635 E Pearl Street, Benson, AZ 85602

$900,000
Property Type: Multi-Family Square Footage: 3,116 Lot Size (sq. ft.): 1 Status: Closed
Current Price: $900,000 List Date: 4/29/2008 Last Modified: 11/27/2024

Overview

Description

Pato Blanco Lakes RV Resort is located in the center of Benson, Arizona, near an abundance of outdoor recreation. This Woodall's 4-Star Rated property is situated on 26 acres and is comprised of 105 full hookup RV sites with 7 park models included in the sale. Avg. site size is 60'x40'. Onsite improvements include a modern office, BBQ deck, banquet hall, clubhouse, kitchen, laundry, pool house, shower, restroom and exercise room facilities.

Listing Details MLS# 20816578

Address Information

Street #
635
Direction
E
Street Name
Pearl
St Suffix
Street
State
AZ
Zip Code
85602
County
Cochise
Country
USA

Location, Tax & Legal

Assessor #
12348004J
Area
Benson/St. David
Subdivision/Neighborhood
Other/Unknown
Tax Year
2007
Taxes
26097
Assessments
0
Legal Description
Legal to be provided by Title Company.
Township
17
Community
None
Range
20
Section
10
Municipality/Zoning
Cochise - Call
Fire Protection
Included in Taxes

General Property Information

Lot Dimensions
Call Broker
Lot Sqft
1236276
Lot Size Source
Assessor
LivingArea
3116
Year Built
1997
Lot Acres
28.38
List Price/SqFt
401.16
Lot Size Price/SqFt
1.01

Property Features

Construction: Frame - Stucco Main Cooling: Central Air Main Heating: Forced Air Sewer: Connected Terms: Cash; Exchange; Owner Carry; Submit Property Disclosures: Unknown

Contract Information

Listing Price
1250000

Status Change Info

Off Market Date
2008-10-20
Under Contract Date
2008-10-01
Sold Date
2008-10-20
Sold Price/SqFt
288.83
How Sold
Cash
Lot Sz Sold Prc/SqFt
0.72

More Information

Showing Information

Directions
From Tucson, I-10 East, approx. 50 miles to exit 306. RIGHT onto I-10 BL/ AZ-76/ POMERENE RD. RIGHT onto COUNTY RD. that becomes PEARL ST. to address.

Analysis

CAPRate
8.64
Gross Rent Multi
3.65
Exp % of Gross
68.41
Exp/SqFt
75.12

Income

GrossScheduledIncome
272033
Other Income
70118
Adjusted Gross
342151
Total Expenses
234081
NetOperatingIncome
108070

Expenses

Admin Expenses
16857
Insurance
7640
Maintenance Supplies
16493
Management
30154
Other Expenses
121271
Gas/Electric
9747
Taxes/Assessments
26097
Water/Sewer
5822

Interior Features

Interior Steps
No

Sold Info

Down Payment
900000
Financing
Yes

Miscellaneous

Master Elec Meter
No
Master Gas Meter
Yes
Master Water Meter
Yes
Package Available
Yes

Unit Info

# of Units/Other
105

Construction

Frame - Stucco
Yes

Sewer

Connected
Yes

Water

Public
Yes

Main Cooling

Central Air
Yes

Main Heating

Forced Air
Yes
Natural Gas
Yes

Terms

Cash
Yes
Conventional
Yes
Exchange
Yes
Owner Carry
Yes
Submit
Yes

Security

None
Yes

Property Disclosures

Unknown
Yes
IDX
Listing Office: Buette DeRousseCommercial R.E.
Last Updated: November - 27 - 2024
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