1337 E Allen Road, Tucson, AZ 85719

$1,225,000
Property Type: Multi-Family Square Footage: 26,626 Lot Size (sq. ft.): 14 Status: Closed
Current Price: $1,225,000 List Date: 11/10/2003 Last Modified: 10/25/2024

Overview

Description

Mtn View apts. 1337,1339,1341 E. Allen Rd. 33 2BR & 1 studio units. Great location for this quailty apartment complex. Surrounded by attractive single family homes & nice apt. complex. Close to shopping, trans. & main traffic rds. Nice pool area, grassy landscaped interior & playground. New paint, many units have been refurbished & updated. Great invest opp! Do not disturb tenants.

Listing Details MLS# 2319258

Address Information

Street #
1337
Direction
E
Street Name
Allen
Suffix
Road
State/Province
AZ
Zip Code
85719
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
113-01-055B
Area
Central
Subdivision
Unsubdivided
Tax Year
2002
Taxes
10200
Assessments
0
Legal Description
Long Legal Attached
Township
13
Community
None
Range
14
Section
30
Municipality/Zoning
Tucson - R2
Fire Protection
Included in Taxes

General Property Information

Lot Dimensions
0.00
Lot Acres
2.1
Lot Sqft
91476
Lot Size Source
Assessor
Combined SqFt
26626
Year Built
1974
List Price/SqFt
48.45
Lot Size Price/SqFt
14.1

Property Features

Construction: Frame - Stucco Main Cooling: Central Air Main Heating: Forced Air; Natural Gas Sewer: Connected Water: Public Security: None Terms: Cash; Conventional; Submit Property Disclosures: Unknown Sold Info: Financing

Status Change Info

Off Market Date
2004-03-12
Pending Date
2003-12-18
Sold Date
2004-03-12
Sold Price/SqFt
46
Lot Sz Sold Prc/SqFt
13.39
How Sold
Conventional

More Information

Showing Information

Directions
N on Campbell from Prince to Allen Rd W to address

Unit Info

# of Units/Studios
Yes
Avg Mo Rent/Studios
375
# of Units/2 BR
33
Avg Mo Rent/2 BR
508

Analysis

Cap Rate %
9.17
Gross Rent Multi
6.67
Vacancy Rate %
8
Exp/SqFt
2.81
Exp % of Gross
38.76

Income

Gross Scheduled Rent
205668
Vacancy Loss
16453
Other Income
4000
Adjusted Gross
193215
Total Expenses
74903
Net Opp Income
118312

Expenses

Admin Expenses
1700
Contract Services
4760
Gas/Electric
10000
Insurance
6500
Maintenance Supplies
18190
Management
11353
Taxes/Assessments
10200
Water/Sewer
12200

Interior Features

Interior Steps
No

Miscellaneous

Master Elec Meter
No
Master Gas Meter
No
Master Water Meter
Yes
Package Available
Yes

Construction

Frame - Stucco
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
Submit
Yes

Security

None
Yes

Sold Info

Financing
Yes

Property Disclosures

Unknown
Yes

Documents

Listing Office: Coldwell Banker Realty
IDX
Last Updated: October - 25 - 2024
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.
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