2840 N Park Avenue, Tucson, AZ 85719
$1,317,000
Property Type:
Multi-Family
Square Footage:
14,197
Lot Size (sq. ft.):
19
Status:
Closed
Current Price:
$1,317,000
List Date:
8/05/2013
Last Modified:
12/07/2024
Description
3 tax codes 113-08-0540 & 113-08-0550 & 113-08-0560. 26 spacious 1- BR units in 7 single-story buildings. Great curb appeal. Each unit approx. 540sq ft. equipped with built in dresser, refrig., kitchen pantry and large private patio. Lots of shopping and restaurants nearby. One block off Mountain bike path to U of A (2840-2890 N. Park Ave.)
More Information MLS# 21320814
Address Information
Country: USA
Street #: 2840
Direction: N
Street Name: Park
Suffix: Avenue
State/Province: AZ
Zip Code: 85719
County: Pima
Location, Tax & Legal
Tax Year: 2012
Taxes: 11387
Assessments: 0
Legal Description: Lots 2 & 4 Catalina Poultry Acres Unit 1 bk 5 pg 70
Township: 13
Community: None
Range: 14
Section: 31
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
Tax Code: 113-08-0540
Area: Central
Subdivision: Catalina Poultry Acres NO 1
Contract Information
Distressed Info: None
Current Price: $1,317,000
Sold Price: $1,317,000
Listing Date: 2013-08-05
Status: Closed
Status Change Info
Off Market Date: 2013-10-14
Sold Price/SqFt: 92.77
Lot Sz Sold Prc/SqFt: 16.43
How Sold: Conventional
Pending Date: 2014-01-13
Sold Date: 2014-01-13
Sold Price: $1,317,000
Showing Information
Directions: Park/Glenn 1 block North to address 2840-2890 N. Park Ave.
General Property Information
Lot Dimensions: 314.80 x 254
Lot Acres: 1.84
Lot Sqft: 80150
Lot Size Source: Assessor
List Price/SqFt: 111.64
Lot Size Price/SqFt: 19.78
Combined SqFt: 14197
Year Built: 1977
Unit Info
Avg Mo Rent/Studios: 0
# of Units/1 BR: 26
Avg Mo Rent/1 BR: 578
Avg Mo Rent/2 BR: 0
Avg Mo Rent/3 BR: 0
Avg Mo Rent/Other: 0
Income
Vacancy Loss: 7917
Other Income: 3500
Adjusted Gross: 176634
Total Expenses: 60814
Gross Scheduled Rent: 181051
Net Opp Income: 115820
Analysis
Gross Rent Multi: 7.46
Vacancy Rate %: 4.37
Exp/SqFt: 4.28
Exp % of Gross: 34.43
Cap Rate %: 8.79
Construction
Frame - Stucco: 1
Expenses
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 6345
Figures Presented: Proforma
Gas/Electric: 839
Insurance: 5938
Maintenance Supplies: 25044
Management: 0
Resident Manager: 0
Taxes/Assessments: 11507
Water/Sewer: 11141
Other Expenses: 0
Sewer
Connected: 1
Water
Public: 1
Main Cooling
Central Air: 1
Main Heating
Electric: 1
Forced Air: 1
Terms
Cash: 1
Conventional: 1
Security
None: 1
Property Disclosures
Lead Based Paint: 1
Miscellaneous
Master Water Meter: Yes
Package Available: Yes
Remarks Misc
Geo Lat: 32.258633
Geo Lon: -110.956215
Property Features
Construction: Frame - Stucco
Main Cooling: Central Air
Main Heating: Electric; Forced Air
Sewer: Connected
Water: Public
Security: None
Terms: Cash; Conventional
Property Disclosures: Lead Based Paint
Listing Office: Long Realty Company
Last Updated: December - 07 - 2024
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