819 N 1st Avenue, Tucson, AZ 85719
$5,250,000
Property Type:
Commercial
Square Footage:
21,722
Lot Size (sq. ft.):
18,295
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
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 2026 MLS of Southern Arizona. All Rights Reserved.