1951 E Benson Highway

    Tucson, AZ 85714
    • $2,150,000
    • STATUS: Active
    • ID#: 21912422
    UPDATED: 62 min ago
    $2,150,000
    • 0
      BEDS
    • 0.79
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,250
      SQFT
    • $261
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1976
    County:
    Area:

    School Ratings & Info

    Courtesy of Taylor Street Realty Services.

    Description

    The Benson Highway Portfolio consists of 1347, 1431, 1951, 2015, & 2027 E Benson Highway. 5 different properties on 5 different parcels. Located within a half mile from one another, this portfolio offers immediate cash flow, along with a value add opportunity. 45% of the units are renovated while 55% are still available for upgrading. The Benson Highway Portfolio is a total of 28 buildings, 70 units, sitting on 3.92 acres. With a weighted unit average of 456 SF, apartment interiors are equipped in both upgraded and classic condition.

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    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-06-19T21:06:25.077.
    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 Luxury Group - Realty Executives Tucson Elite are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
    www.luxurygroupaz.com/homes/94512417

    1951 E Benson Highway Tucson, AZ 85714

    • Price: $2,150,000
    • Status: Active
    • Updated: 62 min ago
    • ID#: 21912422
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.79
    Acres
    8,250
    SQFT
    $261
    $/SQFT
    1976
    Built
    Neighborhood:
    South
    County:
    Pima
    Area:
    South
    Property Description
    The Benson Highway Portfolio consists of 1347, 1431, 1951, 2015, & 2027 E Benson Highway. 5 different properties on 5 different parcels. Located within a half mile from one another, this portfolio offers immediate cash flow, along with a value add opportunity. 45% of the units are renovated while 55% are still available for upgrading. The Benson Highway Portfolio is a total of 28 buildings, 70 units, sitting on 3.92 acres. With a weighted unit average of 456 SF, apartment interiors are equipped in both upgraded and classic condition.
    Property Features

    Analysis Cap Rate Percent 7.22 Assessments 0.00 Country Usa Expenses Figures Presented Actual Expenses Insurance 19502.00 Expenses Management 30814.00 Expenses Other Expenses 192110.00 Fire Protection Included in Taxes Income Gross Scheduled Rent 408030.00 Income Net Opp Income 155333.00 Income Other Income 4565.00 Lot Dimensions 290X167 Lot Sqft 34375.00 Municipality Zoning Tucson - R2 Property Sub Type Apartment Short Sale No Source Of Sqft Assessor Tax Year 2018 Taxes 2239.32

    Listing provided courtesy of Taylor Street Realty Services. Listing information © 2019 MLS of Southern Arizona.


    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-06-19T21:06:25.077.
    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 Luxury Group - Realty Executives Tucson Elite are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
     
    Luxury Group - Realty Executives Tucson Elite
    6760 N Oracle Rd Suite 130
    Tucson AZ, 85704
    Courtesy of Taylor Street Realty Services.