3717 E Lee Street, Tucson, AZ 85716
$1,500,000
Property Type:
Commercial
Square Footage:
10,608
Lot Size (sq. ft.):
40
Status:
Closed
Current Price:
$1,500,000
List Date:
6/18/2021
Last Modified:
12/14/2024
Overview
Description
Listing Details MLS# 22115786
Address Information
- Street #
- 3717
- Direction
- E
- Street Name
- Lee
- Suffix
- Street
- State/Province
- AZ
- Zip Code
- 85716
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 122-18-0570
- Area
- Central
- Tax Year
- 2020
- Taxes
- 8024.74
- Assessments
- 0
- Legal Description
- Speedway Park Lot 7 Blk 2
- Municipality/Zoning
- Tucson - R2
- Fire Protection
- Included in Taxes
- FEMA Flood Zone
- No
- Municipal Flood Zone
- No
General Property Information
- Property Sub-Type
- Apartment
- Construction Status
- Existing
- # Units
- 12
- Total Parking
- 24
- Multi-Tenant
- Yes
- Year Built
- 1962
- Lot Dimensions
- 120 x 300
- Lot Acres
- 0.84
- Lot Sqft
- 36720
- Lot Size Source
- Assessor
- Combined SqFt
- 10608
- Source of SqFt
- Assessor
- List Price/SqFt
- 141.4
- Lot Size Price/SqFt
- 40.85
Property Features
Construction:
Masonry Stucco
Roof:
Built-Up - Reflect
Main Cooling:
Central Air
Main Heating:
Forced Air; Natural Gas
Water Heater:
Natural Gas
Gas:
Natural
Sewer:
Connected
Water:
Public
Road Type:
Paved
Contract Information
- Method of Title
- Fee (Simple)
- Short Sale
- No
Status Change Info
- Off Market Date
- 2021-08-12
- Pending Date
- 2021-08-12
- Sold Date
- 2021-10-12
- Sold Price/SqFt
- 141.4
- Lot Sz Sold Prc/SqFt
- 40.85
- Financing
- Conventional
More Information
Showing Information
- Directions
- North on Alvernon from Speedway to Lee St, West to address
Income
- Gross Scheduled Rent
- 114040
- Vacancy Loss
- 5712
- Other Income
- 4000
- Adjusted Gross
- 112328
Analysis
- Cap Rate %
- 4.87
- Gross Rent Multi
- 13.35
- Vacancy Rate %
- 5.01
Expenses
- Admin Expenses
- 992
- Captial Expenses
- 3000
- Figures Presented
- Actual
- Gas/Electric
- 1193
- Insurance
- 1869
- Maintenance Supplies
- 7068
- Management
- 6000
- Taxes/Assessments
- 8024
- Other Expenses
- 1624
Unit Information
- Apartment
- Low Rise
Apartment Unit Information
- # of Units/1 BR
- 6
- Avg Mo Rent/1 BR
- 725
- # of Units/2 BR
- 6
- Avg Mo Rent/2 BR
- 862
Electric
- Electric Company
- TEP
Gas
- Natural
- Yes
Construction
- Masonry Stucco
- Yes
Sewer
- Connected
- Yes
Roof
- Built-Up - Reflect
- Yes
Water
- Public
- Yes
Road Type
- Paved
- Yes
Main Cooling
- Central Air
- Yes
Main Heating
- Forced Air
- Yes
- Natural Gas
- Yes
Water Heater
- Natural Gas
- Yes
Sold Info
- Seller Concessions
- 0
Lead Paint Discl ›
upgrades ›
Listing Office:
Long Realty
Last Updated: December - 14 - 2024
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