2928 N 15th Avenue, Tucson, AZ 85705
$1,290,000
Property Type:
Multi-Family
Square Footage:
12,000
Lot Size (sq. ft.):
18
Status:
Closed
Current Price:
$1,290,000
List Date:
6/14/2006
Last Modified:
10/26/2024
Description
A 40 space mobile home park just south of Ghost Ranch Lodge/Condos with 24 park owned trailers. Pad rents average $257 per month including water/trash. Tenants pay metered electric and gas. Trailers with pads average $436 per month. Scheduled gross is actual. Expenses are actual with on-site co-owner charging 5% management. Please do not enter park or contact owners/manager or tenants without agent permission.
More Information MLS# 2623803
Address Information
Country: USA
Street #: 2928
Direction: N
Street Name: 15th
Suffix: Avenue
State/Province: AZ
Zip Code: 85705
County: Pima
Location, Tax & Legal
Tax Year: 2005
Taxes: 3868
Assessments: 0
Legal Description: Mesa Verde lots 7 10 & 11 Blk 2.
Township: 13
Community: None
Range: 13
Section: 35
Municipality/Zoning: Tucson - C2
Fire Protection: Included in Taxes
Tax Code: 107-05-1080
Area: Central
Subdivision: Mesa Verde
Status Change Info
Off Market Date: 2006-08-18
Sold Price/SqFt: 107.5
Lot Sz Sold Prc/SqFt: 16.73
How Sold: Conventional
Pending Date: 2006-06-16
Sold Date: 2006-08-18
Sold Price: $1,290,000
Showing Information
Directions: Oracle/Miracle Mile west to 15th Ave south to address. NEC 15th & Laguna.
General Property Information
Lot Dimensions: 275x285x275x285
Lot Acres: 1.77
Lot Sqft: 77101
Lot Size Source: Assessor
List Price/SqFt: 116.67
Lot Size Price/SqFt: 18.15
Combined SqFt: 12000
Year Built: 1964
Unit Info
# of Units/2 BR: 24
Avg Mo Rent/2 BR: 436
# of Units/Other: 16
Avg Mo Rent/Other: 257
Income
Vacancy Loss: 11272
Other Income: 7200
Adjusted Gross: 177920
Total Expenses: 35792
Gross Scheduled Rent: 181992
Net Opp Income: 142128
Analysis
Gross Rent Multi: 7.86
Vacancy Rate %: 6.19
Exp/SqFt: 2.98
Exp % of Gross: 20.11
Cap Rate %: 10.15
Expenses
Admin Expenses: 2372
Contract Services: 1824
Insurance: 1692
Maintenance Supplies: 8490
Management: 7200
Taxes/Assessments: 3868
Water/Sewer: 6469
Other Expenses: 3877
Sewer
Connected: 1
Water
Public: 1
Interior Features
Interior Steps: Yes
Terms
Cash: 1
Conventional: 1
Owner Carry: 1
Submit: 1
Sold Info
Financing: 1
Property Disclosures
Lead Based Paint: 1
Miscellaneous
Master Elec Meter: Yes
Master Gas Meter: Yes
Master Water Meter: Yes
Package Available: Yes
Contract Information
Current Price: $1,290,000
Sold Price: $1,290,000
Listing Date: 2006-06-14
Status: Closed
Remarks Misc
Geo Lat: 32.259812
Geo Lon: -110.98181
Property Features
Sewer: Connected
Water: Public
Terms: Cash; Conventional; Owner Carry; Submit
Property Disclosures: Lead Based Paint
Sold Info: Financing
Documents
Lead Paint Discl ›Listing Office: Long Realty
Last Updated: October - 26 - 2024
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