1005 S Craycroft Road, Tucson, AZ 85711

$1,872,000
Property Type: Multi-Family Square Footage: 29,036 Lot Size (sq. ft.): 30 Status: Closed
Current Price: $1,872,000 List Date: 4/24/2017 Last Modified: 12/09/2024

Overview

Description

This is an UNPRICED listing with a June 5th BID DEADLINE. The listed price IS NOT reflective of what the seller will accept.

Listing Details MLS# 21711199

Address Information

Street #
1005
Direction
S
Street Name
Craycroft
Suffix
Road
State/Province
AZ
Zip Code
85711
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
128-06-0650
Area
Central
Subdivision
N/A
Comparable Only Listing
Yes
Tax Year
2016
Taxes
20151
Assessments
20150.56
Legal Description
Colonia de Valle Lot 5 EXC E145' BLK7
Township
14
Community
None
Range
14
Section
13
Municipality/Zoning
Pima County - R3
Fire Protection
Included in Taxes

General Property Information

Lot Dimensions
Rectangle
Lot Acres
1.53
Lot Sqft
66646.8
Lot Size Source
Assessor
Combined SqFt
29036
Year Built
1978
List Price/SqFt
68.88
Lot Size Price/SqFt
30.01

Property Features

Construction: Frame - Stucco Main Cooling: Central Air Sewer: Connected Water: Public Security: None Terms: Cash; Conventional Property Disclosures: Unknown

Contract Information

Distressed Info
None

Status Change Info

Off Market Date
2017-06-08
Pending Date
2017-06-30
Sold Date
2017-07-14
Sold Price/SqFt
64.47
Lot Sz Sold Prc/SqFt
28.09
How Sold
Cash

More Information

Showing Information

Directions
From Downtown Broadway East to Craycroft South to address on East side of Craycroft just north of Beverly.

Unit Info

# of Units/Studios
20
Avg Mo Rent/Studios
410
# of Units/1 BR
24
Avg Mo Rent/1 BR
485
# of Units/2 BR
8
Avg Mo Rent/2 BR
585
Avg Mo Rent/3 BR
0
Avg Mo Rent/Other
0

Analysis

Cap Rate %
6.44
Gross Rent Multi
6.95
Vacancy Rate %
6.27
Exp/SqFt
5.13
Exp % of Gross
55.26

Income

Gross Scheduled Rent
279314
Vacancy Loss
17510
Other Income
7500
Adjusted Gross
269304
Total Expenses
148816.56
Net Opp Income
120487.44

Expenses

Admin Expenses
5200
Capital Expenses
13000
Gas/Electric
4471
Insurance
11172
Maintenance Supplies
33000
Management
11173
Resident Manager
18000
Taxes/Assessments
20150.56
Water/Sewer
29050
Other Expenses
3600
Figures Presented
Proforma
Contract Services
0

Interior Features

Interior Steps
No

Miscellaneous

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

Construction

Frame - Stucco
Yes

Sewer

Connected
Yes

Water

Public
Yes

Main Cooling

Central Air
Yes

Terms

Cash
Yes
Conventional
Yes

Security

None
Yes

Sold Info

Seller Concessions
0

Property Disclosures

Unknown
Yes
Listing Office: Equilibrium 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.