3314 E Benson Highway

    Tucson, AZ 85706
    • $1,100,000
    • STATUS: Active
    • ID#: 21917892
    UPDATED: 44 min ago
    $1,100,000
    • 0
      BEDS
    • 0.77
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,621
      SQFT
    • $166
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1971
    County:
    Area:

    School Ratings & Info

    Courtesy of Keller Williams Southern Arizona.

    Description

    The Benson Motel for Veterans is a 29-unit motel/park in southern Tucson, AZ; comprised of 17 studios, 7 of which are gutted and need to be renovated; 5 1-bed/1-bath units; 1 2-bed/2-bath house; 2 MH park models & 5 RV spaces. 17 units and all RV sites have been renovated this year and are 100% occupied. Building was built in 1971 and consists of 6,621 square feet over 0.8 acres, zoned Mixed Use (MU). All utilities are serviced by the City of Tucson and are included in rent; upside in recapturing water expenditures through small rental hikes or a RUBS system.

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    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-08-20T21:06:17.87.
    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/96600200

    3314 E Benson Highway Tucson, AZ 85706

    • Price: $1,100,000
    • Status: Active
    • Updated: 44 min ago
    • ID#: 21917892
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.77
    Acres
    6,621
    SQFT
    $166
    $/SQFT
    1971
    Built
    Neighborhood:
    South
    County:
    Pima
    Area:
    South
    Property Description
    The Benson Motel for Veterans is a 29-unit motel/park in southern Tucson, AZ; comprised of 17 studios, 7 of which are gutted and need to be renovated; 5 1-bed/1-bath units; 1 2-bed/2-bath house; 2 MH park models & 5 RV spaces. 17 units and all RV sites have been renovated this year and are 100% occupied. Building was built in 1971 and consists of 6,621 square feet over 0.8 acres, zoned Mixed Use (MU). All utilities are serviced by the City of Tucson and are included in rent; upside in recapturing water expenditures through small rental hikes or a RUBS system.
    Exterior Features

    Construction Concrete Block Fence Chain Link Landscape Front Graded Landscape Rear Graded Parking Paved ParkingPrivate Parking Road Type Paved Roof Rolled

    Interior Features

    Main Cooling Ac CentralAc Wall Main Heating Wall

    Property Features

    Analysis Vacancy Rate Percent 10.00 Assessments 0.00 Country Usa Electric Electric Company Tep Electric Master Meter Yes Expenses Figures Presented Proforma Expenses Gas Electric 27295.00 Expenses Insurance 5100.00 Expenses Maintenance Supplies 18133.00 Expenses Management 10520.00 Expenses Other Expenses 1153.00 Expenses Taxes Assessments 3534.34 Expenses Water Sewer 21630.00 Fire Protection Included in Taxes Freeway Highway 1.1 - 2 Miles Gas Natural Income Adjusted Gross 181332.00 Income Gross Scheduled Rent 201480.00 Income Net Opp Income 90666.00 Income Vacancy Loss 20148.00 Lot Dimensions 215X150 Approx Lot Sqft 33523.78 Multi Tenant Yes Municipality Zoning Tucson - Mu Property Disclosures Lead Based PaintMilitary Airport VctPublic Airport VctyAsbestosEasementsLeasesMarketing Package AvailableSeller Prop Disclosure Property Sub Type Other Sewer Connected Short Sale No Source Of Sqft Assessor Special Conditions None Tax Year 2018 Taxes 3534.34 Terms CashConventional Total Parking 29 Water City

    Listing provided courtesy of Keller Williams Southern Arizona. Listing information © 2019 MLS of Southern Arizona.


    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-08-20T21:06:17.87.
    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 Keller Williams Southern Arizona.