3450 E Milton Road, Tucson, AZ 85706

$300,000
Property Type: Commercial Lot Size (sq. ft.): 5 Status: Closed
Current Price: $300,000 List Date: 1/24/2019 Last Modified: 4/22/2026

Overview

Description

GREAT OPPORTUNITY TO OWN THIS INVESTMENT PROPERTY WITH STABILIZED CASH FLOW INCOME AND LOW MAINTENANCE!! A well maintained 11 spaces Mobile Home Park, which consist of 2 separate tax parcel ID#s( 140-31-2930 and 140-31-3150). All Mobile Home units owned by tenants except 2 park-owned units, which currently are being sold and are conveyed with the sale. Long term tenants with solid payment history. New resurfaced driveway, electric and gas are individually metered, water is sub-metered which are billed to tenants back monthly. 4(four) promissory notes might be conveyed with full price offer. Please use TITLE SECURITY, MARCIA CORMACK AT 6640 N ORACLE RD, TUCSON,AZ 85704, PHONE#520-219-6451 since escrow has been started. Seller agent is relative to seller and seller is AZ licensed broker

Listing Details MLS# 21832719

Address Information

Street #
3450
Direction
E
Street Name
Milton
Suffix
Road
State/Province
AZ
Zip Code
85706
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
140-31-2930
Area
South
Tax Year
2018
Taxes
1766.04
Assessments
0
Legal Description
Los Ranchitos No 8 W130'S225' Lot 323 and W130' Lot 338
Municipality/Zoning
Pima County - MU
Fire Protection
Included in Taxes

General Property Information

Property Sub-Type
Mobile Home/RV Park
Construction Status
Existing
# Units
11
Multi-Tenant
Yes
Year Built
1975
Lot Dimensions
130'X529.90
Lot Acres
1.58
Lot Sqft
68887
Lot Size Source
Assessor
Source of SqFt
Other
Lot Size Price/SqFt
5.06

Property Features

Gas: Natural Sewer: Connected Water: Public Road Type: Paved Terms: Cash; Conventional; Submit Submit With Offer: Lender Pre-Approval; Proof of Funds Property Disclosures: None Special Conditions: None

Contract Information

Method of Title
Fee (Simple)
Short Sale
No

Status Change Info

Off Market Date
2019-03-30
Pending Date
2019-04-10
Sold Date
2019-04-15
Lot Sz Sold Prc/SqFt
4.35
Financing
Cash

More Information

Showing Information

Directions
From I-10/Palo Verde South pass Drexel to Milton West to address. Property driveway just next to the corner property on the southside of street behind the laundrymat

Income

Gross Scheduled Rent
45300
Vacancy Loss
2265
Adjusted Gross
43035
Net Opp Income
30124.5

Analysis

Cap Rate %
8
Gross Rent Multi
8.3
Vacancy Rate %
5
Exp % of Gross
28.5

Unit Information

Mobile Home/RV Park
Mobile Home Park

Electric

Electric Company
TEP

Sold Info

Est. Closing Date
2019-04-15
Seller Concessions
0

Gas

Natural
Yes

Sewer

Connected
Yes

Water

Public
Yes

Road Type

Paved
Yes

Terms

Cash
Yes
Conventional
Yes
Submit
Yes

Submit With Offer

Lender Pre-Approval
Yes
Proof of Funds
Yes

Property Disclosures

None
Yes

Special Conditions

None
Yes
IDX
Listing Office: WVR Realty LLC
Last Updated: April - 22 - 2026
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.

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