2085 N Grand Avenue, Nogales, AZ 85621
$1,250,000
Property Type:
Commercial
Square Footage:
81,664
Lot Size (sq. ft.):
9
Status:
Closed
Current Price:
$1,250,000
List Date:
8/16/2011
Last Modified:
12/06/2024
Description
Great Opportunity to purchase a 547 unit self storage facility offering a variety of sizes ranging in size from 24 sf to 1,140 sf. This property is located minutes from the border and I-19. This is an older facility with an outstanding price. A cell tower and U-Haul business go with the property.
More Information MLS# 21121689
Address Information
Country: USA
Street #: 2085
Direction: N
Street Name: Grand
Suffix: Avenue
State/Province: AZ
Zip Code: 85621
County: Santa Cruz
Location, Tax & Legal
Tax Year: 2010
Taxes: 24893
Assessments: 0
Legal Description: call office
Municipality/Zoning: Other - CALL
Fire Protection: Included in Taxes
Tax Code: 102-01-036B
Area: Santa Cruz
Status Change Info
Off Market Date: 2011-10-20
Sold Price/SqFt: 15.31
Lot Sz Sold Prc/SqFt: 6.69
Financing: Conventional
Pending Date: 2011-10-17
Sold Date: 2011-11-10
Sold Price: $1,250,000
Showing Information
Directions: Mariposa and Grant Ave north to address.
General Property Information
# Units: 547
Lot Dimensions: irregular
Lot Acres: 4.29
Lot Sqft: 186872
Lot Size Source: Assessor
Source of SqFt: Assessor
List Price/SqFt: 21.43
Lot Size Price/SqFt: 9.36
Year Built: 1984
Combined SqFt: 81664
Electric
3 Phase Power: Yes
Master Meter: Yes
Income
Vacancy Loss: 184660
Other Income: 7000
Adjusted Gross: 283992
Total Expenses: 94032
Gross Scheduled Rent: 461652
Net Opp Income: 189960
Analysis
Gross Rent Multi: 6.16
Vacancy Rate %: 40
Exp/SqFt: 1.15
Exp % of Gross: 33.11
Cap Rate %: 10.85
Construction
Concrete Block: 1
Expenses
Admin Expenses: 7500
Captial Expenses: 0
CAM in Rent: 1
Contract Services: 0
Figures Presented: Actual
Gas/Electric: 8100
Insurance: 2147
Maintenance Supplies: 8500
Management: 14892
Resident Manager: 18000
Taxes/Assessments: 24893
Water/Sewer: 0
Other Expenses: 10000
Sewer
Connected: 1
Water
Public: 1
Property Features
A.D.A. Compliant: No
Phase 1 Report: No
# Grade Doors: 16
Space Information
# Dock: 4
Main Cooling
Central Air: 1
Evaporative Cooling: 1
None: 1
Main Heating
Forced Air: 1
Natural Gas: 1
Terms
Cash: 1
Conventional: 1
Submit: 1
Property Disclosures
Unknown: 1
Contract Information
Current Price: $1,250,000
Sold Price: $1,250,000
Listing Date: 2011-08-16
Status: Closed
Remarks Misc
Geo Lat: 31.370005
Geo Lon: -110.931529
Property Features
Expenses: CAM in Rent
Construction: Concrete Block
Main Cooling: Central Air; Evaporative Cooling; None
Main Heating: Forced Air; Natural Gas
Sewer: Connected
Water: Public
Terms: Cash; Conventional; Submit
Property Disclosures: Unknown
Listing Office: Madera Realty and Mortgage
Last Updated: December - 06 - 2024
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