730 E Limberlost Drive

    Tucson, AZ 85719
    • $950,000
    • STATUS: Active
    • ID#: 21812349
    Price Reduced
    UPDATED: 208 min ago
    $950,000
    • 0
      BEDS
    • 0.84
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,422
      SQFT
    • $91
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1971
    County:
    Area:

    School Ratings & Info

    Courtesy of Tierra Antigua Realty, Llc.

    Description

    21 apartment units. 19 -1 bd./1 bath units and 2 - 2 bd.1 bath units. Great location! Across the street from Sprouts Market and LA Fitness & near Tucson Regional Mall & the University of Arizona. Solid masonry construction and close to shopping restaurants and public transportation. One bdrm. units rent between $360.00 & $425.00, 2 bdrm. units are $550.00 & 650.00 per month. Tenants pay electric & gas. Master water meter. Value-add opportunity. Rents are WAY UNDER market in anarea of strong demand. Financials shown are actual 2018 figures. Sellers made one time capital improvements totaling $8,986 in 2018 not showing on expenses. Includes tax codes 108-20-011B & 108-20-011E.

    Monthly Payment Calculator





    © 2019 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: 2019-03-19T00:06:55.55.
    www.thekmsteam.com/homes/83088336

    730 E Limberlost Drive Tucson, AZ 85719

    • Price: $950,000
    • Status: Active
    • Updated: 208 min ago
    • ID#: 21812349
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.84
    Acres
    10,422
    SQFT
    $91
    $/SQFT
    1971
    Built
    Neighborhood:
    Central
    County:
    Pima
    Area:
    Central
    Property Description
    21 apartment units. 19 -1 bd./1 bath units and 2 - 2 bd.1 bath units. Great location! Across the street from Sprouts Market and LA Fitness & near Tucson Regional Mall & the University of Arizona. Solid masonry construction and close to shopping restaurants and public transportation. One bdrm. units rent between $360.00 & $425.00, 2 bdrm. units are $550.00 & 650.00 per month. Tenants pay electric & gas. Master water meter. Value-add opportunity. Rents are WAY UNDER market in anarea of strong demand. Financials shown are actual 2018 figures. Sellers made one time capital improvements totaling $8,986 in 2018 not showing on expenses. Includes tax codes 108-20-011B & 108-20-011E.
    Exterior Features

    Construction Brick Fence None Landscape Front Low Care Landscape Rear Low Care Parking Paved Parking Road Type Paved Roof Built-Up - Reflect

    Interior Features

    Main Cooling Evap Central Main Heating Forced Air - ElecForced Air - Gas Water Heater Natural Gas

    Property Features

    Accessibility Option None Analysis Cap Rate Percent 5.96 Analysis Exp Percent Of Gross 44.86 Analysis Exp Sqft 4.42 Analysis Gross Rent Multi 9.25 Analysis Vacancy Rate Percent 4.00 Assessments 0.00 Country Usa Electric Electric Company Tep Expenses Cam in Rent Expenses Admin Expenses 1217.00 Expenses Captial Expenses 0.00 Expenses Contract Services 1440.00 Expenses Figures Presented Actual Expenses Gas Electric 0.00 Expenses Insurance 6003.00 Expenses Maintenance Supplies 8731.00 Expenses Management 6943.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 9203.00 Expenses Water Sewer 12550.00 Fema Flood Zone No Fire Protection Included in Taxes Gas Natural Income Adjusted Gross 102735.00 Income Gross Scheduled Rent 105540.00 Income Net Opp Income 56648.00 Income Other Income 1420.00 Income Total Expenses 46087.00 Income Vacancy Loss 4225.00 Lot Dimensions Irregular Lot Features North/South Exposure Lot Sqft 34412.00 Municipal Flood Zone No Municipality Zoning Tucson - 03 Property Disclosures Lead Based PaintSeller Prop DisclosureEasements Property Sub Type Apartment Security None Sewer Connected Short Sale No Source Of Sqft Assessor Special Conditions None Tax Year 2017 Taxes 9011.91 Terms CashConventional Water City

    Listing provided courtesy of Tierra Antigua Realty, Llc. Listing information © 2019 MLS of Southern Arizona.




    © 2019 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: 2019-03-19T00:06:55.55.
     
    Realty Executives Tucson Elite
    5225 E Pima Street
    Tucson AZ, 85712
    Courtesy of Tierra Antigua Realty, Llc.