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Community Golf Course Homes

$2,450,000

2559 N Tucson Boulevard
Tucson, AZ 85716
MLS# 22426269
Status: Closed
15502 sqft


Copperview Apartments
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Copperview Apartments North building North balcony units North side Pool in center Community pool South building walkway South building privacy Charming setting Laundry and mail 2 bedroom kitchen 2 bedroom living 2 bedroom bath 1 bedroom kitchen 1 bedroom living Aerial view of all Aerial of north bldg Aerial of south bldg CopperView sign

Property Description
Well maintained 26 unit apartment building in prime location near Grant Rd and Tucson Blvd. 24 single bedroom units and 2 two bedroom. U shaped configuration with pool in the center. Two levels. Unit have a balcony or patio, full kitchen, AC. 10 covered parking spaces and 16 surface parking spots. Side street parking available also. Laundry
facilities on site. 1.5 miles from the U of A, public transportation available, shopping, restaurants and multiple amenities close by. A rare investment find in an ideal location. Value add potential! Please do not enter the property without authorization and respect for tenants rights.

Details
Maps
Address Information
Country: USA
Street #: 2559
Direction: N
Street Name: Tucson
Suffix: Boulevard
State/Province: AZ
Zip Code: 85716
County: Pima
Location, Tax & Legal
Tax Year: 2023
Taxes: 11138
Assessments: 0
Taxes For: Building & Land
Legal Description: 2 lots. 112-06-4230: From parcel:001010010/W140′ E185′ S140′ N170′ Se4 Sw4 .45 Ac Sec 32-13-14
112-06-4220 in remarks
Development Name: Sudana Catalina View Addition
Municipality/Zoning: Tucson – R3
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Tax Code: 112-06-4230
Area: Central
Contract Information
Method of Title: Fee (Simple)
Short Sale: No
Current Price: $2,450,000
Sold Price: $2,450,000
Listing Date: 2024-10-23
Status: Closed
Status Change Info
Off Market Date: 2024-11-15
Sold Price/SqFt: 158.04
Lot Sz Sold Prc/SqFt: 82.96
Financing: Cash Owner Carryback
Pending Date: 2025-01-30
Sold Date: 2025-01-31
Sold Price: $2,450,000
Showing Information
Directions: Tucson north of Grant and property is on the west side of the street
General Property Information
Property Sub-Type: Apartment
Construction Status: Existing
# Units: 26
Lot Dimensions: 139 x 215 x 138 x 217
Lot Acres: 0.68
Total Parking: 26
Lot Sqft: 29533
Multi-Tenant: Yes
Lot Size Source: Assessor
Source of SqFt: Assessor
Leasable SqFt: 15362
List Price/SqFt: 164.49
Lot Size Price/SqFt: 86.34
Year Built: 1986
Combined SqFt: 15502
Electric
Electric Company: TEP
Income
Vacancy Loss: 13410
Other Income: 2400
Adjusted Gross: 257190
Gross Scheduled Rent: 268200
Net Opp Income: 176730
Gas
None: 1
Analysis
Gross Rent Multi: 9.53
Vacancy Rate %: 5
Cap Rate %: 6.54
Construction
Frame – Stucco: 1
Expenses
Insurance: 12000
Maintenance Supplies: 30000
Management: 19483
Taxes/Assessments: 11138
Other Expenses: 7841
Sewer
Connected: 1
Unit Information
Apartment: Low Rise
Apartment Unit Information
Avg Mo Rent/1 BR: 845
Avg Mo Rent/2 BR: 1035
Roof
Built-Up – Reflect: 1
Water
Public: 1
Property Features
A.D.A. Compliant: Unknown
Smoke Detector: 1
Fence
Block: 1
Road Type
Paved: 1
Fenced Storage
No: 1
Lot Features
North/South Exposure: 1
Subdivided: 1
Main Cooling
Central Air: 1
Zoned: 1
Main Heating
Electric: 1
Forced Air: 1
Water Heater
Electric: 1
Terms
Cash: 1
Conventional: 1
Submit With Offer
Income Property Addendum: 1
Loan Pre-Qualifiaction: 1
Proof of Funds: 1
Security
None: 1
Sold Info
Seller Concessions: 0
Landscape – Front
Low Care: 1
Shrubs: 1
Trees: 1
Landscape – Rear
Decorative Gravel: 1
Trees: 1
Parking
# Covered Parking: 10
Fenced Parking: 1
Free: 1
Other: 16 uncovered
Business Location
Free Standing Bldg: 1
Freeway/Highway
2.1 – 5 Mile: 1
Traffic Count
Unknown: 1
Possession
Recording: 1
Restrictions
CC&R: 1
Property Disclosures
Seller Prop Disclosure: 1
Special Conditions
None: 1
Remarks Misc
Geo Lat: 32.25369
Geo Lon: -110.935747
Property Features
Property Features: Smoke Detector
Construction: Frame – Stucco
Roof: Built-Up – Reflect
Fenced Storage: No
Main Cooling: Central Air; Zoned
Main Heating: Electric; Forced Air
Water Heater: Electric
Gas: None
Sewer: Connected
Water: Public
Security: None
Fence: Block
Landscape – Front: Low Care; Shrubs; Trees
Landscape – Rear: Decorative Gravel; Trees
Road Type: Paved
Parking: Fenced Parking; Free
Lot Features: North/South Exposure; Subdivided
Business Location: Free Standing Bldg
Traffic Count: Unknown
Terms: Cash; Conventional
Possession: Recording
Submit With Offer: Income Property Addendum; Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Seller Prop Disclosure
Special Conditions: None
Restrictions: CC&R

IDX
Listing Office: Long Realty

Last Updated: July – 14 – 2025

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