1440 S Craycroft Road, Tucson, AZ 85711
$1,360,600
Property Type:
Commercial
Square Footage:
28,471
Status:
Closed
Current Price:
$1,360,600
List Date:
2/07/1996
Last Modified:
10/25/2024
Description
Cash,Nconv,Submit. 70 Suites Hotel,Central,Near Dm-afb.Well Maint.9.8%cap,W/Upside Potential.56% Occ Rate/'95.Htd Pool. N.I.C.=all Furnishings In Suite 137+4 Paintin Gs In Lobby+coin Op.Laundry Mach's.Owner Is Lic. R.E.Agt In Az.
More Information MLS# 9602405
Address Information
Country: USA
Street #: 1440
Direction: S
Street Name: Craycroft
Suffix: Road
State/Province: AZ
Zip Code: 85711
County: Pima
Location, Tax & Legal
Tax Year: 1995
Taxes: 35880
Assessments: 0
Legal Description: Sec 23 T14 R14 (Long Legal In -lo, Includes 2 Parcels).
Municipality/Zoning: Tucson - B1
Tax Code: 131-01-014H
Area: Central
Status Change Info
Off Market Date: 1996-07-03
Sold Price/SqFt: 47.78
Financing: Cash
Pending Date: 1996-04-11
Sold Date: 1996-07-03
Sold Price: $1,360,600
Showing Information
Directions: S-craycroft Frm 22nd St
General Property Information
# Units: 70
Lot Dimensions: 373X175X373X175
Source of SqFt: Assessor
List Price/SqFt: 52.25
Year Built: 1982
Combined SqFt: 28471
Electric
3 Phase Power: No
Master Meter: No
Income
Other Income: 23211
Adjusted Gross: 772361
Total Expenses: 193382
Gross Scheduled Rent: 749150
Net Opp Income: 578979
Analysis
Gross Rent Multi: 1.92
Exp/SqFt: 6.79
Exp % of Gross: 25.03
Cap Rate %: 38.91
Construction
Frame - Stucco: 1
Expenses
Contract Services: 22063
Gas/Electric: 69305
Insurance: 13722
Maintenance Supplies: 55863
Taxes/Assessments: 32429
Sewer
Connected: 1
Water
Public: 1
Property Features
A.D.A. Compliant: No
Phase 1 Report: No
Main Heating
Wall Furnace: 1
Terms
Owner Carry: 1
Submit: 1
Contract Information
Current Price: $1,360,600
Sold Price: $1,360,600
Listing Date: 1996-02-07
Status: Closed
Remarks Misc
Geo Lat: 32.203182
Geo Lon: -110.875616
Property Features
Construction: Frame - Stucco
Main Heating: Wall Furnace
Sewer: Connected
Water: Public
Terms: Owner Carry; Submit
Listing Office: Coldwell Banker Realty
Last Updated: October - 25 - 2024
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