1211 E 9Th Street 1-15, Tucson, AZ 85719
$975,000
Property Type:
Multi-Family
Square Footage:
8,613
Lot Size (sq. ft.):
32
Status:
Closed
Current Price:
$975,000
List Date:
10/02/2012
Last Modified:
12/07/2024
Overview
Description
Gorgeously remodeled 15 unit BRICK apartment complex, 3blks from the UofA! Seven 2bd/1bth units and eight 1bd/1bth units. Easy to prelease on 12 month leases. Always rented! New Parking lot, Central AC/Heating units, tile, paint, ceiling fans, circuit breakers and electrical upgrade to 100Amp, etc in 2008. Several units have private backyards. Roof coated in 2011. Three blocks to campus and two blocks to the Rec center. Great Student Rental
Property. Owner licensed to sell real estate in Arizona.
Listing Details MLS# 21224120
Address Information
- Street #
- 1211
- Direction
- E
- Street Name
- 9Th
- Suffix
- Street
- Apt/Unit #
- 1-15
- State/Province
- AZ
- Zip Code
- 85719
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 124-06-0970
- Area
- Central
- Subdivision
- Buells Add
- Tax Year
- 2011
- Taxes
- 7682.31
- Assessments
- 0
- Legal Description
- BUELLS LOTS 1 2 3 4 5 BLK 28
- Township
- 14
- Community
- None
- Range
- 14
- Section
- 7
- Municipality/Zoning
- Tucson - R3
- Fire Protection
- Included in Taxes
General Property Information
- Lot Dimensions
- 225 x 160.25'
- Lot Acres
- 0.83
- Lot Sqft
- 36000
- Lot Size Source
- Assessor
- Combined SqFt
- 8613
- Year Built
- 1953
- List Price/SqFt
- 136.42
- Lot Size Price/SqFt
- 32.64
Property Features
Construction:
Brick
Main Cooling:
Central Air
Main Heating:
Forced Air; Natural Gas
Sewer:
Connected
Water:
Public
Security:
Window Bars
Terms:
Cash; Conventional
Property Disclosures:
Flood Plain
Contract Information
- Distressed Info
- None
Status Change Info
- Off Market Date
- 2012-10-12
- Pending Date
- 2012-10-30
- Sold Date
- 2012-11-30
- Sold Price/SqFt
- 113.2
- Lot Sz Sold Prc/SqFt
- 27.08
- How Sold
- Cash
More Information
Showing Information
- Directions
- From Campbell and Speedway. South on Campbell to 9th Street. West to Property located on Northside of rd between Mountain and Santa Rita Streets.
Unit Info
- # of Units/1 BR
- 8
- Avg Mo Rent/1 BR
- 650
- # of Units/2 BR
- 7
- Avg Mo Rent/2 BR
- 850
- Avg Mo Rent/Studios
- 0
- Avg Mo Rent/3 BR
- 0
- Avg Mo Rent/Other
- 0
Analysis
- Cap Rate %
- 7.96
- Gross Rent Multi
- 8.82
- Vacancy Rate %
- Yes
- Exp/SqFt
- 4.61
- Exp % of Gross
- 29.79
Income
- Gross Scheduled Rent
- 133800
- Vacancy Loss
- 1338
- Other Income
- 723
- Adjusted Gross
- 133185
- Total Expenses
- 39679
- Net Opp Income
- 93506
Expenses
- Admin Expenses
- 386
- Contract Services
- 554
- Gas/Electric
- 1305
- Insurance
- 5357
- Maintenance Supplies
- 11220
- Management
- 6066
- Taxes/Assessments
- 9331
- Water/Sewer
- 4744
- Other Expenses
- 716
- Figures Presented
- Actual
- Capital Expenses
- 0
- Resident Manager
- 0
Interior Features
- Interior Steps
- No
Miscellaneous
- Master Elec Meter
- No
- Master Gas Meter
- No
- Master Water Meter
- Yes
- Package Available
- Yes
Construction
- Brick
- Yes
Sewer
- Connected
- Yes
Water
- Public
- Yes
Main Cooling
- Central Air
- Yes
Main Heating
- Forced Air
- Yes
- Natural Gas
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
Security
- Window Bars
- Yes
Property Disclosures
- Flood Plain
- Yes
Listing Office:
Tucson Integrity Realty, LLC
Last Updated: December - 07 - 2024
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