3052 N Alvernon Way, Tucson, AZ 85712
$1,550,000
Property Type:
Commercial
Square Footage:
8,800
Lot Size (sq. ft.):
77
Status:
Closed
Current Price:
$1,550,000
List Date:
6/26/2023
Last Modified:
12/21/2024
Overview
Description
Listing Details MLS# 22305621
Address Information
- Street #
- 3052
- Direction
- N
- Street Name
- Alvernon
- Suffix
- Way
- State/Province
- AZ
- Zip Code
- 85712
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 110-06-027A
- Area
- Central
- Tax Year
- 2022
- Taxes
- 8257.86
- Assessments
- 0
- Taxes For
- Building & Land
- Legal Description
- S106.175' W208.5' N868.5' NW4 NW4 & THAT PTN S106.375' N868.5' SEC 33 LYG E ALVERNON WAY 59 AC SEC 34-13-14
- Municipality/Zoning
- Tucson - R3
- Fire Protection
- Included in Taxes
General Property Information
- Property Sub-Type
- Apartment
- Construction Status
- Existing
- # Units
- 20
- Total Parking
- 20
- Multi-Tenant
- Yes
- Year Built
- 1979
- Lot Dimensions
- 106 x 238
- Lot Acres
- 0.2
- Lot Sqft
- 25228
- Lot Size Source
- Assessor
- Combined SqFt
- 8800
- Source of SqFt
- Assessor
- List Price/SqFt
- 221.59
- Lot Size Price/SqFt
- 77.3
Property Features
Property Features:
Smoke Detector
Construction:
Frame - Stucco
Roof:
Built-Up; Tile
Fenced Storage:
No
Main Cooling:
Ceiling Fan(s); Window Unit(s)
Main Heating:
Baseboard; Wall Furnace
Water Heater:
Electric
Gas:
None
Sewer:
Connected
Water:
Public
Fence:
Chain Link; Shared Fence; Stucco Finish
Landscape - Front:
Desert Plantings; Grass; Low Care; Shrubs
Landscape - Rear:
Low Care
Road Type:
Paved
Parking:
Paved Parking
Lot Features:
North/South Exposure
Business Location:
Free Standing Bldg
Traffic Count:
Unknown
Terms:
Cash; Conventional; Submit
Possession:
Recording
Submit With Offer:
Lender Pre-Approval; Loan Status; Proof of Funds
Property Disclosures:
Lead Based Paint; Seller Prop Disclosure
Special Conditions:
None
Contract Information
- Short Sale
- No
Status Change Info
- Off Market Date
- 2023-07-14
- Pending Date
- 2023-10-20
- Sold Date
- 2023-10-20
- Sold Price/SqFt
- 176.14
- Lot Sz Sold Prc/SqFt
- 61.44
- Financing
- Cash Owner Carryback
More Information
Showing Information
- Directions
- Alvernon & Grant N to 3052
Income
- Gross Scheduled Rent
- 231600
- Adjusted Gross
- 216700
- Vacancy Loss
- 0
Analysis
- Cap Rate %
- 6.87
- Gross Rent Multi
- 8.08
- Vacancy Rate %
- 0
Expenses
- Captial Expenses
- 1500
- Figures Presented
- Proforma
- Gas/Electric
- 5930.61
- Maintenance Supplies
- 17465
- Management
- 9994.89
- Taxes/Assessments
- 8257
- Water/Sewer
- 10584
Unit Information
- Apartment
- Low Rise
Apartment Unit Information
- # of Units/1 BR
- 18
- Avg Mo Rent/1 BR
- 950
- # of Units/2 BR
- 2
- Avg Mo Rent/2 BR
- 1100
Space Information
- Ceiling Height
- 8ft
- Door Width
- 3ft
Electric
- Electric Company
- TEP
Gas
- None
- Yes
Construction
- Frame - Stucco
- Yes
Sewer
- Connected
- Yes
Roof
- Built-Up
- Yes
- Tile
- Yes
Water
- Public
- Yes
Property Features
- Smoke Detector
- Yes
Fence
- Chain Link
- Yes
- Shared Fence
- Yes
- Stucco Finish
- Yes
Road Type
- Paved
- Yes
Fenced Storage
- No
- Yes
Lot Features
- North/South Exposure
- Yes
Main Cooling
- Ceiling Fan(s)
- Yes
- Window Unit(s)
- Yes
Main Heating
- Baseboard
- Yes
- Wall Furnace
- Yes
Water Heater
- Electric
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
- Submit
- Yes
Submit With Offer
- Lender Pre-Approval
- Yes
- Loan Status
- Yes
- Proof of Funds
- Yes
Sold Info
- Seller Concessions
- 0
Landscape - Front
- Desert Plantings
- Yes
- Grass
- Yes
- Low Care
- Yes
- Shrubs
- Yes
Landscape - Rear
- Low Care
- Yes
Parking
- Paved Parking
- Yes
Business Location
- Free Standing Bldg
- Yes
Freeway/Highway
- Over 5.1 Miles
- Yes
Traffic Count
- Unknown
- Yes
Possession
- Recording
- Yes
Property Disclosures
- Lead Based Paint
- Yes
- Seller Prop Disclosure
- Yes
Special Conditions
- None
- Yes
Listing Office:
Pinnacle Realty and Investment Advisors LLC
Last Updated: December - 21 - 2024
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