NOT LISTED FOR SALE
-- Bed
-- Bath
6,621 Sq Ft
0.77 Acres

Last Sold August 18, 2017

Last sale price $525,000 $79 Per Sq Ft

84 Days on Market

About This Home

As of August 2017

GREAT FOR INVESTORS AS RENTAL PROPERTY OR FIX AND FLIP!! PROPERTY IS LOCATED OFF BENSON HWY APPROX. 2 MILES FROM I-10 AND 6 MILES FROM I-19. 31 UNITS, AVG $400/MO RENT, $125/WK RENT, SITUATED ON .77 ACRE LOT. ALL UTILITIES ARE SERVICED BY CITY OF TUCSON AND INCLUDED IN RENT. PROPERTY IS A MOTEL WITH FLUCTUATING OCCUPANCY RATES AND RENTAL RATES. 5 RV SPACES, 2 MANUFACTURES HOMES, AND A 2 BEDROOM 1 BATHROOM MANAGERS QUARTERS.

Last Agent to Sell the Property

Pete Peterson

Keller Williams Southern Arizona Listed on: 03/23/2017

Keller Williams Southern Arizona

Co-Listed By

Angela Kuzma

Keller Williams Southern Arizona

Last Buyer's Agent

Phillip Fileccia

Realty Executives Arizona Territory

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,396

Year Built

  • Built in 1971

Lot Details

  • 0.77 Acre Lot
  • Lot Dimensions are 156 x 232

Home Design

  • 6,621 Sq Ft Home

Utilities

  • Evaporated cooling system
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • $4,069 special tax assessment

Community Details

Overview

  • Los Ranchitos Subdivision

Building Details

  • Fuel Expense $24,803
  • Insurance Expense $2,629
  • Maintenance Expense $2,880
  • Professional Management Expense $10,986
  • Water Sewer Expense $21,153
  • Gross Income $122,241
  • Net Operating Income $46,606

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,396

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Legal Description: LOS RANCHITOS LOTS 35 & 36 EXC NELY 18'
  • List Price per Sq Ft: 95.15
  • Unit Info Average Monthly Rent One Bedroom: 400.00
  • Unit Info Average Monthly Rent Studios: 400.00
  • Unit Info Number Of Units1 B R: 4
  • Unit Info Number Of Units Other: 8
  • Unit Info Number Of Units Studios: 19
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 6621.00

Utilities

  • Water: City Water
  • Fire Protection: None
  • Main Cooling: Evaporative Cooling, Wall Unit(s)
  • Main Heating: Wall
  • Security: None
  • Sewer: Connected

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Admin Expenses: 1225.00
  • Expenses Contract Services: 317.00
  • Expenses Figures Presented: Actual
  • Expenses Gas Electric: 24803.00
  • Expenses Maintenance Supplies: 2880.00
  • Expenses Other Expenses: 7573.00
  • Expenses Taxes Assessments: 4069.00

Lot Info

  • Property Group ID: 19990816212116581394000000
  • Lot Acres: 0.77
  • Lot Dimensions: 156 x 232
  • Lot Size Price Sq Ft: 18.79
  • Lot Sq Ft: 33523.78
  • Lot Sz Sold Prc Sq Ft: 15.66
  • Municipality Zoning: Tucson - MU

Building Info

  • Year Built: 1971

Tax Info

  • Tax Code: 140-09-0260
  • Taxes: 3396.42
  • Tax Year: 2016

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2017 08/18/17 Sold $525,000 0.0% $79 / Sq Ft
07/19/2017 07/19/17 Pending -- -- --
03/23/2017 03/23/17 For Sale $525,000 -- $79 / Sq Ft
Source: MLS of Southern Arizona

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21708364

MLS of Southern Arizona