2706 N Silverbell Road, Tucson, AZ 85745
$1,200,000


Property Type:
Multi-Family
Square Footage:
297,950
Lot Size (sq. ft.):
4
Status:
Closed
Current Price:
$1,200,000
List Date:
7/18/2005
Last Modified:
10/26/2024
Description
MHP 42 of 45 lots leased. Room for more units, RV Storage? Development? Great part of growing area of town. New homes on two sides.
More Information MLS# 2515762
Address Information
Country: USA
Street #: 2706
Direction: N
Street Name: Silverbell
Suffix: Road
State/Province: AZ
Zip Code: 85745
County: Pima
Location, Tax & Legal
Tax Year: 2004
Taxes: 6333
Assessments: 0
Legal Description: Irr Par Embracing Se Pt OF Sw4 Ne4 & Pt OF N668' of N2 Se4 Lyg E OF Silverbell Rd 6.84 Ac
Township: 13
Community: None
Range: 13
Section: 33
Municipality/Zoning: Tucson - R1
Fire Protection: None
Tax Code: 103-21-025C
Area: West
Subdivision: Other/Unknown
Status Change Info
Off Market Date: 2005-08-31
Sold Price/SqFt: 4.02
Lot Sz Sold Prc/SqFt: 4.02
How Sold: Cash Owner Carryback
Pending Date: 2005-08-12
Sold Date: 2005-08-31
Sold Price: $1,200,000
Showing Information
Directions: I-10 to Grant Road West to Silverbell North to 2706
General Property Information
Lot Dimensions: 6.84 Acres
Lot Acres: 6.84
Lot Sqft: 297950
Lot Size Source: Assessor
List Price/SqFt: 4.2
Lot Size Price/SqFt: 4.19
Combined SqFt: 297950
Year Built: 1913
Unit Info
# of Units/Studios: 45
Avg Mo Rent/Studios: 240
Income
Vacancy Loss: 8640
Adjusted Gross: 113520
Total Expenses: 16275
Gross Scheduled Rent: 122160
Net Opp Income: 97245
Analysis
Gross Rent Multi: 11.01
Vacancy Rate %: 7.07
Exp/SqFt: 0.05
Exp % of Gross: 14.33
Cap Rate %: 7.77
Construction
Other: 1
Expenses
Admin Expenses: 2475
Insurance: 4967
Maintenance Supplies: 2500
Taxes/Assessments: 6333
Sewer
Septic: 1
Main Heating
None: 1
Interior Features
Interior Steps: No
Terms
Owner Carry: 1
Security
None: 1
Sold Info
Financing: 1
Property Disclosures
Unknown: 1
Miscellaneous
Master Elec Meter: No
Master Gas Meter: No
Master Water Meter: No
Package Available: Yes
Contract Information
Current Price: $1,200,000
Sold Price: $1,200,000
Listing Date: 2005-06-08
Status: Closed
Remarks Misc
Geo Lat: 32.257168
Geo Lon: -111.016563
Property Features
Construction: Other
Main Heating: None
Sewer: Septic
Security: None
Terms: Owner Carry
Property Disclosures: Unknown
Sold Info: Financing
Documents
Listing Office: Coldwell Banker Realty
Last Updated: October - 26 - 2024

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