$1,180,000
Tucson, AZ 85706
MLS# 2511919
Status: Closed
1104 sqft
Property Description
Su Casa Mobile Home Park has been family owned for over 27 years. This impeccable park has an incredible, consistent revenue stream, averging over $254,000 over the last 10 years. 2004 Gross scheduled income reports $267,636. This park has 48 park owned coaches, one apartment, and one single family residence (1,104 sq. ft.) constructed in 1960. There is currently one empty space. The park was built in 1970. Fantastic Investment Opportunity!
Details
Address Information
Street #: 5353
Direction: S
Street Name: Country Club
Suffix: Road
State/Province: AZ
Zip Code: 85706
County: Pima
Country: USA
Location Tax Legal
Tax Code: 140-09-04200
Area: South
Contract Information
Current Price: $1,180,000
Sold Price: $1,180,000
Listing Date: 2005-05-04
Status: Closed
Status Change Info
Off Market Date: 2005-07-11
Pending Date: 2005-05-11
Sold Date: 2005-07-11
Sold Price: $1,180,000
Sold Price/SqFt: 1068.84
Lot Sz Sold Prc/SqFt: 6.19
Financing: Conventional
General Property Information
Property Sub-Type: Other
# Units: 51
Year Built: 1970
Lot Dimensions: 330 x 572
Lot Acres: 4.37
Lot Sqft: 190357
Lot Size Source: Appraiser
Combined SqFt: 1104
Source of SqFt: Other
List Price/SqFt: 1068.84
Lot Size Price/SqFt: 6.19
Remarks Misc
Geo Lat: 32.154623
Geo Lon: -110.925218
Showing Information
Directions: Benson Hwy/Country Club/South on Country Club to address
Income
Gross Scheduled Rent: 214298
Other Income: 53338
Adjusted Gross: 267636
Total Expenses: 182392
Net Opp Income: 85244
Analysis
Cap Rate %: 7.22
Gross Rent Multi: 4.41
Exp/SqFt: 165.21
Exp % of Gross: 68.14
Expenses
Admin Expenses: 6798
Captial Expenses: 25448
Contract Services: 3797
Figures Presented: Proforma
Gas/Electric: 55840
Insurance: 3750
Maintenance Supplies: 40841
Resident Manager: 21828
Taxes/Assessments: 11214
Other Expenses: 12876
Property Features
A.D.A. Compliant: No
Phase 1 Report: No
Electric
3 Phase Power: No
Master Meter: No
Property Features
Expenses: CAM in Rent
Construction: Other
Main Cooling: Evaporative Cooling; Wall Unit(s); None
Main Heating: Wall Furnace
Sewer: Connected
Terms: Cash; Conventional; Submit
Property Disclosures: Lead Based Paint; Military Airport Vct
Listing Office: Coldwell Banker Realty
Last Updated: October - 25 - 2024
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