8750 E Cooper Street, Tucson, AZ 85710

$1,690,000
Property Type: Multi-Family Square Footage: 33,486 Lot Size (sq. ft.): 32 Status: Closed
Current Price: $1,690,000 List Date: 6/24/2015 Last Modified: 12/08/2024

Overview

Description

37 Units with spacious floor plans modern & updated features such as french doors, tile flooring, built in microwaves. Community has a sparkling pool, free covered parking, on site laundry, access controlled entry, cozy & comfy lobby. Close to bus lines, shopping & dining.

Listing Details MLS# 21513592

Address Information

Street #
8750
Direction
E
Street Name
Cooper
Suffix
Street
State/Province
AZ
Zip Code
85710
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
133-31-162B
Area
East
Subdivision
Centennial Park NO. 3 (1-155)
Tax Year
2014
Taxes
27200.48
Assessments
0
Legal Description
Centennial Park No 3 That part of BLK 3 Lyg Nely of Drainageway easement
Township
14
Community
None
Range
15
Section
15
Municipality/Zoning
Tucson - 03
Fire Protection
Included in Taxes

General Property Information

Lot Dimensions
Irregular
Lot Acres
1.31
Lot Sqft
57063
Lot Size Source
Assessor
Combined SqFt
33486
Year Built
1972
List Price/SqFt
55.25
Lot Size Price/SqFt
32.42

Property Features

Construction: Frame - Stucco Main Cooling: Central Air Main Heating: Heat Pump Sewer: Connected Water: Public Security: None Terms: Cash; Conventional Property Disclosures: Military Airport Vct

Contract Information

Distressed Info
None

Status Change Info

Off Market Date
2015-06-23
Pending Date
2015-06-23
Sold Date
2015-08-20
Sold Price/SqFt
50.47
Lot Sz Sold Prc/SqFt
29.62
How Sold
Conventional

More Information

Showing Information

Directions
East Cooper/Camino Seco, Take Broadway S on Camino Seco E on Cooper to address

Unit Info

# of Units/Studios
2
Avg Mo Rent/Studios
425
# of Units/1 BR
24
Avg Mo Rent/1 BR
525
# of Units/2 BR
10
Avg Mo Rent/2 BR
725
# of Units/Other
Yes
Avg Mo Rent/Other
675
Avg Mo Rent/3 BR
0

Analysis

Cap Rate %
8.12
Gross Rent Multi
6.86
Vacancy Rate %
7
Exp/SqFt
3.26
Exp % of Gross
44.31

Income

Gross Scheduled Rent
256500
Vacancy Loss
17955
Other Income
7768
Adjusted Gross
246313
Total Expenses
109151
Net Opp Income
137162

Expenses

Admin Expenses
3164
Gas/Electric
10524
Insurance
7200
Maintenance Supplies
22500
Management
17242
Resident Manager
1810
Taxes/Assessments
27200
Water/Sewer
12111
Other Expenses
7400
Figures Presented
Proforma
Capital Expenses
0
Contract Services
0

Interior Features

Interior Steps
Yes

Miscellaneous

Master Gas Meter
Yes
Master Water Meter
Yes
Package Available
Yes

Construction

Frame - Stucco
Yes

Sewer

Connected
Yes

Water

Public
Yes

Main Cooling

Central Air
Yes

Main Heating

Heat Pump
Yes

Terms

Cash
Yes
Conventional
Yes

Security

None
Yes

Property Disclosures

Military Airport Vct
Yes
Listing Office: Long Realty Company
IDX
Last Updated: December - 08 - 2024
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