311 W Pastime Road $675,000

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    311 W Pastime Road Tucson, AZ 85705

    Closed
    SOLD 9/30/2020

    $675,000

    • 0.45 Acres
    • Commercial
    • MLS# 22017379
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    Views: 26

    Property Details

    Pastime suites is a 6 unit gated apartment community meticulously maintained by the original owner/builders of the property. Very private and secure with solar/electric gated access and plenty of parking. The property consists of three buildings with four, one bedroom one bath townhomes and two, two bedroom one bath townhomes with open modern floor plans, private outdoor spaces with covered patios, BBQ area and private yards. All units are rented furnished and include all utilities, housewares, linens, electronics and WIFI. THE PROPERTY IS 100% OCCUPIED. THE OCCUPANCY RATE HAS NOT BENN EFFECTED BY COVID-19. Leases range from 30 days min. to 12 months. Location is just south of the Tucson Regional Shopping Mall. 3 1/2 years financials, rent roll and marketing brochure under documents tab.

    • General Features
      • Area Central
      • County Pima
      • Short Sale No
      • Tax Year 2019
      • Taxes 2775.00
      • Year Built 2003
    • Building Features
      • Construction Frame - Stucco
      • Building SqFt 3941.00
      • Fire Protection Included in Taxes
      • Main Cooling AC Central
      • Number of Units 6
      • Main Heating Heat Pump
      • Roof Built-Up
      • Water Heater Electric
    • Property Features
      • Analysis: Cap Rate % 7.80
      • Assessments 0.00
      • Total Parking 14
      • Lot Acres 0.45
      • Lot Dimensions 65x312
      • Lot SqFt 19602.00

    Neighborhood

    85705 (Tucson) Demographics

    33 Median Age
    4,183 Population Density (per sq. mile)
    23% College Educated
    $24,717 Estimated Median Income
    10,350 Estimated Total Home Owners
    13,656 Estimated Total Renters
    43% / 57% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    56,863 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $195,000 Median Sales Price
    35 Homes Sold
    30 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source New Value: $0 -100%
        9/30/2020 12:00:00 AM Sold Source New Value: $675,000
        9/21/2020 11:16:52 AM Status Changed Source New Value: Pending
        8/24/2020 12:03:27 PM Status Changed Source New Value: Active Contingent

        About

        Matt Rivera

        Matt Rivera Regional Mortgage Manager

        Matt Rivera – Regional Mortgage Manager, Long Mortgage

        Matt Rivera has more than 18 years of experience in the lending industry. He has experience in a wide variety of positions vital to the originating, funding and eventual sale of residential mortgages.  Matt currently manages a team of Mortgage Consultants, Processors and Closer in multiple states. Matt is a native Tucsonan and a graduate of the University of Arizona’s Eller College of Management with a major in Finance.  

        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 Long Realty are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved.



        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.