2152 N Country Club Road, Tucson, AZ 85716

$1,205,000
Property Type: Multi-Family Square Footage: 18,312 Lot Size (sq. ft.): 16 Status: Closed
Current Price: $1,205,000 List Date: 1/07/2017 Last Modified: 12/09/2024

Overview

Description

CENTRALLY LOCATED 25 UNIT MASONRY APARTMENT COMPLEX. ALL UNITS ARE 2 BEDROOM 1 BATH, AIR CONDITIONED WITH A YARD. GAS & ELECTRIC INDIVIDUALLY METERED.COMMUNITY LAUNDRY. PLENTY OF PARKING INCLUDING SOME COVERED. PRIDE OF OWNERSHIP THROUGHOUT COMPLEX.CALL LISTING AGENT FOR POSSIBLE FINANCING AVAILABLE, DO NOT DISTURB TENANTS. ****PLEASE NOTE THAT ''OTHER EXPENSES'' ARE A COMBINATION OF MONTHLY EXPENSES AND CAPITAL IMPROVEMENTS****

Listing Details MLS# 21700735

Address Information

Street #
2152
Direction
N
Street Name
Country Club
Suffix
Road
State/Province
AZ
Zip Code
85716
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
122-15-299B
Area
Central
Subdivision
Palo Verde Amended
Comparable Only Listing
No
Tax Year
2016
Taxes
13916.04
Assessments
0
Legal Description
PALO VERDE AMENDED n237.90' W312' LOT 16 BLK 1
Township
14
Community
None
Range
14
Section
4
Municipality/Zoning
Tucson - R2
Fire Protection
Included in Taxes

General Property Information

Lot Dimensions
237.9 X 322.8
Lot Acres
1.7
Lot Sqft
74052
Lot Size Source
Assessor
Combined SqFt
18312
Year Built
1958
List Price/SqFt
68.26
Lot Size Price/SqFt
16.88

Property Features

Construction: Concrete Block Sewer: Connected Water: Public Security: None Terms: Cash; Conventional; Submit Property Disclosures: Military Airport Vct; Unknown

Contract Information

Distressed Info
None

Status Change Info

Off Market Date
2017-01-12
Pending Date
2017-02-10
Sold Date
2017-03-03
Sold Price/SqFt
65.8
Lot Sz Sold Prc/SqFt
16.27
How Sold
Other

More Information

Showing Information

Directions
GRANT/COUNTY CLUB SOUTH TO ADDRESS

Unit Info

# of Units/2 BR
25
Avg Mo Rent/2 BR
600
Avg Mo Rent/Studios
0
Avg Mo Rent/1 BR
0
Avg Mo Rent/3 BR
0
Avg Mo Rent/Other
0

Analysis

Cap Rate %
4.24
Gross Rent Multi
7.38
Vacancy Rate %
11.5
Exp/SqFt
6.12
Exp % of Gross
68.67

Income

Gross Scheduled Rent
181992
Vacancy Loss
20929.08
Other Income
2162
Adjusted Gross
163224.91
Total Expenses
112083.44
Net Opp Income
51141.47

Expenses

Insurance
4398
Management
16370
Taxes/Assessments
13916.04
Water/Sewer
12304.18
Other Expenses
65095.22
Figures Presented
Actual
Admin Expenses
0
Capital Expenses
0
Contract Services
0
Gas/Electric
0
Maintenance Supplies
0
Resident Manager
0

Interior Features

Interior Steps
No

Miscellaneous

Master Gas Meter
No
Master Water Meter
Yes

Construction

Concrete Block
Yes

Sewer

Connected
Yes

Water

Public
Yes

Terms

Cash
Yes
Conventional
Yes
Submit
Yes

Security

None
Yes

Sold Info

Seller Concessions
0

Property Disclosures

Military Airport Vct
Yes
Unknown
Yes
IDX
Listing Office: Harvey Mordka Realty
Last Updated: December - 09 - 2024
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