5121-5171 E 29Th Street, Tucson, AZ 85711
$5,765,000
Property Type:
Multi-Family
Square Footage:
83,348
Lot Size (sq. ft.):
190,356
Status:
Closed
Current Price:
$5,765,000
List Date:
3/17/2017
Last Modified:
12/09/2024
Description
This includes two properties Rosemont Gardens 5121 E 29th and Casa de Oro 5271 E 29th. These operate at a constant 90% plus occupancy. Rosemont Gardens is security fenced. Community amenities include Pool, Spa, Playground, BBQ, Basketball Ct, and laundry room. 2-tax codes 131-03-22A and B.
More Information MLS# 21707431
Address Information
Street #: 5121-5171
Direction: E
Street Name: 29Th
Suffix: Street
State/Province: AZ
Zip Code: 85711
County: Pima
Country: USA
Location Tax Legal
Tax Code: 131-03-222A
Area: Central
Subdivision: Mayfair Terrace
Contract Information
Current Price: $5,765,000
Sold Price: $5,765,000
Listing Date: 2017-03-17
Status: Closed
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Off Market Date: 2017-07-10
Pending Date: 2017-07-10
Sold Date: 2017-09-27
Sold Price: $5,765,000
Sold Price/SqFt: 69.17
Lot Sz Sold Prc/SqFt: 30.29
How Sold: Conventional
General Property Information
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: irregular
Lot Acres: 4.37
Lot Sqft: 190356
Lot Size Source: Assessor
Combined SqFt: 83348
Year Built: 1978
School District: TUSD
Elementary School: Myers/Ganoung
High School: Rincon
Horse Property: No
Horse Facilities: No
List Price/SqFt: 71.99
Lot Size Price/SqFt: 31.52
Remarks Misc
Geo Lat: 32.200121
Geo Lon: -110.882741
Showing Information
Directions: Between Swan and Craycroft on 29th St
Unit Info
# of Units/1 BR: 104
Avg Mo Rent/1 BR: 450
# of Units/2 BR: 48
Avg Mo Rent/2 BR: 550
Unit 1 Information
Occupancy: Yes
Stories: Two
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 8.27
Gross Rent Multi: 6.15
Vacancy Rate %: 3
Exp/SqFt: 5.53
Exp % of Gross: 49.13
Income
Gross Scheduled Rent: 881280
Vacancy Loss: 26438
Other Income: 82518
Adjusted Gross: 937360
Total Expenses: 460545
Net Opp Income: 476815
Expenses
Admin Expenses: 10400
Contract Services: 5086
Insurance: 30400
Maintenance Supplies: 69347
Management: 116784
Taxes/Assessments: 58845
Water/Sewer: 169349
Other Expenses: 334
Figures Presented: Proforma
Style
Other: Apt Complex
Floor Covering
Other: laminate
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Landscaping: Owner
Pool/Spa Maintenance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Tenant
RV Parking
Other: none
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: No
CC&Rs: No
Home Protection
Offered: No
Miscellaneous
Master Water Meter: Yes
Package Available: Yes
Property Features
Construction: Frame - Stucco
Roof: Membrane
Living Areas: None
Dining Areas: Breakfast Nook
Dining Room: None
Breakfast: None
Kitchen Features: Double Sink
Bathroom Features: Shower & Tub/Hall
Laundry: Facility
Extra Room: None
Interior Features: Smoke Detector
Floor Covering: Carpet
Window Covering: Some
Technology: Cable TV; High Speed Internet; Telephone
Main Cooling: Central Air; Evaporative Cooling; Wall Unit(s)
Main Heating: Wall Furnace
Water Heater: Electric
Gas: None
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Pool: Community
Spa: None
Fence: Chain Link
Landscape - Front: Low Care
Landscape - Rear: Low Care
View: Mountain(s)
Road Type: Paved
Driveway: None
Exterior Feature: Barbecue; Courtyard
Lot Features: Adjacent to Alley
Neighborhood Features: Gated Community
Assoc Amenities: None
Terms: Cash; Conventional
Submit With Offer: Proof of Funds
Property Disclosures: Unknown
Special Conditions: None
Listing Office: Long Realty Company
Last Updated: December - 09 - 2024
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