3737 E Bellevue Street 40, Tucson, AZ 85716

$1,135,000
Property Type: Multi-Family Square Footage: 30,630 Status: Closed
Current Price: $1,135,000 List Date: 6/09/1999 Last Modified: 10/26/2024

Overview

Description

Well Located Complex In Great Condition.Owner Has Painted The Exterior. Re-surfaced The Parking Area & Renovated Many Of The Units.Masony Construction With Steel Sash & Doors.Expenses Are Actual & Annual Income Is Projected Based On A Current Rent Roll.Call Agent To Look At Property.

Listing Details MLS# 9900487

Address Information

Street #
3737
Direction
E
Street Name
Bellevue
Suffix
Street
Apt/Unit #
40
State/Province
AZ
Zip Code
85716
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
122-18-208A
Area
Central
Subdivision
Speedway Park
Assessments
0
Legal Description
Lots 9&10 Blk 10 Speedway Park
Township
14
Community
None
Range
14
Section
4
Municipality/Zoning
Tucson - R2
Fire Protection
Included in Taxes

General Property Information

Lot Dimensions
300X240
Combined SqFt
30630
Year Built
1975
List Price/SqFt
39.5

Property Features

Construction: Masonry 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
1999-10-25
Pending Date
1999-07-10
Sold Date
1999-10-25
Sold Price/SqFt
37.05
How Sold
Conventional

More Information

Showing Information

Directions
N On Alvernon From Speedway W On Bellevue

Unit Info

# of Units/1 BR
12
Avg Mo Rent/1 BR
380
# of Units/2 BR
28
Avg Mo Rent/2 BR
445

Analysis

Cap Rate %
10.13
Gross Rent Multi
5.97
Vacancy Rate %
8.28
Exp/SqFt
2.61
Exp % of Gross
39.45

Income

Gross Scheduled Rent
212820
Vacancy Loss
17617
Other Income
7397
Adjusted Gross
202600
Total Expenses
79944
Net Opp Income
122656

Expenses

Admin Expenses
1376
Contract Services
12566
Gas/Electric
11233
Insurance
2510
Maintenance Supplies
13872
Management
6596
Resident Manager
11754
Taxes/Assessments
11419
Water/Sewer
8618
Figures Presented
Actual

Interior Features

Interior Steps
No

Miscellaneous

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

Construction

Masonry 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
Listing Office: Long Realty Company
IDX
Last Updated: October - 26 - 2024
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