$1,200,000
Tucson, AZ 85745
MLS# 2515762
Status: Closed
297950 sqft
1 / 2
Property Description
MHP 42 of 45 lots leased. Room for more units, RV Storage? Development? Great part of growing area of town. New homes on two sides.
Details
Maps
Documents
Address Information
Country: USA
Street #: 2706
Direction: N
Street Name: Silverbell
Suffix: Road
State/Province: AZ
Zip Code: 85745
County: Pima
Location, Tax & Legal
Tax Year: 2004
Taxes: 6333
Assessments: 0
Legal Description: Irr Par Embracing Se Pt OF Sw4 Ne4 & Pt OF N668' of N2 Se4 Lyg E OF Silverbell Rd 6.84 Ac
Township: 13
Community: None
Range: 13
Section: 33
Municipality/Zoning: Tucson - R1
Fire Protection: None
Tax Code: 103-21-025C
Area: West
Subdivision: Other/Unknown
Status Change Info
Off Market Date: 2005-08-31
Sold Price/SqFt: 4.02
Lot Sz Sold Prc/SqFt: 4.02
How Sold: Cash Owner Carryback
Pending Date: 2005-08-12
Sold Date: 2005-08-31
Sold Price: $1,200,000
General Property Information
Lot Dimensions: 6.84 Acres
Lot Acres: 6.84
Lot Sqft: 297950
Lot Size Source: Assessor
List Price/SqFt: 4.2
Lot Size Price/SqFt: 4.19
Combined SqFt: 297950
Year Built: 1913
Showing Information
Directions: I-10 to Grant Road West to Silverbell North to 2706
Unit Info
# of Units/Studios: 45
Avg Mo Rent/Studios: 240
Income
Vacancy Loss: 8640
Adjusted Gross: 113520
Total Expenses: 16275
Gross Scheduled Rent: 122160
Net Opp Income: 97245
Analysis
Gross Rent Multi: 11.01
Vacancy Rate %: 7.07
Exp/SqFt: 0.05
Exp % of Gross: 14.33
Cap Rate %: 7.77
Construction
Other: 1
Expenses
Admin Expenses: 2475
Insurance: 4967
Maintenance Supplies: 2500
Taxes/Assessments: 6333
Sewer
Septic: 1
Main Heating
None: 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: No
Master Gas Meter: No
Master Water Meter: No
Package Available: Yes
Contract Information
Current Price: $1,200,000
Sold Price: $1,200,000
Listing Date: 2005-06-08
Status: Closed
Remarks Misc
Geo Lat: 32.257168
Geo Lon: -111.016563
Property Features
Construction: Other
Main Heating: None
Sewer: Septic
Security: None
Terms: Owner Carry
Property Disclosures: Unknown
Sold Info: Financing
Lead Paint Discl 
Listing Office: Coldwell Banker Realty
Last Updated: October - 26 - 2024
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