3339 E Grant Road, Tucson, AZ 85716

$1,352,000
Property Type: Multi-Family Square Footage: 4,853 Lot Size (sq. ft.): 14 Status: Closed
Current Price: $1,352,000 List Date: 3/18/2008 Last Modified: 11/27/2024

Overview

Description

2.5 acres off of grant road. Property has 57 units. Seven single family residents and 50 mobile home lots. 3 of the mobiles are park owned.

Listing Details MLS# 20811376

Address Information

Street #
3339
Direction
E
Street Name
Grant
Suffix
Road
State/Province
AZ
Zip Code
85716
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
111-07-0200
Area
Central
Subdivision
Fruitvale Addition
Tax Year
2006
Taxes
6866
Assessments
0
Legal Description
FRUITVALE LOTS 1 2 & 9 BLK 2 LESS S10' FOR WIDENED GRANT RD
Township
13
Community
None
Range
14
Section
33
Municipality/Zoning
Tucson - C2
Fire Protection
Included in Taxes

General Property Information

Lot Dimensions
330 x 330
Lot Acres
2.5
Lot Sqft
108900
Lot Size Source
Other
Combined SqFt
4853
Year Built
1928
List Price/SqFt
329.69
Lot Size Price/SqFt
14.69

Property Features

Construction: Other Main Cooling: Central Air; Evaporative Cooling; Wall Unit(s) Main Heating: Wall Furnace Sewer: Connected Water: Public Security: None Terms: Conventional Property Disclosures: Unknown Sold Info: Financing

Status Change Info

Off Market Date
2008-04-30
Pending Date
2008-04-25
Sold Date
2008-04-30
Sold Price/SqFt
278.59
Lot Sz Sold Prc/SqFt
12.41
How Sold
Conventional

More Information

Showing Information

Directions
East on Grant from Country Club

Unit Info

# of Units/1 BR
4
Avg Mo Rent/1 BR
390
# of Units/2 BR
3
Avg Mo Rent/2 BR
570
# of Units/Other
50
Avg Mo Rent/Other
240

Analysis

Cap Rate %
7.77
Gross Rent Multi
7.56
Vacancy Rate %
9.95
Exp/SqFt
17.96
Exp % of Gross
41.2

Income

Gross Scheduled Rent
231000
Vacancy Loss
23000
Other Income
3600
Adjusted Gross
211600
Total Expenses
87187
Net Opp Income
124413

Expenses

Admin Expenses
1422
Capital Expenses
6500
Contract Services
231
Gas/Electric
27000
Insurance
3339
Maintenance Supplies
23500
Management
12100
Taxes/Assessments
6886
Water/Sewer
6000
Other Expenses
209

Interior Features

Interior Steps
Yes

Sold Info

Down Payment
338000
Financing
Yes

Miscellaneous

Master Elec Meter
Yes
Master Gas Meter
Yes
Master Water Meter
Yes
Package Available
No

Construction

Other
Yes

Sewer

Connected
Yes

Water

Public
Yes

Main Cooling

Central Air
Yes
Evaporative Cooling
Yes
Wall Unit(s)
Yes

Main Heating

Wall Furnace
Yes

Terms

Conventional
Yes

Security

None
Yes

Property Disclosures

Unknown
Yes
Listing Office: Murphy Business & Financial
IDX
Last Updated: November - 27 - 2024
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