2950 N Alvernon Way, Tucson, AZ 85712 (MLS# 21627972)

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
Listing Office: Keller Williams Southern Arizona
Last Updated: September - 03 - 2025
2950 N Alvernon Way, Tucson, AZ 85712- MLS# 21627972
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