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
Documents
Listing Office: RE/MAX Catalina Foothills
Last Updated: October - 26 - 2024

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