2565 N Park Avenue, Tucson, AZ 85719
$1,463,000
Property Type:
Multi-Family
Square Footage:
13,206
Lot Size (sq. ft.):
35
Status:
Closed
Current Price:
$1,463,000
List Date:
12/15/2011
Last Modified:
12/06/2024
Overview
Description
Fully gated 39 unit apartment with swimming pool, Bar BQ area and Gazebo. 1.5 miles from U of A and Pima College. Units separatly metered. 100% occupied.
Listing Details MLS# 21131649
Address Information
- Street #
- 2565
- Direction
- N
- Street Name
- Park
- Suffix
- Avenue
- State/Province
- AZ
- Zip Code
- 85719
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 113-09-162A
- Area
- Central
- Subdivision
- Ocotillo Park (40-76)
- Tax Year
- 2010
- Taxes
- 12017
- Assessments
- 0
- Legal Description
- Ocotillo Park Lots 72,73,74,75
- Township
- 13
- Community
- None
- Range
- 14
- Section
- 31
- Municipality/Zoning
- Tucson - R3
- Fire Protection
- Included in Taxes
General Property Information
- Lot Dimensions
- 297 X 134
- Lot Acres
- 0.96
- Lot Sqft
- 41818
- Lot Size Source
- Assessor
- Combined SqFt
- 13206
- Year Built
- 1976
- List Price/SqFt
- 113.21
- Lot Size Price/SqFt
- 35.75
Property Features
Construction:
Slump Block
Main Cooling:
Wall Unit(s)
Main Heating:
Electric; Forced Air
Sewer:
Connected
Water:
Public
Terms:
Cash; Conventional
Property Disclosures:
Lead Based Paint
Contract Information
- Distressed Info
- None
Status Change Info
- Off Market Date
- 2012-04-13
- Pending Date
- 2012-04-11
- Sold Date
- 2012-06-29
- Sold Price/SqFt
- 110.78
- Lot Sz Sold Prc/SqFt
- 34.98
- How Sold
- Conventional
More Information
Showing Information
- Directions
- Grant/Park north on Park to address
Unit Info
- # of Units/Studios
- 39
- Avg Mo Rent/Studios
- 383.25
- Avg Mo Rent/1 BR
- 0
- Avg Mo Rent/2 BR
- 0
- Avg Mo Rent/3 BR
- 0
- Avg Mo Rent/Other
- 0
Analysis
- Cap Rate %
- 9.74
- Gross Rent Multi
- 8.63
- Vacancy Rate %
- 6.99
- Exp/SqFt
- 2.1
- Exp % of Gross
- 15.98
Income
- Gross Scheduled Rent
- 183960
- Vacancy Loss
- 12859
- Other Income
- 2160
- Adjusted Gross
- 173261
- Total Expenses
- 27681
- Net Opp Income
- 145580
Expenses
- Contract Services
- 2300
- Gas/Electric
- 4050
- Insurance
- 3505
- Taxes/Assessments
- 10820
- Water/Sewer
- 7006
- Figures Presented
- Actual
- Admin Expenses
- 0
- Capital Expenses
- 0
- Maintenance Supplies
- 0
- Management
- 0
- Resident Manager
- 0
- Other Expenses
- 0
Construction
- Slump Block
- Yes
Sewer
- Connected
- Yes
Water
- Public
- Yes
Main Cooling
- Wall Unit(s)
- Yes
Main Heating
- Electric
- Yes
- Forced Air
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
Property Disclosures
- Lead Based Paint
- Yes
Listing Office:
Long Realty Company
Last Updated: December - 06 - 2024
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