835 N Alvernon Way, Tucson, AZ 85711
$2,000,000
Property Type:
Multi-Family
Square Footage:
44,644
Lot Size (sq. ft.):
107,593
Status:
Closed
Current Price:
$2,000,000
List Date:
7/07/2003
Last Modified:
10/25/2024
Overview
Description
Listing Details MLS# 2229800
Address Information
- Street #
- 835
- Direction
- N
- Street Name
- Alvernon
- Suffix
- Way
- State/Province
- AZ
- Zip Code
- 85711
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 125-11-190B
- Area
- Central
- Subdivision
- Speedway View Addition
- Tax Year
- 2002
- Taxes
- 18272
- Assessments
- 485
- Legal Description
- Speedway View Lot 13 exc E10' Blk 6 lot 14 exc # 10' Blk 6
- Township
- 14
- Community
- None
- Range
- 14
- Section
- 9
- Municipality/Zoning
- Tucson - R3
- Fire Protection
- Included in Taxes
General Property Information
- Lot Dimensions
- Irregular
- Lot Acres
- 2.47
- Lot Sqft
- 107593
- Lot Size Source
- Other
- Combined SqFt
- 44644
- Year Built
- 1961
- List Price/SqFt
- 44.8
- Lot Size Price/SqFt
- 18.58
Property Features
Construction:
Concrete Block
Main Cooling:
Central Air
Main Heating:
Forced Air; Natural Gas
Sewer:
Connected
Water:
Public
Terms:
Cash; Conventional
Property Disclosures:
Lead Based Paint; Military Airport Vct
Sold Info:
Financing
Status Change Info
- Off Market Date
- 2003-09-03
- Pending Date
- 2003-06-19
- Sold Date
- 2003-09-03
- Sold Price/SqFt
- 44.79
- Lot Sz Sold Prc/SqFt
- 18.58
- How Sold
- Conventional
More Information
Showing Information
- Directions
- Alvernon Way/Speedway go 3 blocks South of Speedway on Alvernon
Unit Info
- # of Units/Studios
- 7
- Avg Mo Rent/Studios
- 363
- # of Units/1 BR
- 30
- Avg Mo Rent/1 BR
- 442
- # of Units/2 BR
- 20
- Avg Mo Rent/2 BR
- 551
- # of Units/3 BR
- 4
- Avg Mo Rent/3 BR
- 625
Analysis
- Cap Rate %
- 8.54
- Gross Rent Multi
- 5.89
- Vacancy Rate %
- 7.09
- Exp/SqFt
- 3.77
- Exp % of Gross
- 49.63
Income
- Gross Scheduled Rent
- 360420
- Vacancy Loss
- 25544
- Other Income
- 4500
- Adjusted Gross
- 339376
- Total Expenses
- 168455
- Net Opp Income
- 170921
Expenses
- Gas/Electric
- 60000
- Insurance
- 8726
- Maintenance Supplies
- 33588
- Management
- 16465
- Resident Manager
- 16465
- Taxes/Assessments
- 18272
- Water/Sewer
- 10000
- Other Expenses
- 4939
Interior Features
- Interior Steps
- No
Miscellaneous
- Master Elec Meter
- Yes
- Master Gas Meter
- Yes
- Master Water Meter
- Yes
- Package Available
- Yes
Construction
- Concrete Block
- 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
Sold Info
- Financing
- Yes
Property Disclosures
- Lead Based Paint
- Yes
- Military Airport Vct
- Yes
Documents
Lead Paint Discl ›
Listing Office:
Long Realty Company
Last Updated: October - 25 - 2024
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