501 E Glenn Street, Tucson, AZ 85705
$1,500,000
Property Type:
Commercial
Square Footage:
18,456
Lot Size (sq. ft.):
18
Status:
Closed
Current Price:
$1,500,000
List Date:
9/04/2019
Last Modified:
12/12/2024
Overview
Description
Los Altos Apartment complex. 28 units in the heart of Tucson. Agent/Owner
Listing Details MLS# 21922986
Address Information
- Street #
- 501
- Direction
- E
- Street Name
- Glenn
- Suffix
- Street
- State/Province
- AZ
- Zip Code
- 85705
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 107-12-319A
- Area
- Central
- Tax Year
- 2018
- Taxes
- 10950.57
- Assessments
- 0
- Legal Description
- Coronado Heights Lots 7 & 10 Blk 32
- Development Name
- Los Altos Apartments
- Municipality/Zoning
- Tucson - R2
- Fire Protection
- Included in Taxes
- FEMA Flood Zone
- No
- Municipal Flood Zone
- No
General Property Information
- Property Sub-Type
- Apartment
- # Units
- 28
- Multi-Tenant
- Yes
- Year Built
- 1978
- Lot Dimensions
- 340 x 240
- Lot Acres
- 1.87
- Lot Sqft
- 81600
- Lot Size Source
- Other
- Combined SqFt
- 18456
- Source of SqFt
- Other
- List Price/SqFt
- 81.27
- Lot Size Price/SqFt
- 18.38
Property Features
Construction:
Frame - Stucco
Roof:
Built-Up
Fenced Storage:
No
Main Cooling:
Central Air; Evaporative Cooling
Main Heating:
Forced Air; Natural Gas
Water Heater:
Electric
Gas:
None
Sewer:
Connected
Water:
Public
Accessibility Option:
None
Security:
None
Fence:
Chain Link; Wrought Iron
Landscape - Front:
Low Care
Landscape - Rear:
Low Care
Road Type:
Paved
Parking:
Paved Parking
Lot Features:
Adjacent to Alley; Corner Lot; North/South Exposure
Business Location:
Corner Lot
Traffic Count:
Not Available
Terms:
Cash; Conventional; Owner Carry
Possession:
Immediate
Submit With Offer:
Digital Signature Accepted; Income Property Addendum; Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures:
Lead Based Paint
Special Conditions:
None
Restrictions:
CC&R; Deed
Contract Information
- Method of Title
- Fee (Simple)
- Short Sale
- No
Status Change Info
- Off Market Date
- 2019-09-04
- Pending Date
- 2019-09-04
- Sold Date
- 2019-09-04
- Sold Price/SqFt
- 81.27
- Lot Sz Sold Prc/SqFt
- 18.38
- Financing
- Cash
More Information
Showing Information
- Directions
- Grant Rd and 1st Ave, North on 1st Ave, Left on Glenn to address on Right.
Income
- Gross Scheduled Rent
- 187500
- Vacancy Loss
- 27300
Analysis
- Vacancy Rate %
- 14.56
Expenses
- Gas/Electric
- 5567
- Insurance
- 4675
- Maintenance Supplies
- 8508
- Management
- 2000
- Water/Sewer
- 18773
- Other Expenses
- 18929
Unit Information
- Apartment
- Low Rise
Apartment Unit Information
- # of Units/1 BR
- 12
- Avg Mo Rent/1 BR
- 535
- # of Units/2 BR
- 16
- Avg Mo Rent/2 BR
- 585
Gas
- None
- Yes
Construction
- Frame - Stucco
- Yes
Sewer
- Connected
- Yes
Roof
- Built-Up
- Yes
Water
- Public
- Yes
Fence
- Chain Link
- Yes
- Wrought Iron
- Yes
Road Type
- Paved
- Yes
Fenced Storage
- No
- Yes
Lot Features
- Adjacent to Alley
- Yes
- Corner Lot
- Yes
- North/South Exposure
- Yes
Main Cooling
- Central Air
- Yes
- Evaporative Cooling
- Yes
Main Heating
- Forced Air
- Yes
- Natural Gas
- Yes
Water Heater
- Electric
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
- Owner Carry
- Yes
Submit With Offer
- Digital Signature Accepted
- Yes
- Income Property Addendum
- Yes
- Loan Pre-Qualifiaction
- Yes
- Proof of Funds
- Yes
Accessibility Option
- None
- Yes
Security
- None
- Yes
Sold Info
- Seller Concessions
- 0
Landscape - Front
- Low Care
- Yes
Landscape - Rear
- Low Care
- Yes
Parking
- Paved Parking
- Yes
Business Location
- Corner Lot
- Yes
Freeway/Highway
- 2.1 - 5 Mile
- Yes
Traffic Count
- Not Available
- Yes
Possession
- Immediate
- Yes
Restrictions
- CC&R
- Yes
- Deed
- Yes
Property Disclosures
- Lead Based Paint
- Yes
Special Conditions
- None
- Yes
Listing Office:
Realty Executives Arizona Territory
Last Updated: December - 12 - 2024
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