Basics
Date added Added 2 years ago | Category Multifamily | Type 4 Plex | Status Active |
Year built 1957 | Days On Market 110 | List Price/SqFt 172.77 | County Pima |
List Number Main 22305488 | Lot Acres 1.72 acres | Municipality/Zoning Tucson - R2 | Lot Dimensions irregular |
View City | Attached/Detached Attached | MLS ID 22305488 |
Description
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Description:
Connestoga Apartments is a 13 unit centrally located community in one of the top rental markets in the nation. Units breakdown are as follows: (6) two bed one bath units, (3) one bed one bath, (1) three bed two bath (1) 3 bed two bath stand alone sfr, (2) two bed two bath & a secured Attached storage unit, carports, all central AC or mini-split, all have washer and dryer H/Us with conveying washer and dryers, one RV hook up +physical address of 243 W Roger # 3, a combined humongous 1.72 acre so the property can support the addition of more units. Current 5.9% cap rate, Fully leased, with tenants that have been professionally vetted with property manager. Shown with accepted offer, Property can go residential financing if buyer can purchase all four parcels, See agent notes for more info.
- Legal Description: From Parcel:106020140 /Amphitheater Acres N175' Of Lot 4
Rooms
- Sauna Level: Amphitheater
- Breakfast: Area
- Dining Areas: Dining in LR/GR
- Dining Room: Area
- Extra Room: some
Location
- Directions: E On Roger Rd From Oracle To Address
Building Details
- Lot Features: North/South Exposure
- Floor covering: Carpet, Ceramic Tile
- Roof: Membrane, Rolled
- Construction: Frame - Stucco
- Style: Southwestern
- Fence: Block
- Construction Status: Existing
Miscellaneous
- Compensation Disclaimer: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
- UnBranded Virtual Tour: Owner, Single
- Special Listing Conditions: None
- Ownership: Investor
- Subdivision Name: Pastime Estates
- Co-op Fee: $3
- Unit 2 Details: Rent: 1075
- Landscape - Front: Other: Low Care,Natural Desert
- Utilities: Owner, Tenant
- Direction: W
- Horse Property: No
- Horse Facilities: No
- Electric: Electric Company: TEP
- Landscape - Rear: Other: Low Care
- Driveway: Paved: Refrigerator
- Association & Fees: HOA: No
- Home Protection: Offered: No
- Driveway: Car(s) Pad
- Fema Flood Zone: No
- Assessments: $0
- Section: 25
- Community: None
- Fire Protection: Included in Taxes
- Tax Code: 106-02-014A
- Range: 13.00
- Property Disclosures: Insurance Claims History Report,Lead Based Paint,Leases
- Road Type: Gravel
- Road Maintenance: Owner Maintenance
- Technology: Cable TV
- Terms: Cash,Conventional
- Income: Gross Scheduled Rent: 135847.00
- Income: Vacancy Loss: 0.00
- Income: Other Income: 1450.00
- Income: Total Expenses: $33,258.49
- Analysis: Cap Rate %: 6.31, 12.02
- Analysis: Gross Rent Multi: 12.02
- Analysis: Vacancy Rate %: 0.00
- Analysis: Exp/SqFt: 3.48 sq ft
- Analysis: Exp % of Gross: 24.22
Listing Office
- Listing Office ShortId: 51134
- ListingOfficeName: A-Level Up Realty, LLC
- Listing Office Phone: (520) 312-1367
- Listing Office Address: 1690 N Stone Ave, Unit 210, Tucson, AZ 85705
- Listing Office Url: http://www.livealevelup.com
- Listing Member Phone: (520) 332-4114, 53536
Units Information
- Unit 1 Details: Rent: 825
- Unit 1 Information: Floor: 1st
- Unit 1 Information: Furnished: No
- Unit 1 Information: Occupancy: Yes
- Unit 1 Details: SqFt: 700
- Unit 1 Details: # Bedrooms: 2
- Unit 1 Details: # Full Baths: 1
- Unit 1 Details: # Half Baths: 0
- Unit 1 Information: Parking: Single
- Unit 2 Details: # Bedrooms: 2
- Unit 2 Details: # Full Baths: 1
- Unit 2 Details: # Half Baths: 0
- Unit 2 Details: SqFt: 1000
- Unit 2 Information: Furnished: No
- Unit 2 Information: Floor: Yes, 1st
- Unit 2 Information: Parking: Carport
Amenities & Features
- Interior Features: Ceiling Fan(s)
- Exterior Features: None
- Sewer: Connected
- Accessibility Features: None
- Neighborhood Feature: None
- Laundry: Dryer Included,Washer Included
- Main Cooling: Central Air,Heat Pump,Zoned
- Main Heating: Electric,Forced Air,Zoned
- Patio/Deck: None
- Pool: None
- RV Parking: Space Available
- Security: None
- Spa: None
- Water: City Water
- Water Heater: Electric,Natural Gas
- Window Covering: Some
- Gas: Natural
- Total Parking: 20
Nearby Schools
- High School: Amphitheater
- Middle School: Amphitheater
- Elementary School: Rio Vista
Fees and Taxes
- Tax Year: 2022
- Expenses: Other Expenses: $0
- Expenses: Resident Manager: $0
- Expenses: Taxes/Assessments: $8,211.46
- Expenses: Management: $14,031.26
- Expenses: Water/Sewer: $6,215.77
- Expenses: Contract Services: $0
- Expenses: Figures Presented: $0
- Expenses: Admin Expenses: $0
- Expenses: Captial Expenses: $0
- Expenses: Insurance: $4,800
- Expenses: Gas/Electric: $0
- Expenses: Maintenance Supplies: $0
- Taxes: $8,211.46