prevnext
Toggle

Community Golf Course Homes

$1,320,000

5540 E 26th Street
Tucson, AZ 85711
MLS# 2423051
Status: Closed
24779 sqft


West side of 3 bedroom house
  1 / 11  

West side of 3 bedroom house West view of property. House with sign View East on 26th View West on 26th View of East side of building View of East side of building View of rear of complex View of East side of building looking North Pool now has new cool coating. Additional Photo

Property Description
Single level masonary complex.Fully fenced.Pool and coin op laundry.Excellent entry level property.Operated under leases but could be set up for weekly retals for higher cash flow.Financials include 10% mgt w/10% vacancy.Proforma is sellers 2004/2005 fiscal budget.Priced just above $30k per unit. 12 new stoves wk. of 9/17/2004. Seller just had all iron fencing repaired and replaced 10 in wall A/C units 8/24/2004. Pool recently reconditioned.

Details
Maps
Documents
Address Information
Country: USA
Street #: 5540
Direction: E
Street Name: 26th
Suffix: Street
State/Province: AZ
Zip Code: 85711
County: Pima
Location, Tax & Legal
Tax Year: 2004
Taxes: 9756
Assessments: 0
Legal Description: Craycroft lots 1&2 BLK 10
Township: 14
Community: None
Range: 14
Section: 28
Municipality/Zoning: Tucson – R2
Fire Protection: Included in Taxes
Tax Code: 131-09-2140
Area: Central
Subdivision: Craycroft
Status Change Info
Off Market Date: 2005-03-25
Sold Price/SqFt: 53.27
Lot Sz Sold Prc/SqFt: 66
How Sold: Other
Pending Date: 2005-02-17
Sold Date: 2005-03-25
Sold Price: $1,320,000
Showing Information
Directions: 22nd & Craycroft south to 26th east to address.
General Property Information
Lot Dimensions: 200×100
Lot Acres: 0.46
Lot Sqft: 20000
Lot Size Source: Owner
List Price/SqFt: 58.52
Lot Size Price/SqFt: 72.5
Combined SqFt: 24779
Year Built: 1963
Unit Info
# of Units/Studios: 24
Avg Mo Rent/Studios: 310
# of Units/1 BR: 24
Avg Mo Rent/1 BR: 350
# of Units/2 BR: 4
Avg Mo Rent/2 BR: 550
# of Units/3 BR: 1
Avg Mo Rent/3 BR: 700
Income
Vacancy Loss: 22488
Other Income: 8000
Adjusted Gross: 210392
Total Expenses: 53143
Gross Scheduled Rent: 224880
Net Opp Income: 157249
Analysis
Gross Rent Multi: 6.89
Vacancy Rate %: 10
Exp/SqFt: 2.14
Exp % of Gross: 25.25
Cap Rate %: 10.84
Construction
Slump Block: 1
Expenses
Contract Services: 1595
Gas/Electric: 3000
Insurance: 3950
Maintenance Supplies: 6550
Management: 20239
Resident Manager: 1200
Taxes/Assessments: 9746
Water/Sewer: 5363
Other Expenses: 1500
Sewer
Connected: 1
Water
Public: 1
Main Cooling
Central Air: 1
Evaporative Cooling: 1
Neighborhood Features
Gated Community: 1
Interior Features
Interior Steps: No
Terms
Conventional: 1
Security
Window Bars: 1
Sold Info
Financing: 1
Property Disclosures
Lead Based Paint: 1
Military Airport Vct: 1
Miscellaneous
Master Elec Meter: No
Master Gas Meter: No
Master Water Meter: Yes
Package Available: Yes
Contract Information
Current Price: $1,320,000
Sold Price: $1,320,000
Listing Date: 2004-09-03
Status: Closed
Remarks Misc
Geo Lat: 32.202058
Geo Lon: -110.87381
Property Features
Construction: Slump Block
Main Cooling: Central Air; Evaporative Cooling
Sewer: Connected
Water: Public
Security: Window Bars
Neighborhood Features: Gated Community
Terms: Conventional
Property Disclosures: Lead Based Paint; Military Airport Vct
Sold Info: Financing

IDX
Listing Office: Long Realty Company

Last Updated: October – 26 – 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 2020 MLS of Southern Arizona. All Rights Reserved.

Search powered by FBS Products