$500,000
$499,000
0.2%For more information regarding the value of a property, please contact us for a free consultation.
1435 E Benson Highway Tucson, AZ 85714
4,894 SqFt
Key Details
Sold Price $500,000
Property Type Other Types
Listing Status Sold
Purchase Type For Sale
Square Footage 4,894 sqft
Price per Sqft $102
MLS Listing ID 21627914
Sold Date 11/21/16
Year Built 1948
Annual Tax Amount $4,851
Tax Year 2015
Lot Size 1.080 Acres
Acres 1.08
Property Description
DO NOT DISTURB TENANTS! High yield investment opportunity with a high cap rate. Extremely motivated seller, will consider all offers. 16 UNIT EFFICIENCY MOTEL RENTED MONTHLY PLUS 7 MOBILE HOMES ALSO RENTED MONTHLY. THE PROPERTY INCOME IS ACTUAL. THE SELLER INHERITED PROPERTY AND HAVE NO EXPENSE INFORMATION. ESTIMATED VACANCY AT 10% AND EXPENSES AT 50%. SELLER WILL CARRY WITH 25% DOWN,9% INTEREST AMORTIZED OVER 30 YEARS. CASH ON CASH RETURN OF 25% See documents for additional information. Seller is licensed to sell real estate in the state of Arizona.
Location
State AZ
County Pima
Area South
Zoning Tucson - C2
Interior
Heating Forced Air, Natural Gas
Cooling Central Air, Evaporative Cooling
Building
Sewer Connected
Water City Water
Others
Acceptable Financing Cash, Conventional, Owner Carry, Submit
Listing Terms Cash, Conventional, Owner Carry, Submit
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Copyright 2025 MLS of Southern Arizona
Bought with ABECAP
GET MORE INFORMATION