2333 E Glenn, Tucson, AZ 85719
$1,850,000
Property Type:
Multi-Family
Square Footage:
32,673
Lot Size (sq. ft.):
42
Status:
Closed
Current Price:
$1,850,000
List Date:
4/01/2014
Last Modified:
12/08/2024
Overview
Description
47 UNITS ON THE CAMPBELL CORRIDOR
LESS THAN A MILE FROM THE U OF A MEDICAL CAMPUS
UNIT MIX 12 1 BEDROOM 1 BATH, 489 SF UNITS
34 2 BEDROOM 1 BATH, 730 SF UNITS
THIS PROPERTY HAS NEW ROOFS, NEW PAINT., 100% OCCUPANCY AND THERE IS GREAT UPSIDE POTENTIAL IN THE RENTS
Listing Details MLS# 21409516
Address Information
- Street #
- 2333
- Direction
- E
- Street Name
- Glenn
- State/Province
- AZ
- Zip Code
- 85719
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 112-05-2790
- Area
- Central
- Subdivision
- Shaheen Estates
- Tax Year
- 2013
- Taxes
- 22941
- Assessments
- 0
- Legal Description
- W160' of E490' of N290' of S330' of SE4 NW 4 1.06
- Township
- 13
- Community
- None
- Range
- 14
- Section
- 32
- Municipality/Zoning
- Tucson - R3
- Fire Protection
- Included in Taxes
General Property Information
- Lot Dimensions
- 160' x 290'
- Lot Acres
- 1.06
- Lot Sqft
- 46600
- Lot Size Source
- Assessor
- Combined SqFt
- 32673
- Year Built
- 1963
- List Price/SqFt
- 60.45
- Lot Size Price/SqFt
- 42.38
Property Features
Main Cooling:
Central Air; Evaporative Cooling
Main Heating:
Forced Air; Natural Gas
Sewer:
Connected
Water:
Public
Security:
None
Terms:
Cash; Conventional
Property Disclosures:
Flood Plain
Contract Information
- Distressed Info
- None
Status Change Info
- Off Market Date
- 2014-04-17
- Pending Date
- 2014-05-20
- Sold Date
- 2014-06-30
- Sold Price/SqFt
- 56.62
- Lot Sz Sold Prc/SqFt
- 39.7
- How Sold
- Conventional
More Information
Showing Information
- Directions
- S on Campbell E on Glenn to address
Unit Info
- # of Units/1 BR
- 12
- Avg Mo Rent/1 BR
- 439
- # of Units/2 BR
- 34
- Avg Mo Rent/2 BR
- 533
- Avg Mo Rent/Studios
- 0
- Avg Mo Rent/3 BR
- 0
- Avg Mo Rent/Other
- 0
Analysis
- Cap Rate %
- 8.07
- Gross Rent Multi
- 6.86
- Vacancy Rate %
- 6.14
- Exp/SqFt
- 3.69
- Exp % of Gross
- 44.65
Income
- Gross Scheduled Rent
- 280680
- Vacancy Loss
- 17223
- Other Income
- 6374
- Adjusted Gross
- 269831
- Total Expenses
- 120480
- Net Opp Income
- 149351
Expenses
- Contract Services
- 16190
- Gas/Electric
- 6837
- Insurance
- 8438
- Maintenance Supplies
- 21586
- Management
- 16190
- Taxes/Assessments
- 21347
- Water/Sewer
- 18392
- Other Expenses
- 11500
- Figures Presented
- Proforma
- Admin Expenses
- 0
- 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
Sewer
- Connected
- Yes
Water
- Public
- Yes
Main Cooling
- Central Air
- Yes
- Evaporative Cooling
- Yes
Main Heating
- Forced Air
- Yes
- Natural Gas
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
Security
- None
- Yes
Property Disclosures
- Flood Plain
- Yes
Listing Office:
Long Realty Company
Last Updated: December - 08 - 2024
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