1039 N Alamo Avenue, Tucson, AZ 85711
$2,000,000
Property Type:
Multi-Family
Square Footage:
42,717
Lot Size (sq. ft.):
31
Status:
Closed
Current Price:
$2,000,000
List Date:
12/18/2014
Last Modified:
12/08/2024
Overview
Description
Listing Details MLS# 21434344
Address Information
- Street #
- 1039
- Direction
- N
- Street Name
- Alamo
- Suffix
- Avenue
- State/Province
- AZ
- Zip Code
- 85711
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 127-11-0700
- Area
- Central
- Subdivision
- Wilmot Desert Estates
- Tax Year
- 2015
- Taxes
- 18836.87
- Assessments
- 0
- Legal Description
- Wilmot desert estates S200' N400' L 5 Aka: Monterey Garden Apartments
- Township
- 14
- Community
- None
- Range
- 14
- Section
- 12
- Municipality/Zoning
- Tucson - C2
- Fire Protection
- Included in Taxes
General Property Information
- Lot Dimensions
- 200'X309'
- Lot Acres
- 1.42
- Lot Sqft
- 61855
- Lot Size Source
- Assessor
- Combined SqFt
- 42717
- Year Built
- 1970
- List Price/SqFt
- 45.65
- Lot Size Price/SqFt
- 31.53
Property Features
Construction:
Concrete Block
Main Cooling:
Zoned
Sewer:
Connected
Water:
Public
Security:
None
Terms:
Cash; Conventional
Property Disclosures:
Unknown
Contract Information
- Distressed Info
- None
Status Change Info
- Off Market Date
- 2015-02-12
- Pending Date
- 2015-04-03
- Sold Date
- 2015-04-30
- Sold Price/SqFt
- 46.82
- Lot Sz Sold Prc/SqFt
- 32.33
- How Sold
- Conventional
More Information
Showing Information
- Directions
- Speedway and Wilmot west to Alamo south to Monterey Garden Apartments
Unit Info
- # of Units/1 BR
- 20
- Avg Mo Rent/1 BR
- 600
- # of Units/2 BR
- 24
- Avg Mo Rent/2 BR
- 700
- # of Units/Other
- 8
- Avg Mo Rent/Other
- 825
- Avg Mo Rent/Studios
- 0
- Avg Mo Rent/3 BR
- 0
Analysis
- Cap Rate %
- 6.87
- Gross Rent Multi
- 5.62
- Vacancy Rate %
- 14.4
- Exp/SqFt
- 5.12
- Exp % of Gross
- 61.4
Income
- Gross Scheduled Rent
- 407700
- Vacancy Loss
- 58708
- Other Income
- 6983
- Adjusted Gross
- 355975
- Total Expenses
- 218567
- Net Opp Income
- 137408
Expenses
- Admin Expenses
- 4459
- Contract Services
- 5350
- Gas/Electric
- 74000
- Insurance
- 13000
- Maintenance Supplies
- 32957
- Management
- 24820
- Taxes/Assessments
- 18837
- Water/Sewer
- 45144
- Figures Presented
- Actual
- Capital Expenses
- 0
- Resident Manager
- 0
- Other Expenses
- 0
Miscellaneous
- Master Elec Meter
- Yes
- Master Gas Meter
- Yes
- Master Water Meter
- Yes
- Package Available
- Yes
Construction
- Concrete Block
- Yes
Sewer
- Connected
- Yes
Water
- Public
- Yes
Main Cooling
- Zoned
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
Security
- None
- Yes
Property Disclosures
- Unknown
- Yes
Documents
Listing Office:
Realty Executives Arizona Territory
Last Updated: December - 08 - 2024
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