1337 E Allen Road, Tucson, AZ 85719 (MLS# 2319258)

$1,225,000

1337 E Allen Road
Tucson, AZ 85719
MLS# 2319258
Status: Closed
26626 sqft

1 / 1

Property Description
Mtn View apts. 1337,1339,1341 E. Allen Rd. 33 2BR & 1 studio units. Great location for this quailty apartment complex. Surrounded by attractive single family homes & nice apt. complex. Close to shopping, trans. & main traffic rds. Nice pool area, grassy landscaped interior & playground. New paint, many units have been refurbished & updated. Great invest opp! Do not disturb tenants.

Details

Maps

Documents

Address Information

Country: USA

Street #: 1337

Direction: E

Street Name: Allen

Suffix: Road

State/Province: AZ

Zip Code: 85719

County: Pima

Location, Tax & Legal

Tax Year: 2002

Taxes: 10200

Assessments: 0

Legal Description: Long Legal Attached

Township: 13

Community: None

Range: 14

Section: 30

Municipality/Zoning: Tucson – R2

Fire Protection: Included in Taxes

Tax Code: 113-01-055B

Area: Central

Subdivision: Unsubdivided

Status Change Info

Off Market Date: 2004-03-12

Sold Price/SqFt: 46

Lot Sz Sold Prc/SqFt: 13.39

How Sold: Conventional

Pending Date: 2003-12-18

Sold Date: 2004-03-12

Sold Price: $1,225,000

Showing Information

Directions: N on Campbell from Prince to Allen Rd W to address

General Property Information

Lot Dimensions: 0.00

Lot Acres: 2.1

Lot Sqft: 91476

Lot Size Source: Assessor

List Price/SqFt: 48.45

Lot Size Price/SqFt: 14.1

Combined SqFt: 26626

Year Built: 1974

Unit Info

# of Units/Studios: 1

Avg Mo Rent/Studios: 375

# of Units/2 BR: 33

Avg Mo Rent/2 BR: 508

Income

Vacancy Loss: 16453

Other Income: 4000

Adjusted Gross: 193215

Total Expenses: 74903

Gross Scheduled Rent: 205668

Net Opp Income: 118312

Analysis

Gross Rent Multi: 6.67

Vacancy Rate %: 8

Exp/SqFt: 2.81

Exp % of Gross: 38.76

Cap Rate %: 9.17

Construction

Frame – Stucco: 1

Expenses

Admin Expenses: 1700

Contract Services: 4760

Gas/Electric: 10000

Insurance: 6500

Maintenance Supplies: 18190

Management: 11353

Taxes/Assessments: 10200

Water/Sewer: 12200

Sewer

Connected: 1

Water

Public: 1

Main Cooling

Central Air: 1

Main Heating

Forced Air: 1

Natural Gas: 1

Interior Features

Interior Steps: No

Terms

Cash: 1

Conventional: 1

Submit: 1

Security

None: 1

Sold Info

Financing: 1

Property Disclosures

Unknown: 1

Miscellaneous

Master Elec Meter: No

Master Gas Meter: No

Master Water Meter: Yes

Package Available: Yes

Contract Information

Current Price: $1,225,000

Sold Price: $1,225,000

Listing Date: 2003-08-08

Status: Closed

Remarks Misc

Geo Lat: 32.276881

Geo Lon: -110.951579

Property Features

Construction: Frame – Stucco

Main Cooling: Central Air

Main Heating: Forced Air; Natural Gas

Sewer: Connected

Water: Public

Security: None

Terms: Cash; Conventional; Submit

Property Disclosures: Unknown

Sold Info: Financing

Listing Documents

Lead Paint Discl

Listing Office: Coldwell Banker Realty

Last Updated: October – 25 – 2024

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