8550 E Old Spanish Trail, Tucson, AZ 85710
$980,773
Property Type:
Multi-Family
Square Footage:
45,689
Status:
Closed
Current Price:
$980,773
List Date:
12/13/1994
Last Modified:
10/26/2024
Description
Cash,Cash To Loan,Submit
More Information MLS# 9412132
Address Information
Country: USA
Street #: 8550
Direction: E
Street Name: Old Spanish
Suffix: Trail
State/Province: AZ
Zip Code: 85710
County: Pima
Location, Tax & Legal
Tax Year: 1993
Taxes: 13745
Assessments: 0
Legal Description: Desert Steppes Estates Ely Por Tion Of Blk C
Township: 14
Community: None
Range: 15
Section: 16
Municipality/Zoning: Tucson - R3
Tax Code: 134-09-0090
Area: East
Subdivision: Desert Steppes Estates (1-98)
Status Change Info
Off Market Date: 1995-08-14
Sold Price/SqFt: 21.46
How Sold: Conventional
Pending Date: 1995-01-17
Sold Date: 1995-08-14
Sold Price: $980,773
Showing Information
Directions: Broadway/Sarnoff,E To Old Span Ish Trail,South To Address
General Property Information
Lot Dimensions: 64460 SQ. FT.
List Price/SqFt: 26.26
Combined SqFt: 45689
Year Built: 1971
Unit Info
# of Units/1 BR: 14
Avg Mo Rent/1 BR: 385
# of Units/2 BR: 24
Avg Mo Rent/2 BR: 485
# of Units/3 BR: 12
Avg Mo Rent/3 BR: 625
Income
Vacancy Loss: 13400
Other Income: 6900
Adjusted Gross: 261400
Total Expenses: 134470
Gross Scheduled Rent: 267900
Net Opp Income: 126930
Analysis
Gross Rent Multi: 4.59
Vacancy Rate %: 5
Exp/SqFt: 2.94
Exp % of Gross: 51.44
Cap Rate %: 10.57
Construction
Slump Block: 1
Expenses
Admin Expenses: 1200
Contract Services: 4800
Figures Presented: Actual
Gas/Electric: 51900
Insurance: 3524
Maintenance Supplies: 26000
Resident Manager: 13500
Taxes/Assessments: 13746
Water/Sewer: 19800
Sewer
Connected: 1
Water
Public: 1
Main Cooling
Central Air: 1
Interior Features
Interior Steps: No
Terms
Cash: 1
Conventional: 1
Submit: 1
Sold Info
Financing: 1
Miscellaneous
Master Elec Meter: Yes
Master Gas Meter: No
Master Water Meter: No
Package Available: Yes
Contract Information
Current Price: $980,773
Sold Price: $980,773
Listing Date: 1994-09-07
Status: Closed
Remarks Misc
Geo Lat: 32.217524
Geo Lon: -110.809974
Property Features
Construction: Slump Block
Main Cooling: Central Air
Sewer: Connected
Water: Public
Terms: Cash; Conventional; Submit
Sold Info: Financing
Listing Office: RE/MAX Premier Realty
Last Updated: October - 26 - 2024
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