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
Overview
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.
Listing Details MLS# 2624664
Address Information
- Street #
- 4285
- Direction
- E
- Street Name
- Benson
- Suffix
- Highway
- State/Province
- AZ
- Zip Code
- 85706
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 140-34-0150
- Area
- South
- Subdivision
- Unsubdivided
- 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
General Property Information
- Lot Dimensions
- 360 x 375
- Lot Acres
- 3
- Lot Sqft
- 130680
- Lot Size Source
- Other
- Combined SqFt
- 130680
- Year Built
- 1966
- List Price/SqFt
- 9.91
- Lot Size Price/SqFt
- 9.9
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
Status Change Info
- Off Market Date
- 2006-11-01
- Pending Date
- 2006-08-28
- Sold Date
- 2006-11-01
- Sold Price/SqFt
- 9.9
- Lot Sz Sold Prc/SqFt
- 9.9
- How Sold
- Other
More Information
Showing Information
- Directions
- The Palms is located at 4265 E. Benson Hwy and Sunset Gardens is located at 3168 E. Benson Hwy.
Analysis
- Cap Rate %
- 13.79
- Gross Rent Multi
- 4.87
- Vacancy Rate %
- 6.99
- Exp/SqFt
- 0.66
- Exp % of Gross
- 32.88
Income
- Gross Scheduled Rent
- 245880
- Vacancy Loss
- 17211
- Other Income
- 37413
- Adjusted Gross
- 266082
- Total Expenses
- 87500
- Net Opp Income
- 178582
Expenses
- Gas/Electric
- 50210
- Insurance
- 2800
- Maintenance Supplies
- 12707
- Management
- 11433
- Taxes/Assessments
- 7550
- Other Expenses
- 2800
Interior Features
- Interior Steps
- No
Miscellaneous
- Master Elec Meter
- Yes
- Master Gas Meter
- No
- Master Water Meter
- Yes
- Package Available
- Yes
Construction
- Masonry Stucco
- Yes
Sewer
- Connected
- Yes
Water
- Public
- Yes
Main Cooling
- Evaporative Cooling
- Yes
- Zoned
- Yes
Terms
- Owner Carry
- Yes
Security
- None
- Yes
Sold Info
- Financing
- Yes
Property Disclosures
- Unknown
- Yes
Documents
Lead Paint Discl ›
Listing Office:
Key Group LTD.
Last Updated: October - 26 - 2024
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