2928 N 15th Avenue, Tucson, AZ 85705
$1,290,000
Property Type:
Multi-Family
Square Footage:
12,000
Lot Size (sq. ft.):
77,101
Status:
Closed
Current Price:
$1,290,000
List Date:
6/14/2006
Last Modified:
10/26/2024
Description
A 40 space mobile home park just south of Ghost Ranch Lodge/Condos with 24 park owned trailers. Pad rents average $257 per month including water/trash. Tenants pay metered electric and gas. Trailers with pads average $436 per month. Scheduled gross is actual. Expenses are actual with on-site co-owner charging 5% management. Please do not enter park or contact owners/manager or tenants without agent permission.
More Information MLS# 2623803
Address Information
Street #: 2928
Direction: N
Street Name: 15th
Suffix: Avenue
State/Province: AZ
Zip Code: 85705
County: Pima
Country: USA
Location Tax Legal
Tax Code: 107-05-1080
Area: Central
Subdivision: Mesa Verde
Contract Information
Current Price: $1,290,000
Sold Price: $1,290,000
Listing Date: 2006-06-14
Status: Closed
Status Change Info
Off Market Date: 2006-08-18
Pending Date: 2006-06-16
Sold Date: 2006-08-18
Sold Price: $1,290,000
Sold Price/SqFt: 107.5
Lot Sz Sold Prc/SqFt: 16.73
How Sold: Conventional
General Property Information
Lot Dimensions: 275x285x275x285
Lot Acres: 1.77
Lot Sqft: 77101
Lot Size Source: Assessor
Combined SqFt: 12000
Year Built: 1964
List Price/SqFt: 116.67
Lot Size Price/SqFt: 18.15
Remarks Misc
Geo Lat: 32.259812
Geo Lon: -110.98181
Showing Information
Directions: Oracle/Miracle Mile west to 15th Ave south to address. NEC 15th & Laguna.
Unit Info
# of Units/2 BR: 24
Avg Mo Rent/2 BR: 436
# of Units/Other: 16
Avg Mo Rent/Other: 257
Analysis
Cap Rate %: 10.15
Gross Rent Multi: 7.86
Vacancy Rate %: 6.19
Exp/SqFt: 2.98
Exp % of Gross: 20.11
Income
Gross Scheduled Rent: 181992
Vacancy Loss: 11272
Other Income: 7200
Adjusted Gross: 177920
Total Expenses: 35792
Net Opp Income: 142128
Expenses
Admin Expenses: 2372
Contract Services: 1824
Insurance: 1692
Maintenance Supplies: 8490
Management: 7200
Taxes/Assessments: 3868
Water/Sewer: 6469
Other Expenses: 3877
Interior Features
Interior Steps: Yes
Miscellaneous
Master Elec Meter: Yes
Master Gas Meter: Yes
Master Water Meter: Yes
Package Available: Yes
Property Features
Sewer: Connected
Water: Public
Terms: Cash; Conventional; Owner Carry; Submit
Property Disclosures: Lead Based Paint
Sold Info: Financing
Documents
Lead Paint Discl ›Listing Office: Long Realty
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 2020 MLS of Southern Arizona. All Rights Reserved.