4285 E Benson Highway, Tucson, AZ 85706
$1,295,000
Property Type:
Multi-Family
Square Footage:
130,680
Lot Size (sq. ft.):
9
Status:
Closed
Current Price:
$1,295,000
List Date:
7/25/2006
Last Modified:
10/26/2024
Description
PRICE REDUCTION TO $1,295,000.00 Properties are composed of the combination of 24 rental units at Sunset Gardens with 13 mobile home pads and 11 apartments together with 44 rental units at The Palms with 37 mobile home pads and 7 apartments. Units must be sold together. Close to airport and convenient to freeways. Great possibilities for adding value. Call Listing Agent for current rent roll & financials.
More Information MLS# 2624664
Address Information
Country: USA
Street #: 4285
Direction: E
Street Name: Benson
Suffix: Highway
State/Province: AZ
Zip Code: 85706
County: Pima
Location, Tax & Legal
Tax Year: 2005
Taxes: 7550
Assessments: 0
Legal Description: Ray ammended lot 3 Blk 3
Township: 15
Community: None
Range: 14
Section: 10
Municipality/Zoning: Pima County - CB2
Fire Protection: Included in Taxes
Tax Code: 140-34-0150
Area: South
Subdivision: Unsubdivided
Status Change Info
Off Market Date: 2006-11-01
Sold Price/SqFt: 9.9
Lot Sz Sold Prc/SqFt: 9.9
How Sold: Other
Pending Date: 2006-08-28
Sold Date: 2006-11-01
Sold Price: $1,295,000
Showing Information
Directions: The Palms is located at 4265 E. Benson Hwy and Sunset Gardens is located at 3168 E. Benson Hwy.
General Property Information
Lot Dimensions: 360 x 375
Lot Acres: 3
Lot Sqft: 130680
Lot Size Source: Other
List Price/SqFt: 9.91
Lot Size Price/SqFt: 9.9
Combined SqFt: 130680
Year Built: 1966
Income
Vacancy Loss: 17211
Other Income: 37413
Adjusted Gross: 266082
Total Expenses: 87500
Gross Scheduled Rent: 245880
Net Opp Income: 178582
Analysis
Gross Rent Multi: 4.87
Vacancy Rate %: 6.99
Exp/SqFt: 0.66
Exp % of Gross: 32.88
Cap Rate %: 13.79
Construction
Masonry Stucco: 1
Expenses
Gas/Electric: 50210
Insurance: 2800
Maintenance Supplies: 12707
Management: 11433
Taxes/Assessments: 7550
Other Expenses: 2800
Sewer
Connected: 1
Water
Public: 1
Main Cooling
Evaporative Cooling: 1
Zoned: 1
Interior Features
Interior Steps: No
Terms
Owner Carry: 1
Security
None: 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: $1,295,000
Sold Price: $1,295,000
Listing Date: 2006-06-20
Status: Closed
Remarks Misc
Geo Lat: 32.141887
Geo Lon: -110.900297
Property Features
Construction: Masonry Stucco
Main Cooling: Evaporative Cooling; Zoned
Sewer: Connected
Water: Public
Security: None
Terms: Owner Carry
Property Disclosures: Unknown
Sold Info: Financing
Documents
Lead Paint Discl ›Listing Office: Key Group LTD.
Last Updated: October - 26 - 2024
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