320 E Mohave Road

    Tucson, AZ 85705
    • $295,000
    • STATUS: Active
    • ID#: 21827755
    UPDATED: 34 min ago
    $295,000
    • 0
      BEDS
    • 0.82
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,870
      SQFT
    • $76
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1973
    County:
    Area:

    School Ratings & Info

    Courtesy of Joseph Bernard Investment Re.

    Description

    Seller will carry, with a quick close. The Mohave Road apartments is located in the transforming Amphi neighborhood of Tucson. Just 3 miles north of The University of Arizona. A new owner benefits from a large lot, zoned R-3, additional units can be built on the property. Property features one large 4 bedroom/ 2 bath unit, one large 3 bedroom/ 2 bath unit, and three 1 bedroom units. Value add opportunity with the addition of more units to the land and through rental increases.

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    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-03-25T00:06:56.68.
    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 Long Realty Company are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.

    www.arizonahomesearch.com/homes/88497040

    320 E Mohave Road Tucson, AZ 85705

    • Price: $295,000
    • Status: Active
    • Updated: 34 min ago
    • ID#: 21827755
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.82
    Acres
    3,870
    SQFT
    $76
    $/SQFT
    1973
    Built
    Neighborhood:
    Central
    County:
    Pima
    Area:
    Central
    Property Description
    Seller will carry, with a quick close. The Mohave Road apartments is located in the transforming Amphi neighborhood of Tucson. Just 3 miles north of The University of Arizona. A new owner benefits from a large lot, zoned R-3, additional units can be built on the property. Property features one large 4 bedroom/ 2 bath unit, one large 3 bedroom/ 2 bath unit, and three 1 bedroom units. Value add opportunity with the addition of more units to the land and through rental increases.
    Property Features

    Analysis Cap Rate Percent 6.26 Analysis Gross Rent Multi 8.15 Analysis Vacancy Rate Percent 5.00 Assessments 0.00 Country Usa Expenses Captial Expenses 1500.00 Expenses Figures Presented Actual Expenses Insurance 1125.00 Expenses Management 2822.00 Expenses Other Expenses 10200.00 Expenses Taxes Assessments 1754.00 Fema Flood Zone No Fire Protection Included in Taxes Income Adjusted Gross 36183.00 Income Gross Scheduled Rent 37140.00 Income Net Opp Income 18781.00 Income Other Income 900.00 Income Vacancy Loss 1857.00 Lot Dimensions Unknown Lot Sqft 35776.00 Multi Tenant Yes Municipal Flood Zone No Municipality Zoning Pima County - R3 Property Sub Type Apartment Sewer Connected Short Sale No Source Of Sqft Assessor Tax Year 2017 Taxes 1754.45 Water City

    Listing provided courtesy of Joseph Bernard Investment Re. Listing information © 2019 MLS of Southern Arizona.


    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-03-25T00:06:56.68.
    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 Long Realty Company are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.

     
    Long Realty Company
    4051 E. Sunrise Dr, Suite 101
    Tucson AZ, 85718
    Courtesy of Joseph Bernard Investment Re.