1337 E Allen Road, Tucson, AZ 85719
$1,505,000
Property Type:
Multi-Family
Square Footage:
26,626
Lot Size (sq. ft.):
17
Status:
Closed
Current Price:
$1,505,000
List Date:
1/12/2005
Last Modified:
10/26/2024
Overview
Description
MOUNTAIN VIEW APTS:BLDS 1337,1339&1341. VERY ATTRACTIVE APARTMENT COMPLEX LOCATED IN IDEAL AREA FOR UA & BUS LINES. COMPLEX IS SURROUNDED BY NICE QUIET SFR'S NEIGHBORHOODS AND HAS AN OPEN SPACIOUS LANDSCAPED CENTRAL COURTYARD WITH PLAYGROUND AND POOL AREA. MANY OF THE UNITS HAVE BEEN UPDATED. STUDIO IS CURRENTLY BEING USED AS AN OFFICE AND COULD BE RENTED TO GENERATE AN ADDITIONAL $5,000 PER YEAR. 5%ON-SITE MGMT FEE ADDED TO EXPENSE.OWNER MANAGED
Listing Details MLS# 2430596
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
- Other/Unknown
- Tax Year
- 2004
- Taxes
- 10665
- Assessments
- 0
- Legal Description
- PTN E164'W328'N640'S660'NW4 NE4 2.10 AC SEC 30-13-14
- Township
- 13
- Community
- None
- Range
- 14
- Section
- 30
- Municipality/Zoning
- Tucson - R2
- Fire Protection
- Included in Taxes
General Property Information
- Lot Dimensions
- unknown
- Lot Acres
- 2.1
- Lot Sqft
- 91266
- Lot Size Source
- Assessor
- Combined SqFt
- 26626
- Year Built
- 1973
- List Price/SqFt
- 60.62
- Lot Size Price/SqFt
- 17.68
Property Features
Construction:
Frame - Stucco
Main Cooling:
Central Air
Main Heating:
Forced Air; Natural Gas
Sewer:
Connected
Water:
Public
Security:
None
Terms:
Conventional
Property Disclosures:
Unknown
Sold Info:
Financing
Status Change Info
- Off Market Date
- 2005-05-16
- Pending Date
- 2005-03-30
- Sold Date
- 2005-05-16
- Sold Price/SqFt
- 56.52
- Lot Sz Sold Prc/SqFt
- 16.49
- How Sold
- Cash to Loan
More Information
Showing Information
- Directions
- CAMPBELL & PRINCE NORTH TO ALLEN RD-WEST TO MOUNTAIN and Mountain View Apts...[NOTE:SEE MLS#2430608 AND 2430599 FOR MULTIPLE OFFERS]
Unit Info
- # of Units/Studios
- Yes
- # of Units/2 BR
- 33
- Avg Mo Rent/2 BR
- 510
Analysis
- Cap Rate %
- 7.84
- Gross Rent Multi
- 8.28
- Vacancy Rate %
- 5
- Exp/SqFt
- 2.56
- Exp % of Gross
- 35
Income
- Gross Scheduled Rent
- 201960
- Vacancy Loss
- 10098
- Other Income
- 3000
- Adjusted Gross
- 194862
- Total Expenses
- 68202
- Net Opp Income
- 126660
Expenses
- Contract Services
- 2000
- Gas/Electric
- 9500
- Insurance
- 7800
- Maintenance Supplies
- 9744
- Resident Manager
- 9743
- Taxes/Assessments
- 10665
- Water/Sewer
- 6435
- Other Expenses
- 12315
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
- Conventional
- Yes
Security
- None
- Yes
Sold Info
- Financing
- Yes
Property Disclosures
- Unknown
- Yes
Documents
Lead Paint Discl ›
Listing Office:
Long Realty
Last Updated: October - 26 - 2024
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