205 W Giaconda Way -15
Tucson, AZ 85704
MLS# 2201562
Status: Closed
17400 sqft
Property Description
Over 25% Return with new 6.5% loan. Gross Rents 2002- $339,437 2003- $367,214 Great Location, Ina /Oracle , Brand New Construction,Actual Expenses Based on 2002(Tenants pays increase over base year-2001,Giaconda Corporate Center Offers One Story,24 Covered Parking Spaces , Each Unit Separately Metered.Easy Access To Foothills , Freeway & Northwest.10.3 Cap Rate
Apt/Unit #: -15
Country: USA
Street #: 205
Direction: W
Street Name: Giaconda
Suffix: Way
State/Province: AZ
Zip Code: 85704
Tax Year: 2002
Taxes: 45463
Assessments: 0
Legal Description: Lot D,Casas Adobes Est.3-B Resubdivision
Municipality/Zoning: Pima County – TR
Fire Protection: Included in Taxes
Tax Code: 102-03-131C8
Area: North
Off Market Date: 2003-09-12
Sold Price/SqFt: 175.28
Lot Sz Sold Prc/SqFt: 44.31
Financing: Conventional
Pending Date: 2003-04-09
Sold Date: 2003-09-12
Directions: North On Oracle To Giaconda Way, East On Giaconda Way(One Street South Of Ina Road) To Address- Giaconda Corporate Center
Property Sub-Type: Professional/Office
# Units: 9
Lot Dimensions: APPX 280X266
Lot Acres: 1.58
Lot Sqft: 68825
Lot Size Source: Owner
Source of SqFt: Owner
List Price/SqFt: 172.41
Lot Size Price/SqFt: 43.58
Year Built: 2000
3 Phase Power: Yes
Amps: 200
Vacancy Loss: 3630
Adjusted Gross: 363583
Total Expenses: 57794
Gross Scheduled Rent: 367213
Gross Rent Multi: 8.25
Vacancy Rate %: 0.98
Exp/SqFt: 3.32
Exp % of Gross: 15.9
CAM in Rent: 1
Contract Services: 320
Figures Presented: Actual
Gas/Electric: 883
Insurance: 3148
Maintenance Supplies: 5486
Taxes/Assessments: 45463
Water/Sewer: 1743
Water Company: Metropolitan
A.D.A. Compliant: Yes
Phase 1 Report: No
Current Price: $3,050,000
Sold Price: $3,050,000
Listing Date: 2002-01-12
Status: Closed
Construction: Frame – Stucco
Property Disclosures: Unknown
Listing Office: Advisors in Real Estate, Inc.
Last Updated: October – 25 – 2024
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