851 W Ajo Highway, Tucson, AZ 85713
$1,040,000
Property Type:
Multi-Family
Square Footage:
28,334
Status:
Closed
Current Price:
$1,040,000
List Date:
5/10/2000
Last Modified:
10/25/2024
Description
Good Condition New Exterior Paint & Landscaping, Pool & Spa. Great Visibility On Ajo Rd.Lots Of Traffic. Zoning Is B1.
More Information MLS# 2009063
Address Information
Street #: 851
Direction: W
Street Name: Ajo
Suffix: Highway
State/Province: AZ
Zip Code: 85713
County: Pima
Country: USA
Location Tax Legal
Tax Code: 120-03-1370
Area: South
Subdivision: La Mar City Acres NO. 2
Contract Information
Current Price: $1,040,000
Sold Price: $1,040,000
Listing Date: 2000-05-10
Status: Closed
Status Change Info
Off Market Date: 2000-09-28
Pending Date: 2000-09-28
Sold Date: 2000-09-28
Sold Price: $1,040,000
Sold Price/SqFt: 36.7
How Sold: Cash to Loan
General Property Information
Lot Dimensions: 420X135X420
Combined SqFt: 28334
Year Built: 1983
List Price/SqFt: 40.94
Remarks Misc
Geo Lat: 32.1777
Geo Lon: -110.982513
Showing Information
Directions: South On I-19 Turn East On Ajo, Turn South On 16th Ave. Apts. On The S.E. Corner Of I-19 & Ajo
Unit Info
# of Units/Studios: 12
Avg Mo Rent/Studios: 295
# of Units/1 BR: 24
Avg Mo Rent/1 BR: 335
# of Units/2 BR: 19
Avg Mo Rent/2 BR: 410
Analysis
Cap Rate %: 12.03
Gross Rent Multi: 4.91
Vacancy Rate %: 4
Exp/SqFt: 3.4
Exp % of Gross: 40.8
Income
Gross Scheduled Rent: 233520
Vacancy Loss: 9341
Other Income: 11679
Adjusted Gross: 235858
Total Expenses: 96215
Net Opp Income: 139643
Expenses
Admin Expenses: 7781
Contract Services: 11329
Gas/Electric: 7467
Insurance: 4536
Maintenance Supplies: 14800
Management: 11793
Resident Manager: 14000
Taxes/Assessments: 13112
Water/Sewer: 11397
Figures Presented: Actual
Interior Features
Interior Steps: No
Miscellaneous
Master Elec Meter: No
Master Gas Meter: No
Master Water Meter: Yes
Package Available: Yes
Property Features
Construction: Frame - Stucco
Main Cooling: Central Air; Evaporative Cooling; Wall Unit(s)
Main Heating: Electric; Forced Air
Sewer: Connected
Water: Public
Security: None
Terms: Cash; Exchange; Submit
Property Disclosures: Unknown
Sold Info: Financing
Listing Office: Whirlygig Properties, LLC
Last Updated: October - 25 - 2024
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