Vista Point Properties

3339 E Grant Road, Tucson, AZ 85716

$1,352,000
Property Type: Multi-Family Square Footage: 4,853 Lot Size (sq. ft.): 108,900 Status: Closed
Current Price: $1,352,000 List Date: 3/18/2008 Last Modified: 11/27/2024

Description

2.5 acres off of grant road. Property has 57 units. Seven single family residents and 50 mobile home lots. 3 of the mobiles are park owned.

More Information MLS# 20811376

Address Information

Street #: 3339 Direction: E Street Name: Grant Suffix: Road State/Province: AZ Zip Code: 85716 County: Pima Country: USA

Location Tax Legal

Tax Code: 111-07-0200 Area: Central Subdivision: Fruitvale Addition

Contract Information

Current Price: $1,352,000 Sold Price: $1,352,000 Listing Date: 2008-03-17 Status: Closed

Status Change Info

Off Market Date: 2008-04-30 Pending Date: 2008-04-25 Sold Date: 2008-04-30 Sold Price: $1,352,000 Sold Price/SqFt: 278.59 Lot Sz Sold Prc/SqFt: 12.41 How Sold: Conventional

General Property Information

Lot Dimensions: 330 x 330 Lot Acres: 2.5 Lot Sqft: 108900 Lot Size Source: Other Combined SqFt: 4853 Year Built: 1928 List Price/SqFt: 329.69 Lot Size Price/SqFt: 14.69

Remarks Misc

Geo Lat: 32.251258 Geo Lon: -110.921007

Showing Information

Directions: East on Grant from Country Club

Unit Info

# of Units/1 BR: 4 Avg Mo Rent/1 BR: 390 # of Units/2 BR: 3 Avg Mo Rent/2 BR: 570 # of Units/Other: 50 Avg Mo Rent/Other: 240

Analysis

Cap Rate %: 7.77 Gross Rent Multi: 7.56 Vacancy Rate %: 9.95 Exp/SqFt: 17.96 Exp % of Gross: 41.2

Income

Gross Scheduled Rent: 231000 Vacancy Loss: 23000 Other Income: 3600 Adjusted Gross: 211600 Total Expenses: 87187 Net Opp Income: 124413

Expenses

Admin Expenses: 1422 Capital Expenses: 6500 Contract Services: 231 Gas/Electric: 27000 Insurance: 3339 Maintenance Supplies: 23500 Management: 12100 Taxes/Assessments: 6886 Water/Sewer: 6000 Other Expenses: 209

Interior Features

Interior Steps: Yes

Sold Info

Down Payment: 338000

Miscellaneous

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

Property Features

Construction: Other Main Cooling: Central Air; Evaporative Cooling; Wall Unit(s) Main Heating: Wall Furnace Sewer: Connected Water: Public Security: None Terms: Conventional Property Disclosures: Unknown Sold Info: Financing
Listing Office: Murphy Business & Financial
Last Updated: November - 27 - 2024
3339 E Grant Road, Tucson, AZ 85716- MLS# 20811376
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