2928 N 15th Avenue, Tucson, AZ 85705 (MLS# 2623803)

$1,290,000

2928 N 15th Avenue
Tucson, AZ 85705
MLS# 2623803
Status: Closed
12000 sqft

1 / 5

Property 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.

Details

Maps

Documents

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

Listing Documents

Lead Paint Discl

Listing Office: Long Realty

Last Updated: October – 26 – 2024

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo.
All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.

Community Golf Course Homes