2950 N Alvernon Way, Tucson, AZ 85712
$1,332,043.58
































Property Type:
Multi-Family
Square Footage:
957
Lot Size (sq. ft.):
72,500,000
Status:
Closed
Current Price:
$1,332,043.58
List Date:
10/18/2016
Last Modified:
9/03/2025
Description
Desert Oasis with updated townhouses priced to sell. Within the complex, you can find lush grass, high rising palms trees, and a sparkling pool. Another added benefit is the off street, gated and covered parking. There are three different coin operated laundry rooms.
More Information MLS# 21627972
Address Information
Country: USA
Street #: 2950
Direction: N
Street Name: Alvernon
Suffix: Way
State/Province: AZ
Zip Code: 85712
County: Pima
Location, Tax & Legal
Tax Year: 2015
Taxes: 17686
Assessments: 0
Legal Description: WILLOW GARDENS CONDOMINIUMS LOT A
COMMON AREA
Township: 13
Community: None
Range: 14
Section: 34
Municipality/Zoning: Tucson - R3
Fire Protection: Included in Taxes
Tax Code: 110-06-4120
Area: Central
Subdivision: N/A
Contract Information
Distressed Info: None
Current Price: $1,332,043.58
Sold Price: $1,332,043.58
Listing Date: 2016-10-18
Status: Closed
Status Change Info
Off Market Date: 2016-11-01
Sold Price/SqFt: 1391.9
Lot Sz Sold Prc/SqFt: 66602179
How Sold: Cash
Pending Date: 2016-11-08
Sold Date: 2016-11-18
Sold Price: $1,332,043.58
Showing Information
Directions: North on Alvernon past Glenn to property.
General Property Information
Lot Dimensions: Unknown
Lot Acres: 0
Lot Sqft: 0.02
Lot Size Source: Appraiser
List Price/SqFt: 1515.15
Lot Size Price/SqFt: 72500000
Combined SqFt: 957
Year Built: 1973
Unit Info
Avg Mo Rent/Studios: 0
# of Units/1 BR: 3
Avg Mo Rent/1 BR: 500
# of Units/2 BR: 33
Avg Mo Rent/2 BR: 650
Avg Mo Rent/3 BR: 0
Avg Mo Rent/Other: 0
Income
Vacancy Loss: 0
Other Income: 2000
Adjusted Gross: 206123
Total Expenses: 137740
Gross Scheduled Rent: 204123
Net Opp Income: 68383
Analysis
Gross Rent Multi: 6.46
Vacancy Rate %: 0
Exp/SqFt: 143.93
Exp % of Gross: 66.82
Cap Rate %: 5.13
Construction
Frame - Stucco: 1
Expenses
Admin Expenses: 75600
Capital Expenses: 0
Contract Services: 5000
Figures Presented: Actual
Gas/Electric: 0
Insurance: 10366
Maintenance Supplies: 2122
Management: 26966
Resident Manager: 0
Taxes/Assessments: 17686
Water/Sewer: 0
Other Expenses: 0
Sewer
Connected: 1
Water
Public: 1
Main Cooling
Central Air: 1
Main Heating
Forced Air: 1
Natural Gas: 1
Terms
Cash: 1
Conventional: 1
Security
None: 1
Sold Info
Seller Concessions: 0
Property Disclosures
Military Airport Vct: 1
Remarks Misc
Geo Lat: 32.261142
Geo Lon: -110.909579
Property Features
Construction: Frame - Stucco
Main Cooling: Central Air
Main Heating: Forced Air; Natural Gas
Sewer: Connected
Water: Public
Security: None
Terms: Cash; Conventional
Property Disclosures: Military Airport Vct
Documents
Listing Office: Keller Williams Southern Arizona
Last Updated: September - 03 - 2025

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