819 N 1st Avenue, Tucson, AZ 85719
$5,250,000
Property Type:
Commercial
Square Footage:
21,722
Lot Size (sq. ft.):
300
Status:
Closed
Current Price:
$5,250,000
List Date:
1/04/2019
Last Modified:
12/10/2024
Overview
Description
Listing Details MLS# 21825168
Address Information
- Street #
- 819
- Direction
- N
- Street Name
- 1st
- Suffix
- Avenue
- State/Province
- AZ
- Zip Code
- 85719
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 117-03-0100
- Area
- Central
- Tax Year
- 2017
- Taxes
- 20180.61
- Assessments
- 0
- Taxes For
- Building & Land
- Legal Description
- Tucson Lots 8 & 9 Blk 23
- Municipality/Zoning
- Tucson - HR3
- Fire Protection
- Included in Taxes
- FEMA Flood Zone
- No
- Municipal Flood Zone
- No
General Property Information
- Property Sub-Type
- Apartment
- # Units
- 41
- Multi-Tenant
- Yes
- Year Built
- 1971
- Lot Dimensions
- 188 x 100
- Lot Acres
- 0.42
- Lot Sqft
- 18295
- Lot Size Source
- Assessor
- Combined SqFt
- 21722
- Source of SqFt
- Assessor
- List Price/SqFt
- 253.2
- Lot Size Price/SqFt
- 300.63
Property Features
Property Features:
Fire Sprinklers; Furnished; Smoke Detector; Storage
Construction:
Masonry Stucco
Roof:
Built-Up - Reflect
Main Cooling:
Ceiling Fan(s); Central Air
Main Heating:
Electric; Forced Air
Water Heater:
Electric
Gas:
Natural
Sewer:
Connected
Water:
Public
Security:
Closed Circuit Camera(s); Security Lights; Window Bars
Fence:
Stucco Finish; Wrought Iron
Landscape - Front:
Desert Plantings; Low Care
Landscape - Rear:
Desert Plantings; Low Care
Road Type:
Paved
Parking:
Parking Lights; Paved Parking
Terms:
Assumption
Property Disclosures:
Lead Based Paint; Seller Prop Disclosure
Contract Information
- Method of Title
- Fee (Simple)
- Short Sale
- No
Status Change Info
- Off Market Date
- 2019-01-04
- Pending Date
- 2019-01-28
- Sold Date
- 2019-05-22
- Sold Price/SqFt
- 241.69
- Lot Sz Sold Prc/SqFt
- 286.96
- Financing
- Exchange
More Information
Showing Information
- Directions
- From Euclid and University Blvd, West on University Blvd to 1st Ave, North on 1st Ave to address on Left.
Income
- Gross Scheduled Rent
- 461820
- Vacancy Loss
- 4618
- Other Income
- 120758
- Adjusted Gross
- 577960
- Net Opp Income
- 330334
Analysis
- Cap Rate %
- 6
- Gross Rent Multi
- 9.08
- Vacancy Rate %
- Yes
- Exp % of Gross
- 29.5
Expenses
- Figures Presented
- Proforma
- Other Expenses
- 138432
Apartment Unit Information
- # of Units/1 BR
- 40
- Avg Mo Rent/1 BR
- 900
- # of Units/2 BR
- Yes
- Avg Mo Rent/2 BR
- 1425
Electric
- Electric Company
- TEP
Security
- Other
- Gated Community
- Closed Circuit Camera(s)
- Yes
- Security Lights
- Yes
- Window Bars
- Yes
Parking
- # Covered Parking
- 12
- Other
- 10 Uncovered Spaces
- Parking Lights
- Yes
- Paved Parking
- Yes
Gas
- Natural
- Yes
Construction
- Masonry Stucco
- Yes
Sewer
- Connected
- Yes
Roof
- Built-Up - Reflect
- Yes
Water
- Public
- Yes
Property Features
- Fire Sprinklers
- Yes
- Furnished
- Yes
- Smoke Detector
- Yes
- Storage
- Yes
Fence
- Stucco Finish
- Yes
- Wrought Iron
- Yes
Road Type
- Paved
- Yes
Main Cooling
- Ceiling Fan(s)
- Yes
- Central Air
- Yes
Main Heating
- Electric
- Yes
- Forced Air
- Yes
Water Heater
- Electric
- Yes
Terms
- Assumption
- Yes
Sold Info
- Seller Concessions
- 0
Landscape - Front
- Desert Plantings
- Yes
- Low Care
- Yes
Landscape - Rear
- Desert Plantings
- Yes
- Low Care
- Yes
Property Disclosures
- Lead Based Paint
- Yes
- Seller Prop Disclosure
- Yes
Listing Office:
Bright Properties
Last Updated: December - 10 - 2024
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