5121-5171 E 29Th Street, Tucson, AZ 85711
$5,765,000
Property Type:
Multi-Family
Square Footage:
83,348
Lot Size (sq. ft.):
31
Status:
Closed
Current Price:
$5,765,000
List Date:
3/17/2017
Last Modified:
12/09/2024
Description
This includes two properties Rosemont Gardens 5121 E 29th and Casa de Oro 5271 E 29th. These operate at a constant 90% plus occupancy. Rosemont Gardens is security fenced. Community amenities include Pool, Spa, Playground, BBQ, Basketball Ct, and laundry room. 2-tax codes 131-03-22A and B.
More Information MLS# 21707431
Address Information
Country: USA
Street #: 5121-5171
Direction: E
Street Name: 29Th
Suffix: Street
State/Province: AZ
Zip Code: 85711
County: Pima
Location, Tax & Legal
Comparable Only Listing: No
Tax Year: 2016
Taxes: 58845
Assessments: 0
Taxes For: Dwelling & Land
Legal Description: Mayfair Terrace NO 2E313.83' M/L W839.55' Lot A &
Township: 14
Community: None
Range: 14
Section: 23
Municipality/Zoning: Tucson - 03
Fire Protection: None
FEMA Flood Zone: No
Municipal Flood Zone: No
Tax Code: 131-03-222A
Area: Central
Subdivision: Mayfair Terrace
Contract Information
Method of Title: Fee (Simple)
Distressed Info: None
Current Price: $5,765,000
Sold Price: $5,765,000
Listing Date: 2017-03-17
Status: Closed
Status Change Info
Off Market Date: 2017-07-10
Sold Price/SqFt: 69.17
Lot Sz Sold Prc/SqFt: 30.29
How Sold: Conventional
Pending Date: 2017-07-10
Sold Date: 2017-09-27
Sold Price: $5,765,000
Showing Information
Directions: Between Swan and Craycroft on 29th St
General Property Information
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: irregular
Lot Acres: 4.37
Total Parking: 0
Lot Sqft: 190356
Lot Size Source: Assessor
Horse Property: No
School District: TUSD
Elementary School: Myers/Ganoung
High School: Rincon
Horse Facilities: No
List Price/SqFt: 71.99
Lot Size Price/SqFt: 31.52
Combined SqFt: 83348
Year Built: 1978
Unit Info
Avg Mo Rent/Studios: 0
# of Units/1 BR: 104
Avg Mo Rent/1 BR: 450
# of Units/2 BR: 48
Avg Mo Rent/2 BR: 550
Avg Mo Rent/3 BR: 0
Avg Mo Rent/Other: 0
Electric
Electric Company: TEP
Unit 1 Information
Occupancy: Yes
Stories: Two
Floor: 1st
Furnished: No
Parking: On Property
Income
Vacancy Loss: 26438
Other Income: 82518
Adjusted Gross: 937360
Total Expenses: 460545
Gross Scheduled Rent: 881280
Net Opp Income: 476815
Gas
None: 1
Analysis
Gross Rent Multi: 6.15
Vacancy Rate %: 3
Exp/SqFt: 5.53
Exp % of Gross: 49.13
Cap Rate %: 8.27
Construction
Frame - Stucco: 1
Expenses
Admin Expenses: 10400
Capital Expenses: 0
Contract Services: 5086
Figures Presented: Proforma
Gas/Electric: 0
Insurance: 30400
Maintenance Supplies: 69347
Management: 116784
Resident Manager: 0
Taxes/Assessments: 58845
Water/Sewer: 169349
Other Expenses: 334
Style
Other: Apt Complex
Sewer
Connected: 1
Roof
Membrane: 1
Water
Public: 1
Living Areas
None: 1
Dining Areas
Breakfast Nook: 1
Fence
Chain Link: 1
Dining Room
None: 1
View
Mountain(s): 1
Breakfast
None: 1
Road Type
Paved: 1
Kitchen Features
Double Sink: 1
Road Maintenance
City: 1
Lot Features
Adjacent to Alley: 1
Main Cooling
Central Air: 1
Evaporative Cooling: 1
Wall Unit(s): 1
Laundry
Facility: 1
Neighborhood Features
Gated Community: 1
Main Heating
Wall Furnace: 1
Extra Room
None: 1
Water Heater
Electric: 1
Association & Fees
HOA: No
Interior Features
Smoke Detector: 1
Bathroom Features
Shower & Tub/Hall: 1
Terms
Cash: 1
Conventional: 1
Floor Covering
Carpet: 1
Other: laminate
Submit With Offer
Proof of Funds: 1
Window Covering
Some: 1
Accessibility Option
None: 1
Technology
Cable TV: 1
High Speed Internet: 1
Telephone: 1
Security
None: 1
Sold Info
Seller Concessions: 0
Landscape - Front
Low Care: 1
Landscape - Rear
Low Care: 1
Patio/Deck
Patio: 1
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Landscaping: Owner
Pool/Spa Maintenance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Tenant
Pool
Community: 1
Property Disclosures
Unknown: 1
Spa
None: 1
Special Conditions
None: 1
Driveway
None: 1
RV Parking
Other: none
Exterior Feature
Barbecue: 1
Courtyard: 1
Subdivision Restrict
Age Restrictions: No
CC&Rs: No
Deed Restrictions: No
Assoc Amenities
None: 1
Home Protection
Offered: No
Miscellaneous
Master Water Meter: Yes
Package Available: Yes
Remarks Misc
Geo Lat: 32.200121
Geo Lon: -110.882741
Property Features
Construction: Frame - Stucco
Roof: Membrane
Living Areas: None
Dining Areas: Breakfast Nook
Dining Room: None
Breakfast: None
Kitchen Features: Double Sink
Bathroom Features: Shower & Tub/Hall
Laundry: Facility
Extra Room: None
Interior Features: Smoke Detector
Floor Covering: Carpet
Window Covering: Some
Technology: Cable TV; High Speed Internet; Telephone
Main Cooling: Central Air; Evaporative Cooling; Wall Unit(s)
Main Heating: Wall Furnace
Water Heater: Electric
Gas: None
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Pool: Community
Spa: None
Fence: Chain Link
Landscape - Front: Low Care
Landscape - Rear: Low Care
View: Mountain(s)
Road Type: Paved
Driveway: None
Exterior Feature: Barbecue; Courtyard
Lot Features: Adjacent to Alley
Neighborhood Features: Gated Community
Assoc Amenities: None
Terms: Cash; Conventional
Submit With Offer: Proof of Funds
Property Disclosures: Unknown
Special Conditions: None
Listing Office: Long Realty Company
Last Updated: December - 09 - 2024
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo.
All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.