$1,525,000
Tucson, AZ 85716
MLS# 2421432
Status: Closed
26820 sqft
1 / 1
Property Description
BELLEVUE WINSTEL APTS *DRIVE BY ONLY- DO NOT CONTACT MGR OR TENANTS* 9.2% RETURN - 7.2 X GROSS 7.23 CAP - SOLID MASONRY & STEEL CONST GREAT CENTRAL AREA - CONTACT BROKER FOR ADDITIONAL INFO.
Details
Documents
Address Information
Street #: 3737
Direction: E
Street Name: Bellevue
Suffix: Street
State/Province: AZ
Zip Code: 85716
County: Pima
Country: USA
Location, Tax & Legal
Tax Code: 122-18-208A
Area: Central
Subdivision: Speedway Park
Status Change Info
Off Market Date: 2005-02-28
Pending Date: 2004-12-02
Sold Date: 2005-02-28
Sold Price: $1,525,000
Sold Price/SqFt: 56.86
Lot Sz Sold Prc/SqFt: 21.22
How Sold: Conventional
General Property Information
Lot Acres: 1.65
Lot Sqft: 71866
Lot Size Source: Assessor
Combined SqFt: 26820
Year Built: 1975
List Price/SqFt: 59.66
Lot Size Price/SqFt: 22.26
Showing Information
Directions: SPEEDWAY & ALVERNON N TO BELLEVUE W TO ADDRESS
Unit Info
# of Units/1 BR: 16
Avg Mo Rent/1 BR: 441
# of Units/2 BR: 24
Avg Mo Rent/2 BR: 516
Income
Gross Scheduled Rent: 233400
Vacancy Loss: 18672
Other Income: 7571
Adjusted Gross: 222299
Total Expenses: 106637
Net Opp Income: 115662
Analysis
Cap Rate %: 7.22
Gross Rent Multi: 7.19
Vacancy Rate %: 8
Exp/SqFt: 3.97
Exp % of Gross: 47.97
Expenses
Admin Expenses: 3141
Gas/Electric: 16322
Insurance: 6240
Maintenance Supplies: 21841
Management: 13358
Resident Manager: 18747
Taxes/Assessments: 15490
Water/Sewer: 11498
Interior Features
Interior Steps: No
Miscellaneous
Master Elec Meter: No
Master Gas Meter: Yes
Master Water Meter: Yes
Package Available: Yes
Contract Information
Current Price: $1,525,000
Sold Price: $1,525,000
Listing Date: 2004-08-20
Status: Closed
Remarks Misc
Geo Lat: 32.238476
Geo Lon: -110.912319
Property Features
Construction: Concrete Block
Main Cooling: Central Air
Main Heating: Forced Air; Natural Gas
Sewer: Connected
Water: Public
Security: None
Terms: Conventional
Property Disclosures: Lead Based Paint
Sold Info: Financing
Lead Paint Discl 
Listing Office: RE/MAX Catalina Foothills
Last Updated: October - 26 - 2024
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