4285 E Benson Highway, Tucson, AZ 85706 (MLS# 2624664)

$1,295,000

4285 E Benson Highway
Tucson, AZ 85706
MLS# 2624664
Status: Closed
130680 sqft

Property 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.

Details

Maps

Documents

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

Listing Documents

Lead Paint Discl

Listing Office: Key Group LTD.

Last Updated: October – 26 – 2024

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