$1,505,000
List Date:
1/12/2005
Last Modified:
10/26/2024
Description
MOUNTAIN VIEW APTS:BLDS 1337,1339&1341. VERY ATTRACTIVE APARTMENT COMPLEX LOCATED IN IDEAL AREA FOR UA & BUS LINES. COMPLEX IS SURROUNDED BY NICE QUIET SFR'S NEIGHBORHOODS AND HAS AN OPEN SPACIOUS LANDSCAPED CENTRAL COURTYARD WITH PLAYGROUND AND POOL AREA. MANY OF THE UNITS HAVE BEEN UPDATED. STUDIO IS CURRENTLY BEING USED AS AN OFFICE AND COULD BE RENTED TO GENERATE AN ADDITIONAL $5,000 PER YEAR. 5%ON-SITE MGMT FEE ADDED TO EXPENSE.OWNER MANAGED
More Information MLS# 2430596
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: 2004
Taxes: 10665
Assessments: 0
Legal Description: PTN E164'W328'N640'S660'NW4 NE4 2.10 AC SEC 30-13-14
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: Other/Unknown
Status Change Info
Off Market Date: 2005-05-16
Sold Price/SqFt: 56.52
Lot Sz Sold Prc/SqFt: 16.49
How Sold: Cash to Loan
Pending Date: 2005-03-30
Sold Date: 2005-05-16
Sold Price: $1,505,000
Showing Information
Directions: CAMPBELL & PRINCE NORTH TO ALLEN RD-WEST TO MOUNTAIN and Mountain View Apts...[NOTE:SEE MLS#2430608 AND 2430599 FOR MULTIPLE OFFERS]
General Property Information
Lot Dimensions: unknown
Lot Acres: 2.1
Lot Sqft: 91266
Lot Size Source: Assessor
List Price/SqFt: 60.62
Lot Size Price/SqFt: 17.68
Combined SqFt: 26626
Year Built: 1973
Unit Info
# of Units/Studios: 1
# of Units/2 BR: 33
Avg Mo Rent/2 BR: 510
Income
Vacancy Loss: 10098
Other Income: 3000
Adjusted Gross: 194862
Total Expenses: 68202
Gross Scheduled Rent: 201960
Net Opp Income: 126660
Analysis
Gross Rent Multi: 8.28
Vacancy Rate %: 5
Exp/SqFt: 2.56
Exp % of Gross: 35
Cap Rate %: 7.84
Construction
Frame - Stucco: 1
Expenses
Contract Services: 2000
Gas/Electric: 9500
Insurance: 7800
Maintenance Supplies: 9744
Resident Manager: 9743
Taxes/Assessments: 10665
Water/Sewer: 6435
Other Expenses: 12315
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
Conventional: 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: $1,505,000
Sold Price: $1,505,000
Listing Date: 2004-12-10
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: Conventional
Property Disclosures: Unknown
Sold Info: Financing
Documents
Lead Paint Discl ›Listing Office: Long Realty
Last Updated: October - 26 - 2024
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