635 E Pearl Street, Benson, AZ 85602

$900,000
Property Type: Multi-Family Square Footage: 3,116 Lot Size (sq. ft.): 1 Status: Closed
Current Price: $900,000 List Date: 4/29/2008 Last Modified: 11/27/2024

Overview

Description

Pato Blanco Lakes RV Resort is located in the center of Benson, Arizona, near an abundance of outdoor recreation. This Woodall's 4-Star Rated property is situated on 26 acres and is comprised of 105 full hookup RV sites with 7 park models included in the sale. Avg. site size is 60'x40'. Onsite improvements include a modern office, BBQ deck, banquet hall, clubhouse, kitchen, laundry, pool house, shower, restroom and exercise room facilities.

Listing Details MLS# 20816578

Address Information

Street #
635
Direction
E
Street Name
Pearl
Suffix
Street
State/Province
AZ
Zip Code
85602
County
Cochise
Country
USA

Location, Tax & Legal

Tax Code
12348004J
Area
Benson/St. David
Subdivision
Other/Unknown
Tax Year
2007
Taxes
26097
Assessments
0
Legal Description
Legal to be provided by Title Company.
Township
17
Community
None
Range
20
Section
10
Municipality/Zoning
Cochise - Call
Fire Protection
Included in Taxes

General Property Information

Lot Dimensions
Call Broker
Lot Acres
28.38
Lot Sqft
1236276
Lot Size Source
Assessor
Combined SqFt
3116
Year Built
1997
List Price/SqFt
401.16
Lot Size Price/SqFt
1.01

Property Features

Construction: Frame - Stucco Main Cooling: Central Air Main Heating: Forced Air; Natural Gas Sewer: Connected Water: Public Security: None Terms: Cash; Conventional; Exchange; Owner Carry; Submit Property Disclosures: Unknown Sold Info: Financing

Status Change Info

Off Market Date
2008-10-20
Pending Date
2008-10-01
Sold Date
2008-10-20
Sold Price/SqFt
288.83
Lot Sz Sold Prc/SqFt
0.72
How Sold
Cash

More Information

Showing Information

Directions
From Tucson, I-10 East, approx. 50 miles to exit 306. RIGHT onto I-10 BL/ AZ-76/ POMERENE RD. RIGHT onto COUNTY RD. that becomes PEARL ST. to address.

Unit Info

# of Units/Other
105

Analysis

Cap Rate %
8.64
Gross Rent Multi
3.65
Exp/SqFt
75.12
Exp % of Gross
68.41

Income

Gross Scheduled Rent
272033
Other Income
70118
Adjusted Gross
342151
Total Expenses
234081
Net Opp Income
108070

Expenses

Admin Expenses
16857
Gas/Electric
9747
Insurance
7640
Maintenance Supplies
16493
Management
30154
Taxes/Assessments
26097
Water/Sewer
5822
Other Expenses
121271

Interior Features

Interior Steps
No

Sold Info

Down Payment
900000
Financing
Yes

Miscellaneous

Master Elec Meter
No
Master Gas Meter
Yes
Master Water Meter
Yes
Package Available
Yes

Construction

Frame - Stucco
Yes

Sewer

Connected
Yes

Water

Public
Yes

Main Cooling

Central Air
Yes

Main Heating

Forced Air
Yes
Natural Gas
Yes

Terms

Cash
Yes
Conventional
Yes
Exchange
Yes
Owner Carry
Yes
Submit
Yes

Security

None
Yes

Property Disclosures

Unknown
Yes
Listing Office: Buette DeRousseCommercial R.E.
IDX
Last Updated: November - 27 - 2024
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