2302 E Ft. Lowell Road, Tucson, AZ 85719

$1,425,000
Property Type: Multi-Family Square Footage: 29,535 Lot Size (sq. ft.): 26 Status: Closed
Current Price: $1,425,000 List Date: 10/15/2002 Last Modified: 10/25/2024

Overview

Description

Nice Central property, great unit mix. Security entrance to units. Units are large.

Listing Details MLS# 2224789

Address Information

Street #
2302
Direction
E
Street Name
Ft. Lowell
Suffix
Road
State/Province
AZ
Zip Code
85719
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
112-05-004B
Area
Central
Subdivision
Campbell Ave. Acres
Tax Year
2002
Taxes
13286
Assessments
0
Legal Description
Campbell Ave Acres Lot 4 exc Spandrel in SE Cor & exc N30'&
Township
13
Community
None
Range
14
Section
32
Municipality/Zoning
Tucson - O3
Fire Protection
Included in Taxes

General Property Information

Lot Dimensions
199x254
Lot Acres
1.29
Lot Sqft
56226
Lot Size Source
Assessor
Combined SqFt
29535
Year Built
1973
List Price/SqFt
50.79
Lot Size Price/SqFt
26.67

Property Features

Construction: Masonry Stucco Main Cooling: Central Air Main Heating: Forced Air; Natural Gas Sewer: Connected Water: Public Security: Window Bars Terms: Cash; Conventional Property Disclosures: Unknown Sold Info: Financing

Status Change Info

Off Market Date
2003-04-14
Pending Date
2003-01-06
Sold Date
2003-04-14
Sold Price/SqFt
48.24
Lot Sz Sold Prc/SqFt
25.34
How Sold
Conventional

More Information

Showing Information

Directions
One block West of Tucson Blvd on South side of Ft. Lowell - Catalina Gardens

Unit Info

# of Units/1 BR
8
Avg Mo Rent/1 BR
450
# of Units/2 BR
30
Avg Mo Rent/2 BR
540

Analysis

Cap Rate %
9.7
Gross Rent Multi
6.43
Vacancy Rate %
8.15
Exp/SqFt
2.96
Exp % of Gross
37.51

Income

Gross Scheduled Rent
240060
Vacancy Loss
19575
Other Income
12500
Adjusted Gross
232985
Total Expenses
87394
Net Opp Income
145591

Expenses

Admin Expenses
2659
Gas/Electric
13584
Insurance
5030
Maintenance Supplies
13614
Management
11652
Resident Manager
15891
Taxes/Assessments
12500
Water/Sewer
6900
Other Expenses
5564

Interior Features

Interior Steps
No

Miscellaneous

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

Construction

Masonry Stucco
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

Sold Info

Financing
Yes

Property Disclosures

Unknown
Yes
Listing Office: Long Realty Company
IDX
Last Updated: October - 25 - 2024
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