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1435 E Benson Highway

Tucson, AZ 85714
  • $1,100,000
  • STATUS: Active Under Contract
  • ID#: 22301798
Under Contract
UPDATED: 224 min ago
$1,100,000
  • 0
    BEDS
  • 1.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,651
    SQFT
  • $237
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1948
County:
Area:

School Ratings & Info

Courtesy of Keller Williams Southern Arizona.

Description

This is an excellent opportunity for investors looking to benefit from the Opportunity Zone program on Benson Hwy. The apartment community is conveniently located downtown adjacent, and has a diverse unit count of studio, 1 bedroom, and 2 bedroom units. and 5 Park owned MH'sthat could be sold on contract. It offers a cap rate of over 7.5%, with a proforma taking it well over 11%. The tax benefits of investing in this Opportunity Zone are significant and can provide a great return on investment.

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MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2023 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2023-02-07T00:07:26.343.
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 Indie Realty are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
www.indie-realty.com/homes/136435235
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1435 E Benson Highway Tucson, AZ 85714

  • Price: $1,100,000
  • Status: Active Under Contract
  • On Site: Days
  • Updated: 224 min ago
  • ID#: 22301798
0
Beds
0
Baths
0
½ Baths
1.08
Acres
4,651
SQFT
$237
$/SQFT
1948
Built
Neighborhood:
South
County:
Pima
Area:
South
Property Description
This is an excellent opportunity for investors looking to benefit from the Opportunity Zone program on Benson Hwy. The apartment community is conveniently located downtown adjacent, and has a diverse unit count of studio, 1 bedroom, and 2 bedroom units. and 5 Park owned MH'sthat could be sold on contract. It offers a cap rate of over 7.5%, with a proforma taking it well over 11%. The tax benefits of investing in this Opportunity Zone are significant and can provide a great return on investment.
Exterior Features

Road Type Paved

Property Features

Assessments 0.00 Contingent Active Contingent Country Usa Electric Electric Company Tep Fire Protection Included in Taxes Lot Dimensions 104X470x101x471 Lot Sqft 47088.00 Multi Tenant Yes Municipality Zoning Tucson - C2 Property Disclosures Lead Based Paint Property Sub Type Apartment Sewer Connected Short Sale No Source Of Sqft Assessor Tax Year 2021 Taxes 4122.04 Water City

Listing provided by Keller Williams Southern Arizona: (520) 615-8400. Listing information © 2023 MLS of Southern Arizona.


MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2023 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2023-02-07T00:07:26.343.
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 Indie Realty are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
 
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Indie Realty
7255 E Tanque Verde Rd
Tucson AZ, 85715
Courtesy of Keller Williams Southern Arizona.