5353 S Country Club Road, Tucson, AZ 85706

$1,180,000
Property Type: Commercial Square Footage: 1,104 Lot Size (sq. ft.): 6 Status: Closed
Current Price: $1,180,000 List Date: 5/04/2005 Last Modified: 10/25/2024

Overview

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!

Listing Details MLS# 2511919

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
Tax Year
2004
Taxes
11214
Assessments
0
Legal Description
Los Ranchitos Lot 52 Exc W20' For Road & Lot 65
Municipality/Zoning
Tucson - MU
Fire Protection
None

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

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

Status Change Info

Off Market Date
2005-07-11
Pending Date
2005-05-11
Sold Date
2005-07-11
Sold Price/SqFt
1068.84
Lot Sz Sold Prc/SqFt
6.19
Financing
Conventional

More Information

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
CAM in Rent
Yes

Property Features

A.D.A. Compliant
No
Phase 1 Report
No

Electric

3 Phase Power
No
Master Meter
No

Construction

Other
Yes

Sewer

Connected
Yes

Main Cooling

Evaporative Cooling
Yes
Wall Unit(s)
Yes
None
Yes

Main Heating

Wall Furnace
Yes

Terms

Cash
Yes
Conventional
Yes
Submit
Yes

Property Disclosures

Lead Based Paint
Yes
Military Airport Vct
Yes
Listing Office: Coldwell Banker Realty
IDX
Last Updated: October - 25 - 2024
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