4424 E Bellevue Street, Tucson, AZ 85712

$1,025,000
Property Type: Multi-Family Square Footage: 15,428 Lot Size (sq. ft.): 39 Status: Closed
Current Price: $1,025,000 List Date: 4/12/2017 Last Modified: 12/09/2024

Overview

Description

Coronado Vista Apartments. Great Central Location near Swan & Speedway. Close to transportation, shopping, library. OWNER WILL CARRY! great INVESTMENT OPPURTUNITY! Currently 100% occupied. 12 spacious 2 bedroom units, 8 one bedroom units with large walk in closet. 1 studio with evap cooling. All 20 A/C (heat pump) units have been replaced. off street parking, quiet setting. Laundry facilities.

Listing Details MLS# 21710095

Address Information

Street #
4424
Direction
E
Street Name
Bellevue
Suffix
Street
State/Province
AZ
Zip Code
85712
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
122-12-0340
Area
Central
Subdivision
Speedway Addition NO. 1
Comparable Only Listing
No
Tax Year
2016
Taxes
10804
Assessments
0
Legal Description
Speedway Addition
Township
14
Community
None
Range
14
Section
3
Municipality/Zoning
Tucson - R3
Fire Protection
Included in Taxes

General Property Information

Lot Dimensions
irregular
Lot Acres
0.67
Lot Sqft
29185
Lot Size Source
Assessor
Combined SqFt
15428
Year Built
1978
List Price/SqFt
74.54
Lot Size Price/SqFt
39.4

Property Features

Construction: Frame - Stucco Main Cooling: Central Air; Evaporative Cooling; Heat Pump Main Heating: Heat Pump Sewer: Connected Water: Public Security: None Terms: Owner Carry Property Disclosures: Flood Plain; Military Airport Vct

Contract Information

Distressed Info
None

Status Change Info

Off Market Date
2017-04-17
Pending Date
2017-05-26
Sold Date
2017-06-30
Sold Price/SqFt
66.44
Lot Sz Sold Prc/SqFt
35.12
How Sold
Cash Owner Carryback

More Information

Showing Information

Directions
North on Columbus form Speedway, East on Bellevue to address 4424 on right. Coronado Vista Apartments.

Unit Info

# of Units/Studios
Yes
Avg Mo Rent/Studios
365
# of Units/1 BR
8
Avg Mo Rent/1 BR
485
# of Units/2 BR
12
Avg Mo Rent/2 BR
595
Avg Mo Rent/3 BR
0
Avg Mo Rent/Other
0

Analysis

Cap Rate %
7.44
Gross Rent Multi
8.2
Vacancy Rate %
10
Exp/SqFt
3.15
Exp % of Gross
38.94

Income

Gross Scheduled Rent
136620
Vacancy Loss
13662
Other Income
2000
Adjusted Gross
124958
Total Expenses
48654
Net Opp Income
76304

Expenses

Gas/Electric
2865
Insurance
6308
Maintenance Supplies
8853
Management
6730
Taxes/Assessments
10804
Water/Sewer
7655
Other Expenses
5439
Figures Presented
Proforma
Admin Expenses
0
Capital Expenses
0
Contract Services
0
Resident Manager
0

Miscellaneous

Master Water Meter
Yes
Package Available
Yes

Construction

Frame - Stucco
Yes

Sewer

Connected
Yes

Water

Public
Yes

Main Cooling

Central Air
Yes
Evaporative Cooling
Yes
Heat Pump
Yes

Main Heating

Heat Pump
Yes

Terms

Owner Carry
Yes

Security

None
Yes

Sold Info

Seller Concessions
0

Property Disclosures

Flood Plain
Yes
Military Airport Vct
Yes
Listing Office: Long Realty
IDX
Last Updated: December - 09 - 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.