DON'T MISS A NEW LISTING AGAIN!
Register Now
Already registered? Login

FREE AUTOMATED EMAIL UPDATES
Sign in to take advantage of all this site has to offer. Save your favorite listings and searches – also receive email updates when listings you like come on the market for free!
*Contact Information is NOT Shared*


Kris Basel, REALTOR®
ABR, CIPS, GREEN
OMNI Homes International 
1050 E. River Road, Suite 302
Tucson, AZ 85718
520-358-3308
Email Me

Quick Search


view all


Any

Any

No Min.

No Max.
Back to Home Page
$629,000 For Sale
6347 S Fontana Avenue
Tucson, AZ 85706

1,855 sq ft,
2.8 acre lot
Commercial: Investment - MLS# 21709396
Property Photo
1/3

Description

MOTIVATED SELLER SAYS ''BRING ALL OFFERS'' RARE INVESTMENT OPPORTUNITY! POSITIVE CASH FLOW ON THIS 29 UNIT RESIDENTIAL INCOME PROPERTY. 2.8 TOTAL ACRES AND ONLY .79 HAS BEEN DEVELOPED 1.5 ACRES THAT YOU CAN DEVELOP AND ADD UNITS. INCLUDED IS A ONE BEDROOM HOUSE, A 4 BEDROOM HOUSE AND 27 MOBILE HOME SPACES. ALL MOBILES ARE TENANT OWNED. THE PARK IS CURRENTLY OPERATED UNDER A GRANDFATHER CLAUSE. ELECTRIC METERS CONVEY WITH PROPERTY. ALL PROPERTIES AND UTILITIES ARE BEING SOLD IN AS IS CONDITION. CURRENTLY ONLY 4 VACANCIES. THIS PROPERTY GENERATES A LOT OF INCOME, PUT YOUR CASH TO WORK. PART OF A PACKAGE DEAL WITH 2525 N CASTRO. OUT OF STATE SELLER WANTS TO SELL FAST, BRING ALL OFFERS! GREAT LOCATION JUST A FEW MINUTES FROM THE AIRPORT.

Features

  • Zip Code: 85706
  • Subdivision/Neighborhood: Aircraft Addition
  • Subdivision: Aircraft Addition
  • Sub Type: Investment
  • Sq.Ft.: 1855
  • Source of Sq Ft: Assessor
  • Sewer: Connected
  • Property Type: Commercial
  • Municipality/Zoning: Tucson - MH1
  • Lot Sqft: 34412.00
  • Terms: Cash, Conventional
  • Unit Info: # of Units: 29
  • Year Built: 1953
  • Water: City Water
  • Unit Info: Unit 6 - Lease Terms: CALL
  • Unit Info: Unit 5 - Lease Terms: CALL
  • Unit Info: Unit 4 - Lease Terms: CALL
  • Unit Info: Unit 3 - Lease Terms: CALL
  • Unit Info: Unit 2 - Lease Terms: CALL
  • Unit Info: Unit 1 - Lease Terms: CALL
  • Unit Info: # of Units Leased: 25
  • Lot Size Source: Assessor
  • Lot Size Price/Sq Ft: 18.28
  • Lot Dimensions: Irregular
  • Expenses: Insurance: 1678.00
  • Expenses: Gas/Electric: 46288.00
  • Expenses: Figures Presented: Actual
  • Expenses: Contract Services: 7714.00
  • Expenses: Captial Expenses: 7888.00
  • Expenses: Admin Expenses: 27002.00
  • Evap Cooler: Central
  • County/Area: Pima County
  • Country: USA
  • Expenses: Maintenance Supplies: 1704.00
  • Expenses: Management: 1610.00
  • Listing Status: Active
  • Income: Vacancy Loss: 24780.00
  • Income: Total Expenses: 141842.00
  • Income: Net Opp Income: 4029.00
  • Income: Gross Scheduled Rent: 143724.00
  • Income: Adjusted Gross: 124243.00
  • Heating: Forced Air - Gas
  • Expenses: Taxes/Assessments: 1683.00
  • Expenses: Other Expenses: 46275.00
  • Acres: 2.8000


© 2017 Tucson Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Information last updated on 2017-06-28



Kris Basel | OMNI Homes International | 520-358-3308 | Email Me
1050 E. River Road, Suite 302, Tucson, AZ 85718
Copyright © 2016. Kris Basel, All Rights Reserved