8750 E Cooper Street, Tucson, AZ 85710 (MLS# 21513592)

8750 E Cooper Street, Tucson, AZ 85710

$1,690,000
Property Type: Multi-Family Square Footage: 33,486 Lot Size (sq. ft.): 32 Status: Closed
Current Price: $1,690,000 List Date: 6/24/2015 Last Modified: 12/08/2024

Description

37 Units with spacious floor plans modern & updated features such as french doors, tile flooring, built in microwaves. Community has a sparkling pool, free covered parking, on site laundry, access controlled entry, cozy & comfy lobby. Close to bus lines, shopping & dining.

More Information MLS# 21513592

Address Information

Country: USA Street #: 8750 Direction: E Street Name: Cooper Suffix: Street State/Province: AZ Zip Code: 85710 County: Pima

Location, Tax & Legal

Tax Year: 2014 Taxes: 27200.48 Assessments: 0 Legal Description: Centennial Park No 3 That part of BLK 3 Lyg Nely of Drainageway easement Township: 14 Community: None Range: 15 Section: 15 Municipality/Zoning: Tucson - 03 Fire Protection: Included in Taxes Tax Code: 133-31-162B Area: East Subdivision: Centennial Park NO. 3 (1-155)

Contract Information

Distressed Info: None Current Price: $1,690,000 Sold Price: $1,690,000 Listing Date: 2015-05-08 Status: Closed

Status Change Info

Off Market Date: 2015-06-23 Sold Price/SqFt: 50.47 Lot Sz Sold Prc/SqFt: 29.62 How Sold: Conventional Pending Date: 2015-06-23 Sold Date: 2015-08-20 Sold Price: $1,690,000

Showing Information

Directions: East Cooper/Camino Seco, Take Broadway S on Camino Seco E on Cooper to address

General Property Information

Lot Dimensions: Irregular Lot Acres: 1.31 Lot Sqft: 57063 Lot Size Source: Assessor List Price/SqFt: 55.25 Lot Size Price/SqFt: 32.42 Combined SqFt: 33486 Year Built: 1972

Unit Info

# of Units/Studios: 2 Avg Mo Rent/Studios: 425 # of Units/1 BR: 24 Avg Mo Rent/1 BR: 525 # of Units/2 BR: 10 Avg Mo Rent/2 BR: 725 Avg Mo Rent/3 BR: 0 # of Units/Other: 1 Avg Mo Rent/Other: 675

Income

Vacancy Loss: 17955 Other Income: 7768 Adjusted Gross: 246313 Total Expenses: 109151 Gross Scheduled Rent: 256500 Net Opp Income: 137162

Analysis

Gross Rent Multi: 6.86 Vacancy Rate %: 7 Exp/SqFt: 3.26 Exp % of Gross: 44.31 Cap Rate %: 8.12

Construction

Frame - Stucco: 1

Expenses

Admin Expenses: 3164 Capital Expenses: 0 Contract Services: 0 Figures Presented: Proforma Gas/Electric: 10524 Insurance: 7200 Maintenance Supplies: 22500 Management: 17242 Resident Manager: 1810 Taxes/Assessments: 27200 Water/Sewer: 12111 Other Expenses: 7400

Sewer

Connected: 1

Water

Public: 1

Main Cooling

Central Air: 1

Main Heating

Heat Pump: 1

Interior Features

Interior Steps: Yes

Terms

Cash: 1 Conventional: 1

Security

None: 1

Property Disclosures

Military Airport Vct: 1

Miscellaneous

Master Gas Meter: Yes Master Water Meter: Yes Package Available: Yes

Remarks Misc

Geo Lat: 32.218352 Geo Lon: -110.805776

Property Features

Construction: Frame - Stucco Main Cooling: Central Air Main Heating: Heat Pump Sewer: Connected Water: Public Security: None Terms: Cash; Conventional Property Disclosures: Military Airport Vct
Listing Office: Long Realty Company
Last Updated: December - 08 - 2024
8750 E Cooper Street, Tucson, AZ 85710- MLS# 21513592
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