1241 W Roger Road, Tucson, AZ 85705

$2,700,000
Property Type: Multi-Family Square Footage: 43,152 Lot Size (sq. ft.): 30 Status: Closed
Current Price: $2,700,000 List Date: 6/22/2016 Last Modified: 12/09/2024

Overview

Description

Extremely well maintained property with over $100,000 spent in Capital improvements in the last year. Many long term tenants with high senior population. Large units with great unit mix. Features community wi-fi available, self-service laundry, on-site property manager, social events, pet park, library, courtyard, BBQ grill, picnic area and swimming pool.

Listing Details MLS# 21617350

Address Information

Street #
1241
Direction
W
Street Name
Roger
Suffix
Road
State/Province
AZ
Zip Code
85705
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
106-06-0120
Area
Central
Subdivision
N/A
Tax Year
2015
Taxes
27936.07
Assessments
0
Legal Description
PTN N200.08' E701.4' NW4 NW4 EXC E16' &
Township
13
Community
None
Range
13
Section
26
Municipality/Zoning
Tucson - R3
Fire Protection
Included in Taxes

General Property Information

Lot Dimensions
660 X 144 +/-
Lot Acres
4.16
Lot Sqft
95564
Lot Size Source
Other
Combined SqFt
43152
Year Built
1964
List Price/SqFt
68.13
Lot Size Price/SqFt
30.76

Property Features

Construction: Concrete Block Main Cooling: Central Air; Evaporative Cooling Main Heating: Forced Air; Natural Gas Sewer: Connected Security: None Neighborhood Features: Gated Community Terms: Cash Property Disclosures: Unknown

Contract Information

Distressed Info
None

Status Change Info

Off Market Date
2016-08-19
Pending Date
2016-09-26
Sold Date
2016-10-27
Sold Price/SqFt
62.57
Lot Sz Sold Prc/SqFt
28.25
How Sold
Conventional

More Information

Showing Information

Directions
From Flowing Wells east on Roger Rd to address

Unit Info

# of Units/1 BR
24
Avg Mo Rent/1 BR
579.17
# of Units/2 BR
24
Avg Mo Rent/2 BR
700
# of Units/3 BR
8
Avg Mo Rent/3 BR
875
Avg Mo Rent/Studios
0
Avg Mo Rent/Other
0

Analysis

Cap Rate %
8.07
Gross Rent Multi
6.78
Vacancy Rate %
13
Exp/SqFt
4.18
Exp % of Gross
45.32

Income

Gross Scheduled Rent
452400
Vacancy Loss
58812
Other Income
4800
Adjusted Gross
398388
Total Expenses
180543
Net Opp Income
217845

Expenses

Contract Services
7946
Insurance
8501
Maintenance Supplies
64356
Management
10006
Taxes/Assessments
27936
Water/Sewer
53398
Other Expenses
8400
Figures Presented
Actual
Admin Expenses
0
Capital Expenses
0
Gas/Electric
0
Resident Manager
0

Water

Water Company
Flowing Wells

Miscellaneous

Master Gas Meter
Yes
Master Water Meter
Yes
Package Available
Yes

Construction

Concrete Block
Yes

Sewer

Connected
Yes

Main Cooling

Central Air
Yes
Evaporative Cooling
Yes

Neighborhood Features

Gated Community
Yes

Main Heating

Forced Air
Yes
Natural Gas
Yes

Terms

Cash
Yes

Security

None
Yes

Property Disclosures

Unknown
Yes
IDX
Listing Office: Long Realty Company
Last Updated: December - 09 - 2024
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.

Search Like a Tucson Pro: Full MLS Access

Stop using “lite” versions of the market. I’ve unlocked the professional-grade FlexMLS tool for you—the same system used by Tucson Realtors. Access real-time sold data, private documents, and upcoming open houses that haven’t hit the big sites yet.

Your Local Tucson Expert Real Estate Partner

Blaine Bond - Tucson Real Estate Agent and Neighborhood Tour Expert

Moving is a major life milestone. You deserve a partner who knows the Tucson dirt as well as the local market data.

Real estate is more than just a transaction—it’s one of the most powerful ways to build lasting wealth for your family. Whether you are stepping into your first home, searching for a second mountain getaway, or managing an investment portfolio, I’m here to ensure the process is smooth, transparent, and profitable for you.

Why Work With Us?

  • Market Intelligence: We don’t guess; we track the data. Get exclusive access to our Monthly Market Reports so you can see exactly where Tucson home values are heading before you buy or sell.

  • Strategic Results: The right guidance means more equity in your pocket at closing.

  • Zero Pressure: No sales tactics—just honest assistance tailored to your goals.

Ready to get started? Whether you need a formal home valuation or just have a quick question about a neighborhood, reach out to Blaine and the team today.

Sign In

Register

Reset Password

Please enter your username or email address, you will receive a link to create a new password via email.