13035 N Tortolita Road, Marana, AZ 85653 (MLS# 2329492)

13035 N Tortolita Road, Marana, AZ 85653

$1,200,000
Property Type: Multi-Family Square Footage: 17,796 Lot Size (sq. ft.): 11 Status: Closed
Current Price: $1,200,000 List Date: 12/15/2003 Last Modified: 10/25/2024

Description

6 buildings consist of 162 storage units w/$15,360 avg mo rent (all different sizes w/some units being adjustable) + 32 spaces of RV/boat parking and an RV dump station, all on about 3 acres comm land. The property is surrounded by a decorative masonry wall. Almost finished. Over 6000 more homes are scheduled to be built in Dove Mtn with CC&Rs restricting visible RV/boat parking. Most of these homes will have very little storage space. Near I-10.

More Information MLS# 2329492

Address Information

Country: USA Street #: 13035 Direction: N Street Name: Tortolita Suffix: Road State/Province: AZ Zip Code: 85653 County: Pima

Location, Tax & Legal

Tax Year: 2002 Taxes: 3370 Assessments: 0 Legal Description: Long Legal Call LA Township: 11 Community: None Range: 12 Section: 26 Municipality/Zoning: Marana - C Fire Protection: Included in Taxes Tax Code: 218-44-086F Area: Northwest Subdivision: Unsubdivided

Status Change Info

Off Market Date: 2004-04-22 Sold Price/SqFt: 67.43 Lot Sz Sold Prc/SqFt: 9.87 How Sold: Conventional Pending Date: 2004-01-16 Sold Date: 2004-04-22 Sold Price: $1,200,000

Showing Information

Directions: Thornydale/Tangerine West to Dove Mountain, go North to Moore Rd, West to Tortolita, North to sign (next to fire station).

General Property Information

Lot Dimensions: Call LA Lot Acres: 2.79 Lot Sqft: 121532 Lot Size Source: Assessor List Price/SqFt: 77.26 Lot Size Price/SqFt: 11.31 Combined SqFt: 17796 Year Built: 2003

Unit Info

# of Units/Other: 162 Avg Mo Rent/Other: 15360

Income

Vacancy Loss: 9216 Adjusted Gross: 175104 Gross Scheduled Rent: 184320 Net Opp Income: 175104

Analysis

Gross Rent Multi: 7.85 Vacancy Rate %: 5 Cap Rate %: 12.73

Construction

Frame - Stucco: 1

Sewer

Connected: 1

Water

Water Company: Marana

Main Heating

None: 1

Interior Features

Interior Steps: No

Terms

Cash: 1 Conventional: 1

Sold Info

Financing: 1

Property Disclosures

Unknown: 1

Miscellaneous

Master Elec Meter: Yes Master Gas Meter: No Master Water Meter: Yes Package Available: Yes

Contract Information

Current Price: $1,200,000 Sold Price: $1,200,000 Listing Date: 2003-12-15 Status: Closed

Remarks Misc

Geo Lat: 32.443829 Geo Lon: -111.081026

Property Features

Construction: Frame - Stucco Main Heating: None Sewer: Connected Terms: Cash; Conventional Property Disclosures: Unknown Sold Info: Financing
Listing Office: Berkshire Hathaway Homeservices Premier Properties
Last Updated: October - 25 - 2024
13035 N Tortolita Road, Marana, AZ 85653- MLS# 2329492
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