TITLE:
RARE! PRIME! TUCSON CENTRAL LOCATION; MH Park & Retail; 14.06 acres land & income
CONTROL:
Exclusive
VALUE:
$8,250,000
LOAN:
$0
EQUITY:
$8,250,000
TYPE:
Income Comb.
HAVE:
RARE! PRIME! TUCSON CENTRAL LOCATION; MH Park & Retail; 14.06 acres land & income
Information in this offering is derived from 3rd party sources that are deemed reliable though ALL STAKEHOLDERS must verify via their own due diligence and professionals
ADDRESS:
1630-1890 S Mission Rd, Tucson, Arizona
BENEFITS TO NEW OWNER:
RARE large assembled parcels 14.06 acres (1-mi to I-10 & I-19 plus 1.7MI to DT) with INCOME on developed part, Traffic light, MH and C2 zoning, many curb cuts; REDEVELOPMENT and DEVELOPMENT of the VACANT +/- 50% of the land to maximize NOI
OTHER FILES:
GROSS SCHEDULED INCOME:
$296,000 Projected
VACANCY LOSS:
$8,880
GROSS EFFECTIVE INCOME:
$287,120
EXPENSES:
$56,333
NOI:
$230,787
DEBT SERVICE:
$0
CASH FLOW:
$230,787
CAP RATE:
2.80%
BENEFITS SOUGHT:
CASH - or - low management type of Income property exchange plus CASH in Arizona or possibly nearby for owner's travel pattern
CAN ADD:
none
REMARKS:
This property is a RARE LARGE (14.06 acres) assembled parcel group in CENTRAL TUCSON that has many possibilities ; proforma CAP rate on INCOME is +/- $7% and vacant land at $11/SF see attached AI assisted analysis for more info plus LoopNet listing and OM
COUNSELOR:
Steven Washburn
eXp Realty
5875 S Camino de la Tierra
Tucson, Arizona, 85746
