8750 E Cooper Street, Tucson, AZ 85710
$1,690,000
Property Type:
Multi-Family
Square Footage:
33,486
Lot Size (sq. ft.):
57,063
Status:
Closed
Current Price:
$1,690,000
List Date:
6/24/2015
Last Modified:
12/08/2024
Description
37 Units with spacious floor plans modern & updated features such as french doors, tile flooring, built in microwaves. Community has a sparkling pool, free covered parking, on site laundry, access controlled entry, cozy & comfy lobby. Close to bus lines, shopping & dining.
More Information MLS# 21513592
Address Information
Street #: 8750
Direction: E
Street Name: Cooper
Suffix: Street
State/Province: AZ
Zip Code: 85710
County: Pima
Country: USA
Location Tax Legal
Tax Code: 133-31-162B
Area: East
Subdivision: Centennial Park NO. 3 (1-155)
Contract Information
Current Price: $1,690,000
Sold Price: $1,690,000
Listing Date: 2015-05-08
Status: Closed
Distressed Info: None
Status Change Info
Off Market Date: 2015-06-23
Pending Date: 2015-06-23
Sold Date: 2015-08-20
Sold Price: $1,690,000
Sold Price/SqFt: 50.47
Lot Sz Sold Prc/SqFt: 29.62
How Sold: Conventional
General Property Information
Lot Dimensions: Irregular
Lot Acres: 1.31
Lot Sqft: 57063
Lot Size Source: Assessor
Combined SqFt: 33486
Year Built: 1972
List Price/SqFt: 55.25
Lot Size Price/SqFt: 32.42
Remarks Misc
Geo Lat: 32.218352
Geo Lon: -110.805776
Showing Information
Directions: East Cooper/Camino Seco, Take Broadway S on Camino Seco E on Cooper to address
Unit Info
# of Units/Studios: 2
Avg Mo Rent/Studios: 425
# of Units/1 BR: 24
Avg Mo Rent/1 BR: 525
# of Units/2 BR: 10
Avg Mo Rent/2 BR: 725
# of Units/Other: 1
Avg Mo Rent/Other: 675
Analysis
Cap Rate %: 8.12
Gross Rent Multi: 6.86
Vacancy Rate %: 7
Exp/SqFt: 3.26
Exp % of Gross: 44.31
Income
Gross Scheduled Rent: 256500
Vacancy Loss: 17955
Other Income: 7768
Adjusted Gross: 246313
Total Expenses: 109151
Net Opp Income: 137162
Expenses
Admin Expenses: 3164
Gas/Electric: 10524
Insurance: 7200
Maintenance Supplies: 22500
Management: 17242
Resident Manager: 1810
Taxes/Assessments: 27200
Water/Sewer: 12111
Other Expenses: 7400
Figures Presented: Proforma
Interior Features
Interior Steps: Yes
Miscellaneous
Master Gas Meter: Yes
Master Water Meter: Yes
Package Available: Yes
Property Features
Construction: Frame - Stucco
Main Cooling: Central Air
Main Heating: Heat Pump
Sewer: Connected
Water: Public
Security: None
Terms: Cash; Conventional
Property Disclosures: Military Airport Vct
Listing Office: Long Realty Company
Last Updated: December - 08 - 2024
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