881 W Ward Lane

Green Valley, AZ 85614

Green Valley, AZ 85614

881 W Ward Lane

$700,000

MLS#: 22316619

Status: Closed

Listing provided by: HomeSmart Pros Real Estate

Listing agent phone: None

Last update: 1 year, 6 months ago

On site: 2 years ago

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About

8 units fully occupied by three tenants, plus RV storage. 8% Cap Rate or cash on cash return. Lots of room for upside as far as building and/or more RV storage units. Owner will finance with 30% down at 6% amortized 25 years due in 10. Units are all appx. 900sf each. Two tenants occupying all 8 units are all leased through December 2025. The third tenant has annual renewable lease with 30 day cancelation clause, however been there for last ten years.

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1987

Sq.Footage

7,366

Features

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Heat Pump, Evaporative Cooling

  • Heating YN

    YES

  • Heating

    Heat Pump

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco, Frame

  • Parking

    Alley Access

  • Pool

    No

Area & Lot

  • Lot Features

    Cul-De-Sac

  • Lot Size(acres)

    1.0

  • Lot Size(square feet)

    15

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $700,000

  • Tax Amount

    $5,900.16

  • Sq. Footage

    7,366

  • Price/SqFt

    $95

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Schedule

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Location

  • County

    Pima

  • Elementary School

  • Middle School

  • High School

Listing Courtesy of Stuart Samovitz , HomeSmart Pros Real Estate

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Agent Tamara Berveiller

Tamara Berveiller

Agent / Realtor®

Call Tamara today to schedule a private showing.


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8 units fully occupied by three tenants, plus RV storage. 8% Cap Rate or cash on cash return. Lots of room for upside as far as building and/or more RV storage units. Owner will finance with 30% down at 6% amortized 25 years due in 10. Units are all appx. 900sf each. Two tenants occupying all 8 units are all leased through December 2025. The third tenant has annual renewable lease with 30 day cancelation clause, however been there for last ten years.

881 W Ward Lane

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