NOT LISTED FOR SALE
Studio
-- Bath
5,000 Sq Ft
0.6 Acres

Last Sold July 29, 2016

Last sale price $85,000 $17 Per Sq Ft

164 Days on Market

About This Home

As of July 2016

7 unit mobile home park, 6 units convey-Full Occupancy-5 units rented out. All are on a month to month lease & can be terminated w/ 30 day notice. 1 unit is used for the manager (no rent collected on unit #6.The manager gets his unfurnished Unit #6 to include the electric, water & phone. $450 for the unit plus about $200 per month for the phone, 1 unit, tenant owns the unit-pays for spot only-$325/month including water & electricity (unit #2).On all other 5 units,Owner pays water, tenants pay electric. Avg water bill $400-$450/month.3 units remodeled 2004.Separate electrical meters for each unit,1 water meter.Health permit to code. EXPENSES SUMMARY:Total 2015= $25,229
Utilities-13,167
Insurance- $2756
Legal- $330
Mainenance-$5886
Marketing-$242
Office-$371
Tax-$1116
Trash-$1361 Sold AS IS. Please include an AS IS addendum with the purchase offer.

Last Agent to Sell the Property

Anthony Boatner

Keller Williams Southern Arizona License #SA546201000 Listed on: 04/21/2016

Keller Williams Southern Arizona

Last Buyer's Agent

Mark Hays

Tierra Antigua Realty

Tierra Antigua Realty

Property Details

Property Type

  • Other

Year Built

  • Built in 1974

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 300x105x161x172
  • Property is zoned Pima County - MU

Home Design

  • 5,000 Sq Ft Home
  • Metal Construction or Metal Frame

Utilities

  • Central Air
  • Refrigerated and Evaporative Cooling System

Community Details

  • Insurance Expense $2,756
  • Maintenance Expense $5,886
  • Other Expense $9,128
  • Water Sewer Expense $5,400
  • New Taxes Expense $1,116
  • Operating Expense $25,229
  • Gross Income $13,943

Listing and Financial Details

  • $1,116 special tax assessment

Property Details

Property Type

Other

Year Built

Built in 1974

Lot Details

0.6 Acres

Listing Details

  • Property Type: Multi-Family
  • Unit Info Average Monthly Rent Two Bedroom: 450.0
  • Lot Size: 300x105x161x172
  • CapRate: -13.28
  • Supplies Expense: 5886.0
  • Co List Office Mls Id: 478306
  • Co List Office Phone: 520-615-8400
  • Co List Office Mls Id: 478313
  • Subdivision Name: Los Ranchitos
  • General Property Information: List Price/SqFt: 19.98
  • General Property Information: Lot Size Price/SqFt: 3.81
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Construction Type: Metal

Utilities

  • Utilities: Sewer Connected
  • Cooling: Central Air, Evaporative Cooling
  • Water Source: Public

Fee Information

  • Expenses Admin Expenses: 943.0
  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 5886.0
  • Expenses Other Expenses: 9128.0
  • Expenses Taxes Assessments: 1116.0
  • Annual Water Sewer Expense: 5400.0

Lot Info

  • Lot Size Sq Ft: 3.0
  • Zoning: Pima County - MU

Building Info

  • Year Built: 1974

Tax Info

  • Tax Year: 2015
  • New Taxes Expense: 1116.0

Multi Family

  • Annual Gross Income: 13943.0
  • Insurance Expense: 2756.0
  • Property Net Operating Income: -11286.0
  • Annual Operating Expense: 25229.0
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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 List to Sale Price per Sq Ft
07/29/2016 07/29/16 Sold $85,000 0.0% $17 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $85,000 -- $17 / Sq Ft
Source: MLS of Southern Arizona

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $1,427 $11,298 -- --
2025 $1,427 $10,760 -- --
2024 $1,353 $10,248 -- --
2023 $1,064 $9,760 $0 $0
2022 $1,012 $9,295 $0 $0
2021 $1,046 $8,450 $0 $0
2020 $1,054 $8,450 $0 $0
2019 $1,092 $8,450 $0 $0
2018 $1,130 $8,450 $0 $0
2017 $1,165 $8,450 $0 $0
2016 $1,141 $8,450 $0 $0
2015 $1,016 $8,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21604702

MLS of Southern Arizona
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