2565 N Park Avenue, Tucson, AZ 85719
$1,463,000
Property Type:
Multi-Family
Square Footage:
13,206
Lot Size (sq. ft.):
35
Status:
Closed
Current Price:
$1,463,000
List Date:
12/15/2011
Last Modified:
12/06/2024
Description
Fully gated 39 unit apartment with swimming pool, Bar BQ area and Gazebo. 1.5 miles from U of A and Pima College. Units separatly metered. 100% occupied.
More Information MLS# 21131649
Address Information
Country: USA
Street #: 2565
Direction: N
Street Name: Park
Suffix: Avenue
State/Province: AZ
Zip Code: 85719
County: Pima
Location, Tax & Legal
Tax Year: 2010
Taxes: 12017
Assessments: 0
Legal Description: Ocotillo Park Lots 72,73,74,75
Township: 13
Community: None
Range: 14
Section: 31
Municipality/Zoning: Tucson - R3
Fire Protection: Included in Taxes
Tax Code: 113-09-162A
Area: Central
Subdivision: Ocotillo Park (40-76)
Contract Information
Distressed Info: None
Current Price: $1,463,000
Sold Price: $1,463,000
Listing Date: 2011-12-15
Status: Closed
Status Change Info
Off Market Date: 2012-04-13
Sold Price/SqFt: 110.78
Lot Sz Sold Prc/SqFt: 34.98
How Sold: Conventional
Pending Date: 2012-04-11
Sold Date: 2012-06-29
Sold Price: $1,463,000
Showing Information
Directions: Grant/Park north on Park to address
General Property Information
Lot Dimensions: 297 X 134
Lot Acres: 0.96
Lot Sqft: 41818
Lot Size Source: Assessor
List Price/SqFt: 113.21
Lot Size Price/SqFt: 35.75
Combined SqFt: 13206
Year Built: 1976
Unit Info
# of Units/Studios: 39
Avg Mo Rent/Studios: 383.25
Avg Mo Rent/1 BR: 0
Avg Mo Rent/2 BR: 0
Avg Mo Rent/3 BR: 0
Avg Mo Rent/Other: 0
Income
Vacancy Loss: 12859
Other Income: 2160
Adjusted Gross: 173261
Total Expenses: 27681
Gross Scheduled Rent: 183960
Net Opp Income: 145580
Analysis
Gross Rent Multi: 8.63
Vacancy Rate %: 6.99
Exp/SqFt: 2.1
Exp % of Gross: 15.98
Cap Rate %: 9.74
Construction
Slump Block: 1
Expenses
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 2300
Figures Presented: Actual
Gas/Electric: 4050
Insurance: 3505
Maintenance Supplies: 0
Management: 0
Resident Manager: 0
Taxes/Assessments: 10820
Water/Sewer: 7006
Other Expenses: 0
Sewer
Connected: 1
Water
Public: 1
Main Cooling
Wall Unit(s): 1
Main Heating
Electric: 1
Forced Air: 1
Terms
Cash: 1
Conventional: 1
Property Disclosures
Lead Based Paint: 1
Remarks Misc
Geo Lat: 32.253503
Geo Lon: -110.957198
Property Features
Construction: Slump Block
Main Cooling: Wall Unit(s)
Main Heating: Electric; Forced Air
Sewer: Connected
Water: Public
Terms: Cash; Conventional
Property Disclosures: Lead Based Paint
Listing Office: Long Realty Company
Last Updated: December - 06 - 2024
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