$1,200,000
Marana, AZ 85653
MLS# 2329492
Status: Closed
17796 sqft
1 / 2
Property Description
6 buildings consist of 162 storage units w/$15,360 avg mo rent (all different sizes w/some units being adjustable) + 32 spaces of RV/boat parking and an RV dump station, all on about 3 acres comm land. The property is surrounded by a decorative masonry wall. Almost finished. Over 6000 more homes are scheduled to be built in Dove Mtn with CC&Rs restricting visible RV/boat parking. Most of these homes will have very little storage space. Near I-10.
Details
Address Information
Street #: 13035
Direction: N
Street Name: Tortolita
Suffix: Road
State/Province: AZ
Zip Code: 85653
County: Pima
Country: USA
Location Tax Legal
Tax Code: 218-44-086F
Area: Northwest
Subdivision: Unsubdivided
Contract Information
Current Price: $1,200,000
Sold Price: $1,200,000
Listing Date: 2003-12-15
Status: Closed
Status Change Info
Off Market Date: 2004-04-22
Pending Date: 2004-01-16
Sold Date: 2004-04-22
Sold Price: $1,200,000
Sold Price/SqFt: 67.43
Lot Sz Sold Prc/SqFt: 9.87
How Sold: Conventional
General Property Information
Lot Dimensions: Call LA
Lot Acres: 2.79
Lot Sqft: 121532
Lot Size Source: Assessor
Combined SqFt: 17796
Year Built: 2003
List Price/SqFt: 77.26
Lot Size Price/SqFt: 11.31
Remarks Misc
Geo Lat: 32.443829
Geo Lon: -111.081026
Showing Information
Directions: Thornydale/Tangerine West to Dove Mountain, go North to Moore Rd, West to Tortolita, North to sign (next to fire station).
Unit Info
# of Units/Other: 162
Avg Mo Rent/Other: 15360
Analysis
Cap Rate %: 12.73
Gross Rent Multi: 7.85
Vacancy Rate %: 5
Income
Gross Scheduled Rent: 184320
Vacancy Loss: 9216
Adjusted Gross: 175104
Net Opp Income: 175104
Interior Features
Interior Steps: No
Water
Water Company: Marana
Miscellaneous
Master Elec Meter: Yes
Master Gas Meter: No
Master Water Meter: Yes
Package Available: Yes
Property Features
Construction: Frame - Stucco
Main Heating: None
Sewer: Connected
Terms: Cash; Conventional
Property Disclosures: Unknown
Sold Info: Financing
Listing Office: Berkshire Hathaway Homeservices Premier Properties
Last Updated: October - 25 - 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.