5255 E 29th Street, Tucson, AZ 85711
$1,200,000
Property Type:
Multi-Family
Square Footage:
30,240
Status:
Closed
Current Price:
$1,200,000
List Date:
4/23/2001
Last Modified:
10/25/2024
Description
$15,000/Unit Kachina Court - A Well Maintaned Block & Steel 2 Story Complex - Roof Replaced/Recoated - No Deferred Maintance. 1 Pool 2 Laundries - Assume 7.44% Loan - Do Not Disturb Tenants - Call Broker To Show Colisted W Jim Briggs 906-0754.
More Information MLS# 2101320
Address Information
Country: USA
Street #: 5255
Direction: E
Street Name: 29th
Suffix: Street
State/Province: AZ
Zip Code: 85711
County: Pima
Location, Tax & Legal
Tax Year: 1999
Taxes: 14049
Assessments: 15705
Legal Description: Mayfair Terrace #2 E-420.67'
Township: 14
Community: None
Range: 14
Section: 23
Municipality/Zoning: Tucson - O3
Fire Protection: Included in Taxes
Tax Code: 131-03-222C
Area: Central
Subdivision: Mayfair Terrace NO. 2
Status Change Info
Off Market Date: 2001-08-01
Sold Price/SqFt: 39.68
How Sold: Cash to Loan
Pending Date: 2001-01-23
Sold Date: 2001-08-01
Sold Price: $1,200,000
Showing Information
Directions: Craycroft S To 29th W To Address
General Property Information
List Price/SqFt: 41.67
Combined SqFt: 30240
Year Built: 1979
Unit Info
# of Units/Studios: 84
Avg Mo Rent/Studios: 295
Income
Vacancy Loss: 35500
Other Income: 7000
Adjusted Gross: 268500
Total Expenses: 122300
Gross Scheduled Rent: 297000
Net Opp Income: 146200
Analysis
Gross Rent Multi: 4.69
Vacancy Rate %: 11.95
Exp/SqFt: 4.04
Exp % of Gross: 45.54
Cap Rate %: 11.6
Construction
Slump Block: 1
Expenses
Admin Expenses: 5900
Capital Expenses: 8400
Contract Services: 1500
Figures Presented: Actual
Gas/Electric: 11600
Insurance: 2800
Maintenance Supplies: 15800
Management: 16500
Resident Manager: 36400
Taxes/Assessments: 14000
Water/Sewer: 9400
Sewer
Connected: 1
Water
Public: 1
Main Cooling
Wall Unit(s): 1
Main Heating
Wall Furnace: 1
Interior Features
Interior Steps: No
Security
None: 1
Sold Info
Financing: 1
Property Disclosures
Unknown: 1
Miscellaneous
Master Elec Meter: No
Master Gas Meter: No
Master Water Meter: Yes
Package Available: Yes
Contract Information
Current Price: $1,200,000
Sold Price: $1,200,000
Listing Date: 2001-01-15
Status: Closed
Remarks Misc
Geo Lat: 32.200118
Geo Lon: -110.880205
Property Features
Construction: Slump Block
Main Cooling: Wall Unit(s)
Main Heating: Wall Furnace
Sewer: Connected
Water: Public
Security: None
Property Disclosures: Unknown
Sold Info: Financing
Listing Office: RE/MAX Catalina Foothills
Last Updated: October - 25 - 2024
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