501 E Glenn Street, Tucson, AZ 85705
$1,500,000
Property Type:
Commercial
Square Footage:
18,456
Lot Size (sq. ft.):
18
Status:
Closed
Current Price:
$1,500,000
List Date:
9/04/2019
Last Modified:
12/12/2024
Description
Los Altos Apartment complex. 28 units in the heart of Tucson. Agent/Owner
More Information MLS# 21922986
Address Information
Country: USA
Street #: 501
Direction: E
Street Name: Glenn
Suffix: Street
State/Province: AZ
Zip Code: 85705
County: Pima
Location, Tax & Legal
Tax Year: 2018
Taxes: 10950.57
Assessments: 0
Legal Description: Coronado Heights Lots 7 & 10 Blk 32
Development Name: Los Altos Apartments
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Tax Code: 107-12-319A
Area: Central
Contract Information
Method of Title: Fee (Simple)
Short Sale: No
Current Price: $1,500,000
Sold Price: $1,500,000
Listing Date: 2019-09-04
Status: Closed
Status Change Info
Off Market Date: 2019-09-04
Sold Price/SqFt: 81.27
Lot Sz Sold Prc/SqFt: 18.38
Financing: Cash
Pending Date: 2019-09-04
Sold Date: 2019-09-04
Sold Price: $1,500,000
Showing Information
Directions: Grant Rd and 1st Ave, North on 1st Ave, Left on Glenn to address on Right.
General Property Information
Property Sub-Type: Apartment
# Units: 28
Lot Dimensions: 340 x 240
Lot Acres: 1.87
Lot Sqft: 81600
Multi-Tenant: Yes
Lot Size Source: Other
Source of SqFt: Other
List Price/SqFt: 81.27
Lot Size Price/SqFt: 18.38
Year Built: 1978
Combined SqFt: 18456
Income
Vacancy Loss: 27300
Gross Scheduled Rent: 187500
Gas
None: 1
Analysis
Vacancy Rate %: 14.56
Construction
Frame - Stucco: 1
Expenses
Gas/Electric: 5567
Insurance: 4675
Maintenance Supplies: 8508
Management: 2000
Water/Sewer: 18773
Other Expenses: 18929
Sewer
Connected: 1
Unit Information
Apartment: Low Rise
Apartment Unit Information
# of Units/1 BR: 12
Avg Mo Rent/1 BR: 535
# of Units/2 BR: 16
Avg Mo Rent/2 BR: 585
Roof
Built-Up: 1
Water
Public: 1
Fence
Chain Link: 1
Wrought Iron: 1
Road Type
Paved: 1
Fenced Storage
No: 1
Lot Features
Adjacent to Alley: 1
Corner Lot: 1
North/South Exposure: 1
Main Cooling
Central Air: 1
Evaporative Cooling: 1
Main Heating
Forced Air: 1
Natural Gas: 1
Water Heater
Electric: 1
Terms
Cash: 1
Conventional: 1
Owner Carry: 1
Submit With Offer
Digital Signature Accepted: 1
Income Property Addendum: 1
Loan Pre-Qualifiaction: 1
Proof of Funds: 1
Accessibility Option
None: 1
Security
None: 1
Sold Info
Seller Concessions: 0
Landscape - Front
Low Care: 1
Landscape - Rear
Low Care: 1
Parking
Paved Parking: 1
Business Location
Corner Lot: 1
Freeway/Highway
2.1 - 5 Mile: 1
Traffic Count
Not Available: 1
Possession
Immediate: 1
Restrictions
CC&R: 1
Deed: 1
Property Disclosures
Lead Based Paint: 1
Special Conditions
None: 1
Remarks Misc
Geo Lat: 32.258063
Geo Lon: -110.962766
Property Features
Construction: Frame - Stucco
Roof: Built-Up
Fenced Storage: No
Main Cooling: Central Air; Evaporative Cooling
Main Heating: Forced Air; Natural Gas
Water Heater: Electric
Gas: None
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Fence: Chain Link; Wrought Iron
Landscape - Front: Low Care
Landscape - Rear: Low Care
Road Type: Paved
Parking: Paved Parking
Lot Features: Adjacent to Alley; Corner Lot; North/South Exposure
Business Location: Corner Lot
Traffic Count: Not Available
Terms: Cash; Conventional; Owner Carry
Possession: Immediate
Submit With Offer: Digital Signature Accepted; Income Property Addendum; Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Lead Based Paint
Special Conditions: None
Restrictions: CC&R; Deed
Listing Office: Realty Executives Arizona Territory
Last Updated: December - 12 - 2024
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