$1,200,000
Marana, AZ 85653
MLS# 2329492
Status: Closed
17796 sqft
1 / 2
Property Description
6 buildings consist of 162 storage units w/$15,360 avg mo rent (all different sizes w/some units being adjustable) + 32 spaces of RV/boat parking and an RV dump station, all on about 3 acres comm land. The property is surrounded by a decorative masonry wall. Almost finished. Over 6000 more homes are scheduled to be built in Dove Mtn with CC&Rs restricting visible RV/boat parking. Most of these homes will have very little storage space. Near I-10.
Details
Maps
Address Information
Country: USA
Street #: 13035
Direction: N
Street Name: Tortolita
Suffix: Road
State/Province: AZ
Zip Code: 85653
County: Pima
Location, Tax & Legal
Tax Year: 2002
Taxes: 3370
Assessments: 0
Legal Description: Long Legal Call LA
Township: 11
Community: None
Range: 12
Section: 26
Municipality/Zoning: Marana - C
Fire Protection: Included in Taxes
Tax Code: 218-44-086F
Area: Northwest
Subdivision: Unsubdivided
Status Change Info
Off Market Date: 2004-04-22
Sold Price/SqFt: 67.43
Lot Sz Sold Prc/SqFt: 9.87
How Sold: Conventional
Pending Date: 2004-01-16
Sold Date: 2004-04-22
Sold Price: $1,200,000
General Property Information
Lot Dimensions: Call LA
Lot Acres: 2.79
Lot Sqft: 121532
Lot Size Source: Assessor
List Price/SqFt: 77.26
Lot Size Price/SqFt: 11.31
Combined SqFt: 17796
Year Built: 2003
Showing Information
Directions: Thornydale/Tangerine West to Dove Mountain, go North to Moore Rd, West to Tortolita, North to sign (next to fire station).
Unit Info
# of Units/Other: 162
Avg Mo Rent/Other: 15360
Income
Vacancy Loss: 9216
Adjusted Gross: 175104
Gross Scheduled Rent: 184320
Net Opp Income: 175104
Analysis
Gross Rent Multi: 7.85
Vacancy Rate %: 5
Cap Rate %: 12.73
Construction
Frame - Stucco: 1
Sewer
Connected: 1
Water
Water Company: Marana
Main Heating
None: 1
Interior Features
Interior Steps: No
Terms
Cash: 1
Conventional: 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: $1,200,000
Sold Price: $1,200,000
Listing Date: 2003-12-15
Status: Closed
Remarks Misc
Geo Lat: 32.443829
Geo Lon: -111.081026
Property Features
Construction: Frame - Stucco
Main Heating: None
Sewer: Connected
Terms: Cash; Conventional
Property Disclosures: Unknown
Sold Info: Financing
Listing Office: Berkshire Hathaway Homeservices Premier Properties
Last Updated: October - 25 - 2024
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