5570 E Hampton Street

    Tucson, AZ 85712
    • $2,800,000
    • STATUS: Active
    • ID#: 21817983
    UPDATED: 145 min ago
    $2,800,000
    • 0
      BEDS
    • 1.35
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 28,812
      SQFT
    • $97
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1972
    County:
    Area:

    School Ratings & Info

    Courtesy of 520 Realty.

    Description

    41 unit apartment complex that is fully leased. 1 studio, 8 1 beedrooms, 8 2 bedroom 1 bath, 16 2 bedroom/2bath. 1 bedroom is 600 square feet. 2 bedroom units are over 800 square feet. 37 units have tile floors. All toilets were replaced in 2016 with low flow dual flush toilets. Participant in TEP Multi Family Housing Program. Every unit has low flow shower heads, low flow aerators, led light bulbs. Rents are higher than neighboring properties but there is still room to raise rents $25 to $50. Tenants currently pay for water as a separate charge with their rent. Many long term tenants. Do not Disturb tenants. List owner is related to seller.

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    © 2018 MLS of Southern Arizona. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty Executives Tucson Elite. Data last updated: 2018-12-12T00:07:07.24.
    www.thekmsteam.com/homes/85123141

    5570 E Hampton Street Tucson, AZ 85712

    • Price: $2,800,000
    • Status: Active
    • Updated: 145 min ago
    • ID#: 21817983
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.35
    Acres
    28,812
    SQFT
    $97
    $/SQFT
    1972
    Built
    Neighborhood:
    Central
    County:
    Pima
    Area:
    Central
    Property Description
    41 unit apartment complex that is fully leased. 1 studio, 8 1 beedrooms, 8 2 bedroom 1 bath, 16 2 bedroom/2bath. 1 bedroom is 600 square feet. 2 bedroom units are over 800 square feet. 37 units have tile floors. All toilets were replaced in 2016 with low flow dual flush toilets. Participant in TEP Multi Family Housing Program. Every unit has low flow shower heads, low flow aerators, led light bulbs. Rents are higher than neighboring properties but there is still room to raise rents $25 to $50. Tenants currently pay for water as a separate charge with their rent. Many long term tenants. Do not Disturb tenants. List owner is related to seller.
    Exterior Features

    Construction Concrete Block Fence Wrought Iron Landscape Front Decorative GravelLow Care Landscape Rear Low Care Parking FreePublic Parking Road Type Paved Roof Built-Up

    Interior Features

    Main Cooling Ac CentralGas Pac Main Heating Gas Pac Space Information Ceiling Height 8Ft Space Information Door Width 3Ft Water Heater Electric

    Property Features

    Analysis Cap Rate Percent 9.80 Assessments 0.00 Country Usa Electric Electric Company Tep Expenses Captial Expenses 6703.00 Expenses Contract Services 7100.00 Expenses Gas Electric 3500.00 Expenses Insurance 4745.00 Expenses Taxes Assessments 19775.00 Expenses Water Sewer 22038.00 Fema Flood Zone No Fire Protection Included in Taxes Freeway Highway Over 5.1 Miles Gas Natural Income Gross Scheduled Rent 285396.00 Income Other Income 2527.00 Lot Dimensions Unknown Lot Features Adjacent To Alley Lot Sqft 58800.00 Multi Tenant Yes Municipal Flood Zone No Municipality Zoning Tucson - O3 Property Disclosures Lead Based Paint Property Features Smoke Detector Property Sub Type Apartment Sewer Connected Short Sale No Source Of Sqft Assessor Tax Year 2017 Taxes 20091.45 Terms CashSubmit AllExchangeConventional Water City

    Listing provided courtesy of 520 Realty. Listing information © 2018 MLS of Southern Arizona.




    © 2018 MLS of Southern Arizona. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty Executives Tucson Elite. Data last updated: 2018-12-12T00:07:07.24.
     
    Realty Executives Tucson Elite
    5225 E Pima Street
    Tucson AZ, 85712
    Courtesy of 520 Realty.