1240 E Fort Lowell Road, Tucson, AZ 85719
$1,110,000
Property Type:
Multi-Family
Square Footage:
12,492
Lot Size (sq. ft.):
49,210
Status:
Closed
Current Price:
$1,110,000
List Date:
10/15/2002
Last Modified:
10/25/2024
Overview
Description
Listing Details MLS# 2224785
Address Information
- Street #
- 1240
- Direction
- E
- Street Name
- Fort Lowell
- Suffix
- Road
- State/Province
- AZ
- Zip Code
- 85719
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 113-08-200D
- Area
- Central
- Subdivision
- Catalina Poultry Acres NO 4
- Tax Year
- 2002
- Taxes
- 9037
- Assessments
- 0
- Legal Description
- Catalina Poultry Acres Unit No. 4 Lot 41 thru 44 exc N22.5' & exc E100' of N149.89' thereof.
- Township
- 13
- Community
- None
- Range
- 14
- Section
- 31
- Municipality/Zoning
- Tucson - C1
- Fire Protection
- None
General Property Information
- Lot Dimensions
- Irregular
- Lot Acres
- 1.13
- Lot Sqft
- 49210
- Lot Size Source
- Assessor
- Combined SqFt
- 12492
- Year Built
- 1985
- List Price/SqFt
- 96.06
- Lot Size Price/SqFt
- 24.38
Property Features
Construction:
Frame - Stucco
Main Heating:
Electric; Forced Air
Sewer:
Connected
Water:
Public
Security:
None
Terms:
Cash; Conventional
Property Disclosures:
Unknown
Sold Info:
Financing
Status Change Info
- Off Market Date
- 2003-01-08
- Pending Date
- 2002-11-08
- Sold Date
- 2003-01-08
- Sold Price/SqFt
- 88.85
- Lot Sz Sold Prc/SqFt
- 22.55
- How Sold
- Conventional
More Information
Showing Information
- Directions
- SW corner of Mountain and Ft Lowell
Unit Info
- # of Units/1 BR
- 12
- Avg Mo Rent/1 BR
- 425
- # of Units/2 BR
- 16
- Avg Mo Rent/2 BR
- 525
Analysis
- Cap Rate %
- 8.38
- Gross Rent Multi
- 7.59
- Vacancy Rate %
- 7
- Exp/SqFt
- 4.59
- Exp % of Gross
- 36.32
Income
- Gross Scheduled Rent
- 162000
- Vacancy Loss
- 11340
- Other Income
- 7319
- Adjusted Gross
- 157979
- Total Expenses
- 57390
- Net Opp Income
- 100589
Expenses
- Admin Expenses
- 5683
- Gas/Electric
- 7456
- Insurance
- 4186
- Maintenance Supplies
- 13444
- Management
- 12285
- Taxes/Assessments
- 9036
- Water/Sewer
- 5300
Interior Features
- Interior Steps
- No
Miscellaneous
- Master Elec Meter
- No
- Master Gas Meter
- No
- Master Water Meter
- Yes
- Package Available
- Yes
Construction
- Frame - Stucco
- Yes
Sewer
- Connected
- Yes
Water
- Public
- Yes
Main Heating
- Electric
- Yes
- Forced Air
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
Security
- None
- Yes
Sold Info
- Financing
- Yes
Property Disclosures
- Unknown
- Yes
Listing Office:
Long Realty Company
Last Updated: October - 25 - 2024
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