1742 N Oracle Road

    Tucson, AZ 85705
    • $1,400,000
    • STATUS: Active
    • ID#: 21917120
    UPDATED: 69 min ago
    $1,400,000
    • 0
      BEDS
    • 1.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 18,199
      SQFT
    • $77
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1946
    County:
    Area:

    School Ratings & Info

    Courtesy of Long Realty Company.

    Description

    The Hacienda Motel has 49 units and a gift store located in Tucson, Arizona. The motel is located along Oracle Road a major North-South corridor running all the way through Tucson. In Fall and Spring Tucson is a heavily traveled route by snow birds going to/from warmer climates providing a boost in occupancy during these shoulder travel seasons. Since the motel is so close to Downtown Tucson during the beginning of the year there is heavy traffic for the Gem Show which will bring in a lot of tourist. The Hacienda Motel is well-maintained and was recently renovated. The property has a huge outdoor pool perfect for the Arizona Summer, ample on-site paved parking, onsite laundry, and a large 1.12 acre lot!

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    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-10-16T08:06:16.943.
    The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. 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. Listings provided by brokerages other than The Local Real Estate Group | Realty Executives are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
    www.thelocalrealestategroup.com/homes/96354396

    1742 N Oracle Road Tucson, AZ 85705

    • Price: $1,400,000
    • Status: Active
    • Updated: 69 min ago
    • ID#: 21917120
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.12
    Acres
    18,199
    SQFT
    $77
    $/SQFT
    1946
    Built
    Neighborhood:
    Central
    County:
    Pima
    Area:
    Central
    Property Description
    The Hacienda Motel has 49 units and a gift store located in Tucson, Arizona. The motel is located along Oracle Road a major North-South corridor running all the way through Tucson. In Fall and Spring Tucson is a heavily traveled route by snow birds going to/from warmer climates providing a boost in occupancy during these shoulder travel seasons. Since the motel is so close to Downtown Tucson during the beginning of the year there is heavy traffic for the Gem Show which will bring in a lot of tourist. The Hacienda Motel is well-maintained and was recently renovated. The property has a huge outdoor pool perfect for the Arizona Summer, ample on-site paved parking, onsite laundry, and a large 1.12 acre lot!
    Exterior Features

    Construction Concrete Block Landscape Front None Landscape Rear None Parking FreePaved Parking Road Type Paved Roof Built-Up

    Interior Features

    Main Cooling Ac Wall Main Heating Wall

    Property Features

    Analysis Cap Rate Percent 8.81 Analysis Exp Percent Of Gross 41.96 Analysis Gross Rent Multi 5.58 Analysis Vacancy Rate Percent 16.67 Assessments 0.00 Business Location Commercial Strip Country Usa Electric Electric Company Tep Expenses Taxes Assessments 14560.00 Fema Flood Zone No Fire Protection Included in Taxes Freeway Highway 1.1 - 2 Miles Gas Natural Income Adjusted Gross 250772.00 Income Gross Scheduled Rent 300000.00 Income Net Opp Income 123353.00 Income Other Income 772.00 Income Vacancy Loss 50000.00 Lot Dimensions 150 X 324 Lot Features East/West Exposure Lot Sqft 48787.00 Multi Tenant No Municipality Zoning Tucson - C3 Property Sub Type Hotel & Motel Sewer Connected Short Sale No Source Of Sqft Assessor Special Conditions None Tax Year 2018 Taxes 8622.74 Terms Cash Water City

    Listing provided courtesy of Long Realty Company. Listing information © 2019 MLS of Southern Arizona.


    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-10-16T08:06:16.943.
    The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. 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. Listings provided by brokerages other than The Local Real Estate Group | Realty Executives are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
     
    The Local Real Estate Group | Realty Executives
    6760 N Oracle Road Suite 130
    Tucson AZ, 85704
    Courtesy of Long Realty Company.