2950 N Alvernon Way, Tucson, AZ 85712

$1,332,043.58
Property Type: Multi-Family Square Footage: 957 Lot Size (sq. ft.): 72,500,000 Status: Closed
Current Price: $1,332,043.58 List Date: 10/18/2016 Last Modified: 3/13/2026

Overview

Description

Desert Oasis with updated townhouses priced to sell. Within the complex, you can find lush grass, high rising palms trees, and a sparkling pool. Another added benefit is the off street, gated and covered parking. There are three different coin operated laundry rooms.

Listing Details MLS# 21627972

Address Information

Street #
2950
Direction
N
Street Name
Alvernon
Suffix
Way
State/Province
AZ
Zip Code
85712
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
110-06-4120
Area
Central
Subdivision
N/A
Tax Year
2015
Taxes
17686
Assessments
0
Legal Description
WILLOW GARDENS CONDOMINIUMS LOT A COMMON AREA
Township
13
Community
None
Range
14
Section
34
Municipality/Zoning
Tucson - R3
Fire Protection
Included in Taxes

General Property Information

Lot Dimensions
Unknown
Lot Sqft
0.02
Lot Size Source
Appraiser
Combined SqFt
957
Year Built
1973
List Price/SqFt
1515.15
Lot Size Price/SqFt
72500000
Lot Acres
0

Property Features

Construction: Frame - Stucco Main Cooling: Central Air Main Heating: Forced Air; Natural Gas Sewer: Connected Water: Public Security: None Terms: Cash; Conventional Property Disclosures: Military Airport Vct

Contract Information

Distressed Info
None

Status Change Info

Off Market Date
2016-11-01
Pending Date
2016-11-08
Sold Date
2016-11-18
Sold Price/SqFt
1391.9
Lot Sz Sold Prc/SqFt
66602179
How Sold
Cash

More Information

Showing Information

Directions
North on Alvernon past Glenn to property.

Unit Info

# of Units/1 BR
3
Avg Mo Rent/1 BR
500
# of Units/2 BR
33
Avg Mo Rent/2 BR
650
Avg Mo Rent/Studios
0
Avg Mo Rent/3 BR
0
Avg Mo Rent/Other
0

Analysis

Cap Rate %
5.13
Gross Rent Multi
6.46
Exp/SqFt
143.93
Exp % of Gross
66.82
Vacancy Rate %
0

Income

Gross Scheduled Rent
204123
Other Income
2000
Adjusted Gross
206123
Total Expenses
137740
Net Opp Income
68383
Vacancy Loss
0

Expenses

Admin Expenses
75600
Contract Services
5000
Insurance
10366
Maintenance Supplies
2122
Management
26966
Taxes/Assessments
17686
Figures Presented
Actual
Capital Expenses
0
Gas/Electric
0
Resident Manager
0
Water/Sewer
0
Other Expenses
0

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

Security

None
Yes

Sold Info

Seller Concessions
0

Property Disclosures

Military Airport Vct
Yes
Listing Office: Keller Williams Southern Arizona
IDX
Last Updated: March - 13 - 2026
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.