1015 E 9Th Street, Tucson, AZ 85719

$2,134,000

Property Type: Commercial Square Footage: 8,142 Lot Size (sq. ft.): 88 Status: Closed

Current Price: $2,134,000 List Date: 5/01/2023 Last Modified: 12/21/2024

Overview

Description

Located just two city blocks south of the University of Arizona, this 24 unit apartment complex features paved parking, on-site laundry, and a pool. Each studio offers a full bathroom with neutral Tub/Shower, spacious closet, and wall heating and a/c. Well maintained grounds and walking distance to the university campus, restaurants, and athletic facilities.

Listing Details MLS# 22307893

Address Information

Street #: 1015
Direction: E
Street Name: 9Th
Suffix: Street
State/Province: AZ
Zip Code: 85719
County: Pima
Country: USA

Location, Tax & Legal

Tax Code: 124-06-124A
Area: Central
Tax Year: 2022
Taxes: 8126.14
Assessments: 0
Taxes For: Building & Land
Legal Description: Buells Lots 2 3 & 4 & Pt W6' Lot 5 Blk 30
Municipality/Zoning: Tucson - R3
Fire Protection: Included in Taxes
FEMA Flood Zone: Yes
Municipal Flood Zone: TBD

General Property Information

Property Sub-Type: Apartment
Construction Status: Existing
# Units: 24
Total Parking: 24
Multi-Tenant: Yes
Year Built: 1974
Lot Dimensions: irregular
Lot Acres: 0.57
Lot Sqft: 24960
Lot Size Source: Assessor
Combined SqFt: 8142
Source of SqFt: Assessor
List Price/SqFt: 270.2
Lot Size Price/SqFt: 88.14

Property Features

Construction: Brick Roof: Built-Up - Reflect Main Cooling: Wall Unit(s) Main Heating: Wall Furnace Water Heater: Electric Gas: None Sewer: Connected Water: Public Accessibility Option: None Fence: Chain Link; Slump Block Landscape - Front: Decorative Gravel; Low Care Landscape - Rear: Low Care Road Type: Paved Parking: Paved Parking Lot Features: Adjacent to Alley Terms: Cash; Conventional Possession: Recording Submit With Offer: Loan Pre-Qualifiaction; Loan Status; Proof of Funds Property Disclosures: Lead Based Paint; Military Airport Vct Special Conditions: None

Contract Information

Method of Title: Fee (Simple)
Short Sale: No

Status Change Info

Off Market Date: 2023-05-09
Pending Date: 2023-07-19
Sold Date: 2023-07-25
Sold Price/SqFt: 262.1
Lot Sz Sold Prc/SqFt: 85.5
Financing: Other

More Information

Showing Information

Directions: Broadway and Park, north on Park, east on 9th

Income

Gross Scheduled Rent: 172800

Expenses

Figures Presented: Proforma
Gas/Electric: 7167
Insurance: 2521
Taxes/Assessments: 8126.14
Water/Sewer: 7600

Unit Information

Apartment: Mid Rise

Apartment Unit Information

# of Units/Studios: 600

Electric

Electric Company: TEP

Sold Info

Est. Closing Date: 2023-07-25
Seller Concessions: 10000
Seller Paid Repairs: 0

Gas

None: Yes

Construction

Brick: Yes

Sewer

Connected: Yes

Roof

Built-Up - Reflect: Yes

Water

Public: Yes

Fence

Chain Link: Yes
Slump Block: Yes

Road Type

Paved: Yes

Lot Features

Adjacent to Alley: Yes

Main Cooling

Wall Unit(s): Yes

Main Heating

Wall Furnace: Yes

Water Heater

Electric: Yes

Terms

Cash: Yes
Conventional: Yes

Submit With Offer

Loan Pre-Qualifiaction: Yes
Loan Status: Yes
Proof of Funds: Yes

Accessibility Option

None: Yes

Landscape - Front

Decorative Gravel: Yes
Low Care: Yes

Landscape - Rear

Low Care: Yes

Parking

Paved Parking: Yes

Possession

Recording: Yes

Property Disclosures

Lead Based Paint: Yes
Military Airport Vct: Yes

Special Conditions

None: Yes

Documents

Lead Paint Discl ›

Airport ›

Listing Office: Tierra Antigua Realty

Last Updated: December - 21 - 2024

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