4434 E Bellevue Street, Tucson, AZ 85712
$1,100,000
Property Type:
Multi-Family
Square Footage:
14,484
Lot Size (sq. ft.):
37
Status:
Closed
Current Price:
$1,100,000
List Date:
7/06/2016
Last Modified:
12/09/2024
Description
Wonderfully maintained 19 unit apartment complex in central Tucson. There are fourteen 2 bedrooms, four 1 bedrooms and one studio Apartment. All units have air conditioning. All units come with refrigerators and stoves and dishwashers. Most units have ceiling fans. Ten of the units recently upgraded. Spacious floor plans. 3 separate buildings on large lot. Includes pool and laundry facilities. Units are separately metered for electric A very nice property.
More Information MLS# 21618621
Address Information
Country: USA
Street #: 4434
Direction: E
Street Name: Bellevue
Suffix: Street
State/Province: AZ
Zip Code: 85712
County: Pima
Location, Tax & Legal
Tax Year: 2015
Taxes: 9149.5
Assessments: 0
Legal Description: Speedway Lot 8 Exc Ely & Sly Pin Thereof
Township: 14
Community: None
Range: 14
Section: 3
Municipality/Zoning: Tucson - R3
Fire Protection: Included in Taxes
Tax Code: 122-12-0350
Area: Central
Subdivision: Speedway
Contract Information
Distressed Info: None
Current Price: $1,100,000
Sold Price: $1,100,000
Listing Date: 2016-07-06
Status: Closed
Status Change Info
Off Market Date: 2016-08-12
Sold Price/SqFt: 75.95
Lot Sz Sold Prc/SqFt: 37.69
How Sold: Cash Owner Carryback
Pending Date: 2016-10-18
Sold Date: 2016-10-20
Sold Price: $1,100,000
Showing Information
Directions: From Speedway & Swan North on Swan i block to Bellevue Street west to property.
General Property Information
Lot Dimensions: 110.49' X 264.14'
Lot Acres: 0.67
Lot Sqft: 29185
Lot Size Source: Assessor
List Price/SqFt: 75.95
Lot Size Price/SqFt: 37.69
Combined SqFt: 14484
Year Built: 1970
Unit Info
# of Units/Studios: 1
Avg Mo Rent/Studios: 490
# of Units/1 BR: 4
Avg Mo Rent/1 BR: 525
# of Units/2 BR: 14
Avg Mo Rent/2 BR: 650
Avg Mo Rent/3 BR: 0
Avg Mo Rent/Other: 0
Income
Vacancy Loss: 584.75
Other Income: 0
Adjusted Gross: 139755.25
Total Expenses: 24929.7
Gross Scheduled Rent: 140340
Net Opp Income: 114825.55
Analysis
Gross Rent Multi: 7.87
Vacancy Rate %: 0.42
Exp/SqFt: 1.72
Exp % of Gross: 17.84
Cap Rate %: 10.44
Construction
Slump Block: 1
Expenses
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 0
Figures Presented: Proforma
Gas/Electric: 0
Insurance: 4553
Maintenance Supplies: 0
Management: 11227.2
Resident Manager: 0
Taxes/Assessments: 9149.5
Water/Sewer: 0
Other Expenses: 0
Sewer
Connected: 1
Water
Public: 1
Main Cooling
Central Air: 1
Main Heating
Forced Air: 1
Natural Gas: 1
Terms
Cash: 1
Conventional: 1
Owner Carry: 1
Submit: 1
Security
None: 1
Sold Info
Down Payment: 165000
Seller Concessions: 0
Property Disclosures
Lead Based Paint: 1
Military Airport Vct: 1
Miscellaneous
Master Water Meter: Yes
Remarks Misc
Geo Lat: 32.237533
Geo Lon: -110.897993
Property Features
Construction: Slump Block
Main Cooling: Central Air
Main Heating: Forced Air; Natural Gas
Sewer: Connected
Water: Public
Security: None
Terms: Cash; Conventional; Owner Carry; Submit
Property Disclosures: Lead Based Paint; Military Airport Vct
Listing Office:
Grijalva Realty Corp.
Last Updated: December - 09 - 2024
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