150 S EASTBOURNE Avenue, Tucson, AZ 85716
$1,100,000
Property Type:
Multi-Family
Square Footage:
20,439
Lot Size (sq. ft.):
42
Status:
Closed
Current Price:
$1,100,000
List Date:
1/12/2004
Last Modified:
10/25/2024
Description
ONLY $53/SQFT-29 UNITS- GREAT AREA SELLER HAS RENOVATED MANY OF THE UNITS- VACANCY IS LOW-PLENTY OF UPSIDE ON RENTS-HARD TO FIND CENTRAL APARTMENT COMPLEX- DO NOT ENTER APT OR SPEAK TO TENANTS-CONTACT BROKER TO SHOW.
More Information MLS# 2325445
Address Information
Country: USA
Street #: 150
Direction: S
Street Name: EASTBOURNE
Suffix: Avenue
State/Province: AZ
Zip Code: 85716
County: Pima
Location, Tax & Legal
Tax Year: 2002
Taxes: 8474
Assessments: 0
Legal Description: BROADMOOR E200' OF LOT 11 EXC N248' BLOCK B
Township: 14
Community: None
Range: 14
Section: 17
Municipality/Zoning: Tucson - 03
Fire Protection: Included in Taxes
Tax Code: 129-02-0520
Area: Central
Subdivision: Broadmoor
Status Change Info
Off Market Date: 2004-04-29
Sold Price/SqFt: 53.81
Lot Sz Sold Prc/SqFt: 42.51
How Sold: Conventional
Pending Date: 2004-01-26
Sold Date: 2004-04-29
Sold Price: $1,100,000
Showing Information
Directions: BROADWAY & COUNTRY CLUB S TO 1ST RIGHT GO WEST TO ADDRESS
General Property Information
Lot Dimensions: 129X200
Lot Acres: 0.59
Lot Sqft: 25874
Lot Size Source: Assessor
List Price/SqFt: 53.82
Lot Size Price/SqFt: 42.51
Combined SqFt: 20439
Year Built: 1959
Unit Info
# of Units/Studios: 1
Avg Mo Rent/Studios: 300
# of Units/1 BR: 20
Avg Mo Rent/1 BR: 428
# of Units/2 BR: 8
Avg Mo Rent/2 BR: 508
Income
Vacancy Loss: 10457
Other Income: 1800
Adjusted Gross: 146539
Total Expenses: 61583
Gross Scheduled Rent: 155196
Net Opp Income: 84956
Analysis
Gross Rent Multi: 7.51
Vacancy Rate %: 6.73
Exp/SqFt: 3.01
Exp % of Gross: 42.02
Cap Rate %: 7.72
Construction
Concrete Block: 1
Expenses
Admin Expenses: 2539
Gas/Electric: 10441
Insurance: 4087
Maintenance Supplies: 14873
Management: 7237
Resident Manager: 5280
Taxes/Assessments: 8474
Water/Sewer: 8652
Sewer
Connected: 1
Water
Public: 1
Main Cooling
Central Air: 1
Main Heating
Forced Air: 1
Natural Gas: 1
Interior Features
Interior Steps: No
Terms
Cash: 1
Conventional: 1
Security
None: 1
Sold Info
Down Payment: 350000
Financing: 1
Property Disclosures
Lead Based Paint: 1
Military Airport Vct: 1
Miscellaneous
Master Elec Meter: No
Master Gas Meter: Yes
Master Water Meter: Yes
Package Available: Yes
Contract Information
Current Price: $1,100,000
Sold Price: $1,100,000
Listing Date: 2003-10-20
Status: Closed
Remarks Misc
Geo Lat: 32.220552
Geo Lon: -110.928262
Property Features
Construction: Concrete Block
Main Cooling: Central Air
Main Heating: Forced Air; Natural Gas
Sewer: Connected
Water: Public
Security: None
Terms: Cash; Conventional
Property Disclosures: Lead Based Paint; Military Airport Vct
Sold Info: Financing
Documents
Listing Office:
RE/MAX Catalina Foothills
Last Updated: October - 25 - 2024
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Lead Paint Discl ›