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
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.
More Information 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
Contract Information
Current Price: $1,295,000
Sold Price: $1,295,000
Listing Date: 2006-06-20
Status: Closed
Status Change Info
Off Market Date: 2006-11-01
Pending Date: 2006-08-28
Sold Date: 2006-11-01
Sold Price: $1,295,000
Sold Price/SqFt: 9.9
Lot Sz Sold Prc/SqFt: 9.9
How Sold: Other
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
Remarks Misc
Geo Lat: 32.141887
Geo Lon: -110.900297
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
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
Documents
Lead Paint Discl ›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.