5301 E Glenn Street, Tucson, AZ 85712
$1,800,000
Property Type:
Multi-Family
Square Footage:
27,020
Lot Size (sq. ft.):
24
Status:
Closed
Current Price:
$1,800,000
List Date:
11/18/2013
Last Modified:
12/08/2024
Description
Gated 28 single story condominiums in clusters of four. Fourteen 900 Sq FT 2 bedroom and Fourteen 1200 SQ Ft 3 bedroom units. Separate laundry facilities, pool, ramada, and covered parking. Individually fenced yards. Nice common areas between clusters. Individually fenced yards. Nice common areas from Tucson Medical Center and half block to Ft. Lowell Park. Approved Condo Map.
More Information MLS# 21331192
Address Information
Country: USA
Street #: 5301
Direction: E
Street Name: Glenn
Suffix: Street
State/Province: AZ
Zip Code: 85712
County: Pima
Location, Tax & Legal
Tax Year: 2012
Taxes: 17058
Assessments: 0
Legal Description: Glenn Terrace Condominiums Unit 1-28
Township: 13
Community: None
Range: 14
Section: 35
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
Tax Code: 110-08-4360
Area: Central
Subdivision: Glenn Terrace Condominiums
Contract Information
Distressed Info: None
Current Price: $1,800,000
Sold Price: $1,800,000
Listing Date: 2013-11-18
Status: Closed
Status Change Info
Off Market Date: 2014-03-01
Sold Price/SqFt: 66.62
Lot Sz Sold Prc/SqFt: 20.98
How Sold: Conventional
Pending Date: 2014-04-24
Sold Date: 2014-04-30
Sold Price: $1,800,000
Showing Information
Directions: Glenn/Craycroft West to address (Glenn & Beverly).
General Property Information
Lot Dimensions: Irregular
Lot Acres: 1.97
Lot Sqft: 85813
Lot Size Source: Assessor
List Price/SqFt: 78.65
Lot Size Price/SqFt: 24.76
Combined SqFt: 27020
Year Built: 1972
Unit Info
Avg Mo Rent/Studios: 0
# of Units/1 BR: 14
Avg Mo Rent/1 BR: 725
# of Units/2 BR: 14
Avg Mo Rent/2 BR: 850
Avg Mo Rent/3 BR: 0
Avg Mo Rent/Other: 0
Income
Vacancy Loss: 19845
Other Income: 3000
Adjusted Gross: 247755
Total Expenses: 100056
Gross Scheduled Rent: 264600
Net Opp Income: 147699
Analysis
Gross Rent Multi: 7.27
Vacancy Rate %: 7.5
Exp/SqFt: 3.7
Exp % of Gross: 40.39
Cap Rate %: 8.21
Construction
Brick: 1
Expenses
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 2478
Figures Presented: Proforma
Gas/Electric: 6194
Insurance: 9910
Maintenance Supplies: 19820
Management: 24776
Resident Manager: 0
Taxes/Assessments: 17058
Water/Sewer: 19820
Other Expenses: 0
Sewer
Connected: 1
Water
Public: 1
Main Cooling
Central Air: 1
Neighborhood Features
Gated Community: 1
Main Heating
Forced Air: 1
Natural Gas: 1
Terms
Cash: 1
Conventional: 1
Property Disclosures
Lead Based Paint: 1
Military Airport Vct: 1
Miscellaneous
Master Water Meter: Yes
Package Available: Yes
Remarks Misc
Geo Lat: 32.258217
Geo Lon: -110.879385
Property Features
Construction: Brick
Main Cooling: Central Air
Main Heating: Forced Air; Natural Gas
Sewer: Connected
Water: Public
Neighborhood Features: Gated Community
Terms: Cash; Conventional
Property Disclosures: Lead Based Paint; Military Airport Vct
Listing Office: Long Realty Company
Last Updated: December - 08 - 2024
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