2950 N Alvernon Way, Tucson, AZ 85712
$1,332,043.58
Property Type:
Multi-Family
Square Footage:
957
Status:
Closed
Current Price:
$1,332,043.58
List Date:
10/18/2016
Last Modified:
3/13/2026
Description
Desert Oasis with updated townhouses priced to sell. Within the complex, you can find lush grass, high rising palms trees, and a sparkling pool. Another added benefit is the off street, gated and covered parking. There are three different coin operated laundry rooms.
More Information MLS# 21627972
Address Information
Street #: 2950
Direction: N
Street Name: Alvernon
Suffix: Way
State/Province: AZ
Zip Code: 85712
County: Pima
Country: USA
Location Tax Legal
Tax Code: 110-06-4120
Area: Central
Subdivision: N/A
Contract Information
Current Price: $1,332,043.58
Sold Price: $1,332,043.58
Listing Date: 2016-10-18
Status: Closed
Distressed Info: None
Status Change Info
Off Market Date: 2016-11-01
Pending Date: 2016-11-08
Sold Date: 2016-11-18
Sold Price: $1,332,043.58
Sold Price/SqFt: 1391.9
Lot Sz Sold Prc/SqFt: 66602179
How Sold: Cash
General Property Information
Lot Dimensions: Unknown
Lot Sqft: 0.02
Lot Size Source: Appraiser
Combined SqFt: 957
Year Built: 1973
List Price/SqFt: 1515.15
Lot Size Price/SqFt: 72500000
Remarks Misc
Geo Lat: 32.261142
Geo Lon: -110.909579
Showing Information
Directions: North on Alvernon past Glenn to property.
Unit Info
# of Units/1 BR: 3
Avg Mo Rent/1 BR: 500
# of Units/2 BR: 33
Avg Mo Rent/2 BR: 650
Analysis
Cap Rate %: 5.13
Gross Rent Multi: 6.46
Exp/SqFt: 143.93
Exp % of Gross: 66.82
Income
Gross Scheduled Rent: 204123
Other Income: 2000
Adjusted Gross: 206123
Total Expenses: 137740
Net Opp Income: 68383
Expenses
Admin Expenses: 75600
Contract Services: 5000
Insurance: 10366
Maintenance Supplies: 2122
Management: 26966
Taxes/Assessments: 17686
Figures Presented: Actual
Property Features
Construction: Frame - Stucco
Main Cooling: Central Air
Main Heating: Forced Air; Natural Gas
Sewer: Connected
Water: Public
Security: None
Terms: Cash; Conventional
Property Disclosures: Military Airport Vct
Documents
Lead Paint Discl ›Listing Office: Keller Williams Southern Arizona
Last Updated: March - 13 - 2026
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 2026 MLS of Southern Arizona. All Rights Reserved.