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4285 E Benson Highway, Tucson, AZ 85706

$1,295,000
Property Type: Multi-Family Square Footage: 130,680 Lot Size (sq. ft.): 130,680 Status: Closed
Current Price: $1,295,000 List Date: 7/25/2006 Last Modified: 10/26/2024

Overview

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.

Listing Details MLS# 2624664

Address Information

Street #
4285
Direction
E
Street Name
Benson
Suffix
Highway
State/Province
AZ
Zip Code
85706
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
140-34-0150
Area
South
Subdivision
Unsubdivided
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

General Property Information

Lot Dimensions
360 x 375
Lot Acres
3
Lot Sqft
130680
Lot Size Source
Other
Combined SqFt
130680
Year Built
1966
List Price/SqFt
9.91
Lot Size Price/SqFt
9.9

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

Status Change Info

Off Market Date
2006-11-01
Pending Date
2006-08-28
Sold Date
2006-11-01
Sold Price/SqFt
9.9
Lot Sz Sold Prc/SqFt
9.9
How Sold
Other

More Information

Showing Information

Directions
The Palms is located at 4265 E. Benson Hwy and Sunset Gardens is located at 3168 E. Benson Hwy.

Analysis

Cap Rate %
13.79
Gross Rent Multi
4.87
Vacancy Rate %
6.99
Exp/SqFt
0.66
Exp % of Gross
32.88

Income

Gross Scheduled Rent
245880
Vacancy Loss
17211
Other Income
37413
Adjusted Gross
266082
Total Expenses
87500
Net Opp Income
178582

Expenses

Gas/Electric
50210
Insurance
2800
Maintenance Supplies
12707
Management
11433
Taxes/Assessments
7550
Other Expenses
2800

Interior Features

Interior Steps
No

Miscellaneous

Master Elec Meter
Yes
Master Gas Meter
No
Master Water Meter
Yes
Package Available
Yes

Construction

Masonry Stucco
Yes

Sewer

Connected
Yes

Water

Public
Yes

Main Cooling

Evaporative Cooling
Yes
Zoned
Yes

Terms

Owner Carry
Yes

Security

None
Yes

Sold Info

Financing
Yes

Property Disclosures

Unknown
Yes
IDX
Listing Office: Key Group LTD.
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 2026 MLS of Southern Arizona. All Rights Reserved.

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