1218 E Blacklidge Drive, Tucson, AZ 85719
$2,850,000
Property Type:
Commercial
Square Footage:
22,217
Lot Size (sq. ft.):
36,934
Status:
Closed
Current Price:
$2,850,000
List Date:
9/18/2018
Last Modified:
12/10/2024
Overview
Description
Listing Details MLS# 21825274
Address Information
- Street #
- 1218
- Direction
- E
- Street Name
- Blacklidge
- Suffix
- Drive
- State/Province
- AZ
- Zip Code
- 85719
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 113-08-1060
- Area
- Central
General Property Information
- Property Sub-Type
- Apartment
- Construction Status
- New Construction
- # Units
- 13
- Total Parking
- 52
- Multi-Tenant
- Yes
- Year Built
- 2018
- Lot Dimensions
- irregular
- Lot Acres
- 0.85
- Lot Sqft
- 36934
- Lot Size Source
- Assessor
- Combined SqFt
- 22217
- Source of SqFt
- Builder
- List Price/SqFt
- 144.03
- Lot Size Price/SqFt
- 86.64
Property Features
Property Features:
Interior Steps; Smoke Detector
Construction:
Frame - Stucco
Roof:
Tile
Fenced Storage:
No
Main Cooling:
Central Air
Main Heating:
Electric; Forced Air
Water Heater:
Electric
Gas:
None
Sewer:
Connected
Water:
Public
Accessibility Option:
None
Security:
None
Fence:
Block
Landscape - Front:
Low Care
Landscape - Rear:
Low Care
Road Type:
Paved
Traffic Count:
Unknown
Terms:
Cash; Conventional
Possession:
See Remarks
Contract Information
- Short Sale
- No
Status Change Info
- Off Market Date
- 2019-03-29
- Pending Date
- 2019-05-21
- Sold Date
- 2019-05-30
- Sold Price/SqFt
- 128.28
- Lot Sz Sold Prc/SqFt
- 77.16
- Financing
- Conventional
More Information
Showing Information
- Directions
- From Mountain & Glenn, North to Blacklidge, West to address.
Income
- Gross Scheduled Rent
- 327600
- Vacancy Loss
- 16380
- Adjusted Gross
- 311220
- Net Opp Income
- 77036
Analysis
- Cap Rate %
- 8.08
- Vacancy Rate %
- 5
Expenses
- Figures Presented
- Proforma
- Insurance
- 15000
- Management
- 26208
- Taxes/Assessments
- 26000
Unit Information
- Other
- Student Housing
Apartment Unit Information
- # of Units/3 BR
- 13
- Avg Mo Rent/3 BR
- 1950
Electric
- Electric Company
- TEP
Listing Office:
Keller Williams Southern Arizona
Last Updated: December - 10 - 2024
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