Basics
| Date added Added 2 years ago | Category Multifamily | Type 2 Plex | Status Active |
| Year built 1986 | Days On Market 55 | List Price/SqFt 151.12 | County Pima |
| List Number Main 22309639 | Lot Acres 0.83 acres | Municipality/Zoning Pima County - SH | Lot Dimensions 100 x 360 |
| View Mountain(s) | Attached/Detached Detached | MLS ID 22309639 |
Description
-
Description:
This is an incredible investment opportunity with a super high CAP Rate. Two manufactured homes that have been completely updated with all new interior finishes, mechanical, roofs, windows, plumbing and stucco. Both homes are move-in ready with a manicured lot and mountain views off of a paved road. All of this and the owner is willing to carry! This would also make a great family compound or live in one and rent the other. It is really hard to find a CAP Rate this high right now. Owner is a Arizona licensed real estate agent.
- Legal Description: From Parcel:208280110 /Avra Ranchettes S2 Lot 6 Mdwid
Rooms
- Sauna Level: Marana
- Kitchen Features: Appliance Color: Stainless
- Breakfast: None
- Dining Areas: Dining in LR/GR
- Dining Room: Area
- Extra Room: None
Location
- Directions: From I-10 & Avra Valley Road go west 12 miles to Anway Road. Turn right. About 1/4 mile on the right
Building Details
Miscellaneous
- Compensation Disclaimer: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
- UnBranded Virtual Tour: Owner, Single
- Special Listing Conditions: None
- Ownership: Individual
- Subdivision Name: Avra Ranchettes
- Co-op Fee: $3
- Unit 2 Details: Rent: 1375
- Landscape - Front: Other: Decorative Gravel,Desert Plantings
- Utilities: Owner, Tenant
- Direction: N
- Horse Property: Yes - By Zoning
- Horse Facilities: No
- Electric: Electric Company: Trico
- Landscape - Rear: Other: Decorative Gravel,Desert Plantings
- Driveway: Paved: Dishwasher,Double Sink,Electric Range
- Association & Fees: HOA: No
- Home Protection: Offered: No
- Driveway: Car(s) Pad
- Fema Flood Zone: No
- Assessments: $0
- Section: 15
- Community: None
- Fire Protection: Included in Taxes
- Tax Code: 208-28-011A
- Range: 10.00
- Property Disclosures: Seller Prop Disclosure
- Road Type: Paved
- Road Maintenance: County
- Technology: Cable TV
- Terms: Conventional,FHA Loan,Owner Carry,VA Loan
- Income: Gross Scheduled Rent: 33120.00
- Income: Vacancy Loss: 0.00
- Income: Other Income: 0.00
- Income: Total Expenses: $5,347
- Analysis: Cap Rate %: 7.94, 10.57
- Analysis: Gross Rent Multi: 10.57
- Analysis: Vacancy Rate %: 0.00
- Analysis: Exp/SqFt: 2.31 sq ft
- Analysis: Exp % of Gross: 16.14
Listing Office
- Listing Office ShortId: 5417
- ListingOfficeName: One Resource Realty, LLC
- Listing Office Phone: (520) 870-1676
- Listing Office Address: 3009 N Edith Blvd, Tucson, AZ 85716
- Listing Member Phone: (520) 668-3922, 21101
Units Information
- Unit 1 Details: Rent: 1385
- Unit 1 Information: Floor: 1st
- Unit 1 Information: Furnished: No
- Unit 1 Information: Occupancy: Yes
- Unit 1 Details: SqFt: 1088
- Unit 1 Details: # Bedrooms: 3
- Unit 1 Details: # Full Baths: 2
- Unit 1 Details: # Half Baths: 0
- Unit 1 Information: Parking: Single
- Unit 2 Details: # Bedrooms: 3
- Unit 2 Details: # Full Baths: 2
- Unit 2 Details: # Half Baths: 0
- Unit 2 Details: SqFt: 1216
- Unit 2 Information: Furnished: No
- Unit 2 Information: Floor: Yes, 1st
- Unit 2 Information: Parking: Carport
Amenities & Features
- Interior Features: Ceiling Fan(s),Dual Pane Windows,Smoke Detector
- Exterior Features: None
- Sewer: Septic
- Accessibility Features: None
- Neighborhood Feature: Horses Allowed,Paved Street
- Laundry: Laundry Room
- Main Cooling: Heat Pump
- Main Heating: Heat Pump
- Patio/Deck: Covered,Deck
- Pool: None
- RV Parking: Gate
- Security: None
- Spa: None
- Water: City Water
- Water Heater: Electric
- Window Covering: Stay
- Gas: None
- Total Parking: 2
Nearby Schools
- High School: Marana
- Middle School: Marana
- Elementary School: Roadrunner
Fees and Taxes
- Tax Year: 2022
- Expenses: Other Expenses: $0
- Expenses: Resident Manager: $0
- Expenses: Taxes/Assessments: $882
- Expenses: Management: $1,440
- Expenses: Water/Sewer: $1,325
- Expenses: Contract Services: $0
- Expenses: Figures Presented: $0
- Expenses: Admin Expenses: $0
- Expenses: Captial Expenses: $0
- Expenses: Insurance: $1,200
- Expenses: Gas/Electric: $0
- Expenses: Maintenance Supplies: $500
- Taxes: $881.95