Vista Point Properties

3727 E 5th Street, Tucson, AZ 85716

$1,650,000
Property Type: Multi-Family Square Footage: 33,867 Lot Size (sq. ft.): 82,764 Status: Closed
Current Price: $1,650,000 List Date: 7/22/2005 Last Modified: 10/26/2024

Description

Great unit mix in Central location. Units are large w/great occupancy. 2 Tax codes 125-11-246D & 125-11-2440 Electric billed back to tenants.

More Information MLS# 2517195

Address Information

Street #: 3727 Direction: E Street Name: 5th Suffix: Street State/Province: AZ Zip Code: 85716 County: Pima Country: USA

Location Tax Legal

Tax Code: 125-11-2440 Area: Central Subdivision: Speedway View Addition

Contract Information

Current Price: $1,650,000 Sold Price: $1,650,000 Listing Date: 2005-06-22 Status: Closed

Status Change Info

Off Market Date: 2005-10-31 Pending Date: 2005-08-19 Sold Date: 2005-10-31 Sold Price: $1,650,000 Sold Price/SqFt: 48.71 Lot Sz Sold Prc/SqFt: 19.93 How Sold: Conventional

General Property Information

Lot Dimensions: Irreguar Lot Acres: 1.9 Lot Sqft: 82764 Lot Size Source: Assessor Combined SqFt: 33867 Year Built: 1960 List Price/SqFt: 50.17 Lot Size Price/SqFt: 20.52

Remarks Misc

Geo Lat: 32.229401 Geo Lon: -110.912135

Showing Information

Directions: From Country Club East on 5th to address

Unit Info

# of Units/Studios: 5 Avg Mo Rent/Studios: 381 # of Units/1 BR: 16 Avg Mo Rent/1 BR: 447 # of Units/2 BR: 22 Avg Mo Rent/2 BR: 517 # of Units/3 BR: 2 Avg Mo Rent/3 BR: 552

Analysis

Cap Rate %: 7.61 Gross Rent Multi: 6.49 Vacancy Rate %: 7.55 Exp/SqFt: 3.9 Exp % of Gross: 50.52

Income

Gross Scheduled Rent: 258240 Vacancy Loss: 19519 Other Income: 22704 Adjusted Gross: 261425 Total Expenses: 132092 Net Opp Income: 129333

Expenses

Contract Services: 5766 Gas/Electric: 57413 Insurance: 1400 Maintenance Supplies: 20952 Management: 12966 Resident Manager: 10000 Taxes/Assessments: 8545 Water/Sewer: 15050

Interior Features

Interior Steps: No

Miscellaneous

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

Property Features

Construction: Concrete Block Main Cooling: Central Air Sewer: Connected Water: Public Security: None Terms: Conventional Property Disclosures: Lead Based Paint; Military Airport Vct Sold Info: Financing
Listing Office: Long Realty Company
Last Updated: October - 26 - 2024
3727 E 5th Street, Tucson, AZ 85716- MLS# 2517195
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