4007 N Stone Avenue, Tucson, AZ 85705
$1,350,000
Property Type:
Commercial
Square Footage:
7,447
Lot Size (sq. ft.):
39
Status:
Closed
Current Price:
$1,350,000
List Date:
5/14/2021
Last Modified:
6/11/2025
Overview
Description
Listing Details MLS# 22112506
Address Information
- Street #
- 4007
- Direction
- N
- Street Name
- Stone
- Suffix
- Avenue
- State/Province
- AZ
- Zip Code
- 85705
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 105-12-058B
- Area
- Central
- Tax Year
- 2020
- Taxes
- 6183
- Assessments
- 0
- Taxes For
- Building & Land
- Legal Description
- multiple, provided in escrow
- Municipality/Zoning
- Tucson - R2
- Fire Protection
- Included in Taxes
- FEMA Flood Zone
- No
- Municipal Flood Zone
- No
General Property Information
- Property Sub-Type
- Apartment
- # Units
- 9
- Total Parking
- 20
- Multi-Tenant
- Yes
- Year Built
- 2006
- Lot Dimensions
- irregular
- Lot Acres
- 0.82
- Lot Sqft
- 35719
- Lot Size Source
- Assessor
- Combined SqFt
- 7447
- Source of SqFt
- Other
- List Price/SqFt
- 187.86
- Lot Size Price/SqFt
- 39.17
Property Features
Construction:
Frame - Stucco
Roof:
Built-Up; Metal; Shingle
Main Cooling:
Central Air
Main Heating:
Heat Pump
Water Heater:
Electric
Terms:
Cash; Conventional; Exchange; Owner Carry
Contract Information
- Short Sale
- No
Status Change Info
- Off Market Date
- 2021-06-14
- Pending Date
- 2021-08-04
- Sold Date
- 2021-08-17
- Sold Price/SqFt
- 181.28
- Lot Sz Sold Prc/SqFt
- 37.8
- Financing
- Exchange
More Information
Showing Information
- Directions
- Limberlost and Stone, south half way through the curve. the property is on the right.
Income
- Gross Scheduled Rent
- 92940
- Vacancy Loss
- 1850
- Other Income
- 5340
- Adjusted Gross
- 96430
- Net Opp Income
- 79990
Analysis
- Cap Rate %
- 5.71
- Gross Rent Multi
- 14
- Vacancy Rate %
- 1.99
Expenses
- Figures Presented
- Actual
Unit Information
- Apartment
- Low Rise
Apartment Unit Information
- # of Units/2 BR
- 8
- # of Units/3 BR
- Yes
Construction
- Frame - Stucco
- Yes
Roof
- Built-Up
- Yes
- Metal
- Yes
- Shingle
- Yes
Main Cooling
- Central Air
- Yes
Main Heating
- Heat Pump
- Yes
Water Heater
- Electric
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
- Exchange
- Yes
- Owner Carry
- Yes
Sold Info
- Seller Concessions
- 0
Documents
Market Brochure ›
Listing Office:
Better Homes & Gardens Real Estate - SJ Fowler
Last Updated: June - 11 - 2025
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