720 N Kolb Road, Tucson, AZ 85710
$1,500,000
Property Type:
Multi-Family
Square Footage:
30,000
Lot Size (sq. ft.):
41,463
Status:
Closed
Current Price:
$1,500,000
List Date:
11/12/2007
Last Modified:
10/26/2024
Overview
Description
Listing Details MLS# 20718284
Address Information
- Street #
- 720
- Direction
- N
- Street Name
- Kolb
- Suffix
- Road
- State/Province
- AZ
- Zip Code
- 85710
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 133-23-1700
- Area
- East
- Subdivision
- Regal Manor Condominiums Units 1-10
- Tax Year
- 2006
- Taxes
- 13885
- Assessments
- 0
- Legal Description
- Regal Manor Condominiums Units 1 through 10, Common Areas A, B, C, and exclusive use area.
- Township
- 14
- Community
- None
- Range
- 15
- Section
- 8
- Municipality/Zoning
- Tucson - O3
- Fire Protection
- Included in Taxes
General Property Information
- Lot Dimensions
- Irregular
- Lot Acres
- 0.95
- Lot Sqft
- 41463
- Lot Size Source
- Other
- Combined SqFt
- 30000
- Year Built
- 1981
- List Price/SqFt
- 50
- Lot Size Price/SqFt
- 36.17
Property Features
Construction:
Frame - Stucco
Main Cooling:
Central Air; Evaporative Cooling
Main Heating:
Heat Pump
Sewer:
Connected
Water:
Public
Security:
Prewired
Terms:
Cash; Conventional; Owner Carry; Submit
Property Disclosures:
Military Airport Vct; Unknown
Sold Info:
Financing
Status Change Info
- Off Market Date
- 2008-03-14
- Pending Date
- 2008-01-14
- Sold Date
- 2008-03-14
- Sold Price/SqFt
- 50
- Lot Sz Sold Prc/SqFt
- 36.17
- How Sold
- Exchange
More Information
Showing Information
- Directions
- Kolb Road between Broadway and Speedway, East side of the road.
Unit Info
- # of Units/Studios
- Yes
- Avg Mo Rent/Studios
- 450
- # of Units/1 BR
- Yes
- Avg Mo Rent/1 BR
- 800
- # of Units/3 BR
- 4
- Avg Mo Rent/3 BR
- 1250
- # of Units/Other
- 5
- Avg Mo Rent/Other
- 1300
Analysis
- Cap Rate %
- 7.25
- Gross Rent Multi
- 9.8
- Exp/SqFt
- 1.47
- Exp % of Gross
- 28.95
Income
- Gross Scheduled Rent
- 153000
- Adjusted Gross
- 153000
- Total Expenses
- 44304
- Net Opp Income
- 108696
Expenses
- Contract Services
- 8328
- Gas/Electric
- 6856
- Insurance
- 8500
- Maintenance Supplies
- 1000
- Taxes/Assessments
- 13820
- Water/Sewer
- 4800
- Other Expenses
- 1000
Interior Features
- Interior Steps
- Yes
Sold Info
- Selling Comments
- Exchange property fo
- Financing
- Yes
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 Cooling
- Central Air
- Yes
- Evaporative Cooling
- Yes
Main Heating
- Heat Pump
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
- Owner Carry
- Yes
- Submit
- Yes
Security
- Prewired
- Yes
Property Disclosures
- Military Airport Vct
- Yes
- Unknown
- Yes
Listing Office:
Terrion Realty, LLC
Last Updated: October - 26 - 2024
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