1316 N Catalina Avenue, Tucson, AZ 85712

$1,000,000
Property Type: Multi-Family Square Footage: 26,545 Lot Size (sq. ft.): 12 Status: Closed
Current Price: $1,000,000 List Date: 7/09/2012 Last Modified: 12/06/2024

Overview

Description

Nice established complex, Individually metered for electric. All evap coolers. Pool w/laundry room. Single story, 7 separate buildings.

Listing Details MLS# 21130741

Address Information

Street #
1316
Direction
N
Street Name
Catalina
Suffix
Avenue
State/Province
AZ
Zip Code
85712
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
122-12-076A
Area
Central
Subdivision
Speedway Addition
Tax Year
2010
Taxes
17904.63
Assessments
0
Legal Description
Speedway N200' Lot 6 EXC SPDRL & All of Lots 7 & 8 BLK 6
Township
14
Community
None
Range
14
Section
3
Municipality/Zoning
Tucson - R2
Fire Protection
Included in Taxes

General Property Information

Lot Dimensions
335 x 300 x 240 x 120 x 1
Lot Acres
2.2
Lot Sqft
95832
Lot Size Source
Assessor
Combined SqFt
26545
Year Built
1977
List Price/SqFt
43.32
Lot Size Price/SqFt
12

Property Features

Construction: Frame Main Heating: Baseboard Sewer: Connected Water: Public Security: None Terms: Cash; Conventional

Contract Information

Distressed Info
None

Status Change Info

Off Market Date
2012-09-15
Pending Date
2012-10-26
Sold Date
2012-10-26
Sold Price/SqFt
37.67
Lot Sz Sold Prc/SqFt
10.43
How Sold
Conventional

More Information

Showing Information

Directions
Speedway/Swan; North to Fairmount, West to address.

Unit Info

# of Units/Studios
10
Avg Mo Rent/Studios
350
# of Units/1 BR
34
Avg Mo Rent/1 BR
400
# of Units/2 BR
10
Avg Mo Rent/2 BR
480
Avg Mo Rent/3 BR
0
Avg Mo Rent/Other
0

Analysis

Cap Rate %
10.9
Gross Rent Multi
4.71
Vacancy Rate %
5
Exp/SqFt
4.67
Exp % of Gross
48.64

Income

Gross Scheduled Rent
262800
Vacancy Loss
13140
Other Income
5100
Adjusted Gross
254760
Total Expenses
123905
Net Opp Income
130855

Expenses

Admin Expenses
14500
Capital Expenses
5000
Contract Services
6600
Gas/Electric
6000
Insurance
9000
Maintenance Supplies
1200
Management
15800
Resident Manager
18200
Taxes/Assessments
17905
Water/Sewer
17000
Other Expenses
12700
Figures Presented
Actual

Miscellaneous

Master Water Meter
Yes

Construction

Frame
Yes

Sewer

Connected
Yes

Water

Public
Yes

Main Heating

Baseboard
Yes

Terms

Cash
Yes
Conventional
Yes

Security

None
Yes
Listing Office: Keller Williams Southern Arizona
IDX
Last Updated: December - 06 - 2024
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