1741 W Wetmore Road, Tucson, AZ 85705
$1,172,500
Property Type:
Multi-Family
Square Footage:
132,858
Lot Size (sq. ft.):
9
Status:
Closed
Current Price:
$1,172,500
List Date:
2/15/2005
Last Modified:
10/26/2024
Description
Very clean pride of ownership 42 space mobile home park. Property consists of 41 park owned rental units, 1 rented lot. Tenants pay for ALL utilities, NEW Gas line installed in 03,owned & billed by SW Gas. NEW streets in 03. This property is located on 3.05 acres. Owners currently/have managed property since 1998. Small office included, this is a turn key operation and excellent investment opportunity. Seller is licensed real estate agent in AZ.
More Information MLS# 2428408
Address Information
Country: USA
Street #: 1741
Direction: W
Street Name: Wetmore
Suffix: Road
State/Province: AZ
Zip Code: 85705
County: Pima
Location, Tax & Legal
Tax Year: 2003
Taxes: 6031
Assessments: 0
Legal Description: Long legal in office.
Township: 13
Community: None
Range: 13
Section: 22
Municipality/Zoning: Pima County - MU
Fire Protection: Included in Taxes
Tax Code: 104-07-045A
Area: Central
Subdivision: Unsubdivided
Status Change Info
Off Market Date: 2005-07-01
Sold Price/SqFt: 8.82
Lot Sz Sold Prc/SqFt: 8.82
How Sold: Cash Owner Carryback
Pending Date: 2005-04-11
Sold Date: 2005-07-01
Sold Price: $1,172,500
Showing Information
Directions: Oracle and Wetmore go west on Wetmore to address on south side of Wetmore. Go south down private drive 300 to property.
General Property Information
Lot Dimensions: 419x315x419x316
Lot Acres: 3.05
Lot Sqft: 132858
Lot Size Source: Assessor
List Price/SqFt: 9.78
Lot Size Price/SqFt: 9.78
Combined SqFt: 132858
Year Built: 1966
Unit Info
# of Units/1 BR: 2
Avg Mo Rent/1 BR: 380
# of Units/2 BR: 11
Avg Mo Rent/2 BR: 408
# of Units/3 BR: 28
Avg Mo Rent/3 BR: 488
Income
Vacancy Loss: 27000
Other Income: 34800
Adjusted Gross: 235080
Total Expenses: 86647
Gross Scheduled Rent: 227280
Net Opp Income: 148433
Analysis
Gross Rent Multi: 5.53
Vacancy Rate %: 11.87
Exp/SqFt: 0.65
Exp % of Gross: 36.85
Cap Rate %: 11.41
Construction
Other: 1
Expenses
Gas/Electric: 20108
Insurance: 6086
Maintenance Supplies: 4643
Resident Manager: 13178
Taxes/Assessments: 8850
Water/Sewer: 6082
Other Expenses: 27700
Sewer
Connected: 1
Water
Water Company: Flowing Wells
Main Cooling
Central Air: 1
Evaporative Cooling: 1
Main Heating
Forced Air: 1
Natural Gas: 1
Interior Features
Interior Steps: No
Terms
Cash: 1
Conventional: 1
Exchange: 1
Submit: 1
Security
None: 1
Sold Info
Financing: 1
Property Disclosures
Lead Based Paint: 1
Miscellaneous
Master Elec Meter: Yes
Master Gas Meter: No
Master Water Meter: Yes
Package Available: Yes
Contract Information
Current Price: $1,172,500
Sold Price: $1,172,500
Listing Date: 2004-11-10
Status: Closed
Remarks Misc
Geo Lat: 32.285451
Geo Lon: -111.002036
Property Features
Construction: Other
Main Cooling: Central Air; Evaporative Cooling
Main Heating: Forced Air; Natural Gas
Sewer: Connected
Security: None
Terms: Cash; Conventional; Exchange; Submit
Property Disclosures: Lead Based Paint
Sold Info: Financing
Documents
Lead Paint Discl ›Listing Office: Coldwell Banker Realty
Last Updated: October - 26 - 2024
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