5255 E 29th Street, Tucson, AZ 85711

$1,200,000
Property Type: Multi-Family Square Footage: 30,240 Status: Closed
Current Price: $1,200,000 List Date: 4/23/2001 Last Modified: 10/25/2024

Overview

Description

$15,000/Unit Kachina Court - A Well Maintaned Block & Steel 2 Story Complex - Roof Replaced/Recoated - No Deferred Maintance. 1 Pool 2 Laundries - Assume 7.44% Loan - Do Not Disturb Tenants - Call Broker To Show Colisted W Jim Briggs 906-0754.

Listing Details MLS# 2101320

Address Information

Street #
5255
Direction
E
Street Name
29th
St Suffix
Street
State
AZ
Zip Code
85711
County
Pima
Country
USA

Location, Tax & Legal

Assessor #
131-03-222C
Area
Central
Subdivision/Neighborhood
Mayfair Terrace NO. 2
Tax Year
1999
Taxes
14049
Assessments
15705
Legal Description
Mayfair Terrace #2 E-420.67'
Township
14
Community
None
Range
14
Section
23
Municipality/Zoning
Tucson - O3
Fire Protection
Included in Taxes

General Property Information

LivingArea
30240
Year Built
1979
List Price/SqFt
41.67

Property Features

Construction: Slump Block Main Cooling: Wall Unit(s) Sewer: Connected Property Disclosures: Unknown

Contract Information

Listing Price
1260000

Status Change Info

Off Market Date
2001-08-01
Under Contract Date
2001-01-23
Sold Date
2001-08-01
Sold Price/SqFt
39.68
How Sold
Cash to Loan

More Information

Showing Information

Directions
Craycroft S To 29th W To Address

Analysis

CAPRate
11.6
Gross Rent Multi
4.69
Vacancy Rate %
11.95
Exp % of Gross
45.54
Exp/SqFt
4.04

Income

GrossScheduledIncome
297000
Vacancy Loss
35500
Other Income
7000
Adjusted Gross
268500
Total Expenses
122300
NetOperatingIncome
146200

Expenses

Admin Expenses
5900
Capital Expenses
8400
Contract Services
1500
Insurance
2800
Maintenance Supplies
15800
Management
16500
Resident Manager
36400
Figures Presented
Actual
Gas/Electric
11600
Taxes/Assessments
14000
Water/Sewer
9400

Interior Features

Interior Steps
No

Miscellaneous

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

Unit Info

# of Units/Studios
84
Avg Mo Rent/Studios
295

Construction

Slump Block
Yes

Sewer

Connected
Yes

Water

Public
Yes

Main Cooling

Wall Unit(s)
Yes

Main Heating

Wall Furnace
Yes

Security

None
Yes

Sold Info

Financing
Yes

Property Disclosures

Unknown
Yes
IDX
Listing Office: RE/MAX Catalina Foothills
Last Updated: October - 25 - 2024
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