1211 E 9Th Street, Tucson, AZ 85719
$1,145,000
Property Type:
Multi-Family
Square Footage:
8,613
Lot Size (sq. ft.):
31
Status:
Closed
Current Price:
$1,145,000
List Date:
7/12/2016
Last Modified:
12/09/2024
Overview
Description
Gorgeously remodeled 15 unit BRICK apartment complex, 3blks from the UofA! Seven 2bd/1bth units and eight 1bd/1bth units. Easy to prelease on 12 month leases. Always rented! New Parking lot, Central AC/Heating units, tile, paint, ceiling fans, circuit breakers and electrical upgrade to 100Amp. Great Investment!!!
Listing Details MLS# 21619224
Address Information
- Street #
- 1211
- Direction
- E
- Street Name
- 9Th
- Suffix
- Street
- State/Province
- AZ
- Zip Code
- 85719
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 124-06-0970
- Area
- Central
- Subdivision
- Buells Add
- Tax Year
- 2015
- Taxes
- 8757.59
- Assessments
- 0
- Legal Description
- Buells Lots 1 2 3 4 5 Blk 28
- Township
- 14
- Community
- None
- Range
- 14
- Section
- 7
- Municipality/Zoning
- Tucson - R1
- Fire Protection
- Included in Taxes
General Property Information
- Lot Dimensions
- 225 X 160.25
- Lot Acres
- 0.83
- Lot Sqft
- 36155
- Lot Size Source
- Assessor
- Combined SqFt
- 8613
- Year Built
- 1953
- List Price/SqFt
- 132.94
- Lot Size Price/SqFt
- 31.67
Property Features
Construction:
Brick
Main Cooling:
Central Air
Main Heating:
Forced Air; Natural Gas
Sewer:
Connected
Water:
Public
Security:
Window Bars
Terms:
Cash; Conventional
Property Disclosures:
Flood Plain
Contract Information
- Distressed Info
- None
Status Change Info
- Off Market Date
- 2016-07-12
- Pending Date
- 2016-07-22
- Sold Date
- 2016-07-29
- Sold Price/SqFt
- 132.94
- Lot Sz Sold Prc/SqFt
- 31.67
- How Sold
- Cash
More Information
Showing Information
- Directions
- From Campbell and Speedway. South on Campbell to 9th Street. West to Property located on Northside of rd between Mountain and Santa Rita Streets.
Unit Info
- # of Units/1 BR
- 8
- Avg Mo Rent/1 BR
- 650
- # of Units/2 BR
- 7
- Avg Mo Rent/2 BR
- 850
- Avg Mo Rent/Studios
- 0
- Avg Mo Rent/3 BR
- 0
- Avg Mo Rent/Other
- 0
Analysis
- Cap Rate %
- 8.17
- Gross Rent Multi
- 8.6
- Vacancy Rate %
- Yes
- Exp/SqFt
- 4.61
- Exp % of Gross
- 29.79
Income
- Gross Scheduled Rent
- 133800
- Vacancy Loss
- 1338
- Other Income
- 723
- Adjusted Gross
- 133185
- Total Expenses
- 39679
- Net Opp Income
- 93506
Expenses
- Admin Expenses
- 386
- Contract Services
- 554
- Gas/Electric
- 1305
- Insurance
- 5357
- Maintenance Supplies
- 11220
- Management
- 6066
- Taxes/Assessments
- 9331
- Water/Sewer
- 4744
- Other Expenses
- 716
- Figures Presented
- Actual
- Capital Expenses
- 0
- Resident Manager
- 0
Miscellaneous
- Master Water Meter
- Yes
Construction
- Brick
- Yes
Sewer
- Connected
- Yes
Water
- Public
- Yes
Main Cooling
- Central Air
- Yes
Main Heating
- Forced Air
- Yes
- Natural Gas
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
Security
- Window Bars
- Yes
Property Disclosures
- Flood Plain
- Yes
Listing Office:
Keller Williams Southern Arizona
Last Updated: December - 09 - 2024
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