320 E Mohave Road

    Tucson, AZ 85705
    • $300,000
    • STATUS: Active
    • ID#: 21827755
    UPDATED: 88 min ago
    $300,000
    • 0
      BEDS
    • 0.82
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,870
      SQFT
    • $78
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1973
    County:
    Area:

    School Ratings & Info

    Courtesy of Joseph Bernard Investment Re.

    Description

    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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    © 2018 MLS of Southern Arizona. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Southern Arizona - The Josh Berkley Team. Data last updated: 2018-12-19T00:06:49.41.
    www.joshberkley.com/homes/88497040

    320 E Mohave Road Tucson, AZ 85705

    • Price: $300,000
    • Status: Active
    • Updated: 88 min ago
    • ID#: 21827755
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.82
    Acres
    3,870
    SQFT
    $78
    $/SQFT
    1973
    Built
    Neighborhood:
    Central
    County:
    Pima
    Area:
    Central
    Property Description
    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 8.29 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 © 2018 MLS of Southern Arizona.




    © 2018 MLS of Southern Arizona. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Southern Arizona - The Josh Berkley Team. Data last updated: 2018-12-19T00:06:49.41.
     
    Keller Williams Southern Arizona - The Josh Berkley Team
    1849 N Kolb Road
    Tucson AZ, 85715
    Courtesy of Joseph Bernard Investment Re.