TITLE:
AZ LAND Bank OPPORTUNITY
CONTROL:
Exclusive
VALUE:
$375,000
LOAN:
$0
EQUITY:
$375,000
TYPE:
Land
HAVE:
458.58 acres of Cochise County land. Rolling desert land W/2 registered wells. 7 miles N or I-10 and Benson, AZ. Adjacent to Willow Lakes Subdivision. See Terms below.
ADDRESS:
XXX Ocotillo Rd, Benson, Arizona
BENEFITS TO NEW OWNER:
Split into 40 acres parcels or make your own ranch. Grazing leases in place-Note $63.00 in taxes. Great land bank with soft terms: $20% down, 4% interest, 30 year amortization, 10 year balloon or submit.
OTHER FILES:
GROSS SCHEDULED INCOME:
$0
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$0
EXPENSES:
$63
NOI:
$-63
DEBT SERVICE:
$0
CASH FLOW:
$-63
CAP RATE:
0.00%
BENEFITS SOUGHT:
Activate equity. Move on Try Portland Oregon property for exchange.
CAN ADD:
Other packages in Book (76 Acres and Executive JV Lot)
REMARKS:
This seller will look at personal property, antique cars, guns, or condos. This parcel would be good long term hold. Benson area is ripe to move. Two registered wells on property.
COUNSELOR:
Tom DeSollar
Arizona First Properties LLC
6700 N. Oracle Rd. Suite 235
Tucson, Arizona, 85704
