2950 N Alvernon Way, Tucson, AZ 85712
$1,332,043.58
Property Type:
Multi-Family
Square Footage:
957
Lot Size (sq. ft.):
72,500,000
Status:
Closed
Current Price:
$1,332,043.58
List Date:
10/18/2016
Last Modified:
3/13/2026
Overview
Description
Listing Details MLS# 21627972
Address Information
- Street #
- 2950
- Direction
- N
- Street Name
- Alvernon
- Suffix
- Way
- State/Province
- AZ
- Zip Code
- 85712
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 110-06-4120
- Area
- Central
- Subdivision
- N/A
- Tax Year
- 2015
- Taxes
- 17686
- Assessments
- 0
- Legal Description
- WILLOW GARDENS CONDOMINIUMS LOT A COMMON AREA
- Township
- 13
- Community
- None
- Range
- 14
- Section
- 34
- Municipality/Zoning
- Tucson - R3
- Fire Protection
- Included in Taxes
General Property Information
- Lot Dimensions
- Unknown
- Lot Sqft
- 0.02
- Lot Size Source
- Appraiser
- Combined SqFt
- 957
- Year Built
- 1973
- List Price/SqFt
- 1515.15
- Lot Size Price/SqFt
- 72500000
- Lot Acres
- 0
Property Features
Construction:
Frame - Stucco
Main Cooling:
Central Air
Main Heating:
Forced Air; Natural Gas
Sewer:
Connected
Water:
Public
Security:
None
Terms:
Cash; Conventional
Property Disclosures:
Military Airport Vct
Contract Information
- Distressed Info
- None
Status Change Info
- Off Market Date
- 2016-11-01
- Pending Date
- 2016-11-08
- Sold Date
- 2016-11-18
- Sold Price/SqFt
- 1391.9
- Lot Sz Sold Prc/SqFt
- 66602179
- How Sold
- Cash
More Information
Showing Information
- Directions
- North on Alvernon past Glenn to property.
Unit Info
- # of Units/1 BR
- 3
- Avg Mo Rent/1 BR
- 500
- # of Units/2 BR
- 33
- Avg Mo Rent/2 BR
- 650
- Avg Mo Rent/Studios
- 0
- Avg Mo Rent/3 BR
- 0
- Avg Mo Rent/Other
- 0
Analysis
- Cap Rate %
- 5.13
- Gross Rent Multi
- 6.46
- Exp/SqFt
- 143.93
- Exp % of Gross
- 66.82
- Vacancy Rate %
- 0
Income
- Gross Scheduled Rent
- 204123
- Other Income
- 2000
- Adjusted Gross
- 206123
- Total Expenses
- 137740
- Net Opp Income
- 68383
- Vacancy Loss
- 0
Expenses
- Admin Expenses
- 75600
- Contract Services
- 5000
- Insurance
- 10366
- Maintenance Supplies
- 2122
- Management
- 26966
- Taxes/Assessments
- 17686
- Figures Presented
- Actual
- Capital Expenses
- 0
- Gas/Electric
- 0
- Resident Manager
- 0
- Water/Sewer
- 0
- Other Expenses
- 0
Construction
- Frame - Stucco
- Yes
Sewer
- Connected
- Yes
Water
- Public
- Yes
Main Cooling
- Central Air
- Yes
Main Heating
- Forced Air
- Yes
- Natural Gas
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
Security
- None
- Yes
Sold Info
- Seller Concessions
- 0
Property Disclosures
- Military Airport Vct
- Yes
Documents
Lead Paint Discl ›
Listing Office:
Keller Williams Southern Arizona
Last Updated: March - 13 - 2026
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