Trusted Real Estate Experts in Sierra Vista, Fort Huachuca, Benson, and Bisbee Arizona

2620 N 14th Avenue

Tucson, AZ 85705

Tucson, AZ 85705

2620 N 14th Avenue

$800,000

MLS#: 21820992

Status: Closed

Listing provided by: ABECAP

Listing agent phone: None

Last update: 1 year, 8 months ago

On site: 8 years ago

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About

High cap rate investment property with huge opportunity to increase NOI and the seller will carry! Actuals are better than the proforma! 16 casitas and 3 mobile homes for a total of 19 units right across the street from an elementary school. Capital expenditures in 2015, 2016 and 2017 include, flooring, drywall repair, painting, kitchen repairs, bathroom renovations, roof repairs, and plumbing repairs totaling over $100,000. Leases currently have all utilities included in rent price but the properties electric and gas are individually metered. Great opportunity have tenants put utilities in their own name to increase NOI. Current 2, 3 and 4 bedroom rents are not at market prices. Great opportunity to increase rents. Seller is a licensed real estate broker in the state of Arizona.

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1950

Sq.Footage

11,039

Features

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    1.06

  • Lot Size(square feet)

    17

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $800,000

  • Tax Amount

    $3,573.87

  • Sq. Footage

    11,039

  • Price/SqFt

    $72

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Schedule

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Location

  • County

    Pima

  • Elementary School

  • Middle School

  • High School

Listing Courtesy of Morgan G Abraham , ABECAP

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Agent Kelly Hammer

Kelly Hammer

Associate Broker / Realtor®

Call Kelly today to schedule a private showing.

Phone (520) 227-5144

Email Kelly@MandyGoldTeam.com


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2620 N 14th Avenue

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