3737 E Bellevue Street, Tucson, AZ 85716 (MLS# 2421432)

3737 E Bellevue Street, Tucson, AZ 85716

$1,525,000
Property Type: Multi-Family Square Footage: 26,820 Lot Size (sq. ft.): 22 Status: Closed
Current Price: $1,525,000 List Date: 12/02/2004 Last Modified: 10/26/2024

Description

BELLEVUE WINSTEL APTS *DRIVE BY ONLY- DO NOT CONTACT MGR OR TENANTS* 9.2% RETURN - 7.2 X GROSS 7.23 CAP - SOLID MASONRY & STEEL CONST GREAT CENTRAL AREA - CONTACT BROKER FOR ADDITIONAL INFO.

More Information MLS# 2421432

Address Information

Country: USA Street #: 3737 Direction: E Street Name: Bellevue Suffix: Street State/Province: AZ Zip Code: 85716 County: Pima

Location, Tax & Legal

Tax Year: 2003 Taxes: 15490 Assessments: 0 Legal Description: SPEEDWAY PARK LOTS 9 & 10 BLOCK 10 EXC SPDRL IN SE CORNER Township: 14 Community: None Range: 14 Section: 4 Municipality/Zoning: Tucson - R2 Fire Protection: Included in Taxes Tax Code: 122-18-208A Area: Central Subdivision: Speedway Park

Status Change Info

Off Market Date: 2005-02-28 Sold Price/SqFt: 56.86 Lot Sz Sold Prc/SqFt: 21.22 How Sold: Conventional Pending Date: 2004-12-02 Sold Date: 2005-02-28 Sold Price: $1,525,000

Showing Information

Directions: SPEEDWAY & ALVERNON N TO BELLEVUE W TO ADDRESS

General Property Information

Lot Dimensions: 0 Lot Acres: 1.65 Lot Sqft: 71866 Lot Size Source: Assessor List Price/SqFt: 59.66 Lot Size Price/SqFt: 22.26 Combined SqFt: 26820 Year Built: 1975

Unit Info

# of Units/1 BR: 16 Avg Mo Rent/1 BR: 441 # of Units/2 BR: 24 Avg Mo Rent/2 BR: 516

Income

Vacancy Loss: 18672 Other Income: 7571 Adjusted Gross: 222299 Total Expenses: 106637 Gross Scheduled Rent: 233400 Net Opp Income: 115662

Analysis

Gross Rent Multi: 7.19 Vacancy Rate %: 8 Exp/SqFt: 3.97 Exp % of Gross: 47.97 Cap Rate %: 7.22

Construction

Concrete Block: 1

Expenses

Admin Expenses: 3141 Gas/Electric: 16322 Insurance: 6240 Maintenance Supplies: 21841 Management: 13358 Resident Manager: 18747 Taxes/Assessments: 15490 Water/Sewer: 11498

Sewer

Connected: 1

Water

Public: 1

Main Cooling

Central Air: 1

Main Heating

Forced Air: 1 Natural Gas: 1

Interior Features

Interior Steps: No

Terms

Conventional: 1

Security

None: 1

Sold Info

Financing: 1

Property Disclosures

Lead Based Paint: 1

Miscellaneous

Master Elec Meter: No Master Gas Meter: Yes Master Water Meter: Yes Package Available: Yes

Contract Information

Current Price: $1,525,000 Sold Price: $1,525,000 Listing Date: 2004-08-20 Status: Closed

Remarks Misc

Geo Lat: 32.238476 Geo Lon: -110.912319

Property Features

Construction: Concrete Block Main Cooling: Central Air Main Heating: Forced Air; Natural Gas Sewer: Connected Water: Public Security: None Terms: Conventional Property Disclosures: Lead Based Paint Sold Info: Financing
Listing Office: RE/MAX Catalina Foothills
Last Updated: October - 26 - 2024
3737 E Bellevue Street, Tucson, AZ 85716- MLS# 2421432
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