1440 S Craycroft Road, Tucson, AZ 85711
$1,360,600
Property Type:
Commercial
Square Footage:
28,471
Status:
Closed
Current Price:
$1,360,600
List Date:
2/07/1996
Last Modified:
10/25/2024
Description
Cash,Nconv,Submit. 70 Suites Hotel,Central,Near Dm-afb.Well Maint.9.8%cap,W/Upside Potential.56% Occ Rate/'95.Htd Pool. N.I.C.=all Furnishings In Suite 137+4 Paintin Gs In Lobby+coin Op.Laundry Mach's.Owner Is Lic. R.E.Agt In Az.
More Information MLS# 9602405
Address Information
Street #: 1440
Direction: S
Street Name: Craycroft
Suffix: Road
State/Province: AZ
Zip Code: 85711
County: Pima
Country: USA
Location Tax Legal
Tax Code: 131-01-014H
Area: Central
Contract Information
Current Price: $1,360,600
Sold Price: $1,360,600
Listing Date: 1996-02-07
Status: Closed
Status Change Info
Off Market Date: 1996-07-03
Pending Date: 1996-04-11
Sold Date: 1996-07-03
Sold Price: $1,360,600
Sold Price/SqFt: 47.78
Financing: Cash
General Property Information
# Units: 70
Year Built: 1982
Lot Dimensions: 373X175X373X175
Combined SqFt: 28471
Source of SqFt: Assessor
List Price/SqFt: 52.25
Remarks Misc
Geo Lat: 32.203182
Geo Lon: -110.875616
Showing Information
Directions: S-craycroft Frm 22nd St
Income
Gross Scheduled Rent: 749150
Other Income: 23211
Adjusted Gross: 772361
Total Expenses: 193382
Net Opp Income: 578979
Analysis
Cap Rate %: 38.91
Gross Rent Multi: 1.92
Exp/SqFt: 6.79
Exp % of Gross: 25.03
Expenses
Contract Services: 22063
Gas/Electric: 69305
Insurance: 13722
Maintenance Supplies: 55863
Taxes/Assessments: 32429
Property Features
A.D.A. Compliant: No
Phase 1 Report: No
Electric
3 Phase Power: No
Master Meter: No
Property Features
Construction: Frame - Stucco
Main Heating: Wall Furnace
Sewer: Connected
Water: Public
Terms: Owner Carry; Submit
Listing Office: Coldwell Banker Realty
Last Updated: October - 25 - 2024
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo.
All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.