5570 E Hampton Street

    Tucson, AZ 85712
    • $2,800,000
    • STATUS: Active
    • ID#: 21901658
    UPDATED: 16 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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    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-07-18T12:06:27.387.
    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 Luxury Group - Realty Executives Tucson Elite are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
    www.luxurygroupaz.com/homes/90989860

    5570 E Hampton Street Tucson, AZ 85712

    • Price: $2,800,000
    • Status: Active
    • Updated: 16 min ago
    • ID#: 21901658
    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 CashConventionalExchangeSubmit All Water City

    Listing provided courtesy of 520 Realty. Listing information © 2019 MLS of Southern Arizona.


    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-07-18T12:06:27.387.
    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 Luxury Group - Realty Executives Tucson Elite are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
     
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    Courtesy of 520 Realty.