8550 E Old Spanish Trail, Tucson, AZ 85710

$980,773
Property Type: Multi-Family Square Footage: 45,689 Status: Closed
Current Price: $980,773 List Date: 12/13/1994 Last Modified: 10/26/2024

Overview

Description

Cash,Cash To Loan,Submit

Listing Details MLS# 9412132

Address Information

Street #
8550
Direction
E
Street Name
Old Spanish
Suffix
Trail
State/Province
AZ
Zip Code
85710
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
134-09-0090
Area
East
Subdivision
Desert Steppes Estates (1-98)
Tax Year
1993
Taxes
13745
Assessments
0
Legal Description
Desert Steppes Estates Ely Por Tion Of Blk C
Township
14
Community
None
Range
15
Section
16
Municipality/Zoning
Tucson - R3

General Property Information

Lot Dimensions
64460 SQ. FT.
Combined SqFt
45689
Year Built
1971
List Price/SqFt
26.26

Property Features

Construction: Slump Block Main Cooling: Central Air Sewer: Connected Water: Public Terms: Cash; Conventional; Submit Sold Info: Financing

Status Change Info

Off Market Date
1995-08-14
Pending Date
1995-01-17
Sold Date
1995-08-14
Sold Price/SqFt
21.46
How Sold
Conventional

More Information

Showing Information

Directions
Broadway/Sarnoff,E To Old Span Ish Trail,South To Address

Unit Info

# of Units/1 BR
14
Avg Mo Rent/1 BR
385
# of Units/2 BR
24
Avg Mo Rent/2 BR
485
# of Units/3 BR
12
Avg Mo Rent/3 BR
625

Analysis

Cap Rate %
10.57
Gross Rent Multi
4.59
Vacancy Rate %
5
Exp/SqFt
2.94
Exp % of Gross
51.44

Income

Gross Scheduled Rent
267900
Vacancy Loss
13400
Other Income
6900
Adjusted Gross
261400
Total Expenses
134470
Net Opp Income
126930

Expenses

Admin Expenses
1200
Contract Services
4800
Gas/Electric
51900
Insurance
3524
Maintenance Supplies
26000
Resident Manager
13500
Taxes/Assessments
13746
Water/Sewer
19800
Figures Presented
Actual

Interior Features

Interior Steps
No

Miscellaneous

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

Construction

Slump Block
Yes

Sewer

Connected
Yes

Water

Public
Yes

Main Cooling

Central Air
Yes

Terms

Cash
Yes
Conventional
Yes
Submit
Yes

Sold Info

Financing
Yes
Listing Office: RE/MAX Premier Realty
IDX
Last Updated: October - 26 - 2024
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