1005 S Craycroft Road, Tucson, AZ 85711
$1,872,000
Property Type:
Multi-Family
Square Footage:
29,036
Lot Size (sq. ft.):
66,646
Status:
Closed
Current Price:
$1,872,000
List Date:
4/24/2017
Last Modified:
12/09/2024
Description
This is an UNPRICED listing
with a June 5th BID DEADLINE.
The listed price IS NOT reflective of what the seller will accept.
More Information MLS# 21711199
Address Information
Street #: 1005
Direction: S
Street Name: Craycroft
Suffix: Road
State/Province: AZ
Zip Code: 85711
County: Pima
Country: USA
Location Tax Legal
Tax Code: 128-06-0650
Area: Central
Subdivision: N/A
Contract Information
Current Price: $1,872,000
Sold Price: $1,872,000
Listing Date: 2017-04-20
Status: Closed
Distressed Info: None
Status Change Info
Off Market Date: 2017-06-08
Pending Date: 2017-06-30
Sold Date: 2017-07-14
Sold Price: $1,872,000
Sold Price/SqFt: 64.47
Lot Sz Sold Prc/SqFt: 28.09
How Sold: Cash
General Property Information
Lot Dimensions: Rectangle
Lot Acres: 1.53
Lot Sqft: 66646.8
Lot Size Source: Assessor
Combined SqFt: 29036
Year Built: 1978
List Price/SqFt: 68.88
Lot Size Price/SqFt: 30.01
Remarks Misc
Geo Lat: 32.209086
Geo Lon: -110.874723
Showing Information
Directions: From Downtown Broadway East to Craycroft
South to address on East side of Craycroft just north of Beverly.
Unit Info
# of Units/Studios: 20
Avg Mo Rent/Studios: 410
# of Units/1 BR: 24
Avg Mo Rent/1 BR: 485
# of Units/2 BR: 8
Avg Mo Rent/2 BR: 585
Analysis
Cap Rate %: 6.44
Gross Rent Multi: 6.95
Vacancy Rate %: 6.27
Exp/SqFt: 5.13
Exp % of Gross: 55.26
Income
Gross Scheduled Rent: 279314
Vacancy Loss: 17510
Other Income: 7500
Adjusted Gross: 269304
Total Expenses: 148816.56
Net Opp Income: 120487.44
Expenses
Admin Expenses: 5200
Capital Expenses: 13000
Gas/Electric: 4471
Insurance: 11172
Maintenance Supplies: 33000
Management: 11173
Resident Manager: 18000
Taxes/Assessments: 20150.56
Water/Sewer: 29050
Other Expenses: 3600
Figures Presented: Proforma
Interior Features
Interior Steps: No
Miscellaneous
Master Elec Meter: No
Master Gas Meter: No
Master Water Meter: Yes
Package Available: No
Property Features
Construction: Frame - Stucco
Main Cooling: Central Air
Sewer: Connected
Water: Public
Security: None
Terms: Cash; Conventional
Property Disclosures: Unknown
Documents
Offering memo ›Listing Office: Equilibrium Realty
Last Updated: December - 09 - 2024
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