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The income and expense figures are as ACTUAL as we can make them, including since the property is self managed I've factored in 8% for the property management fee to give a buyer a more fair approximation of the cash flow one can expect to have the first year.

This property is 100% occupied and has been for at least two years ongoing. The owner is somewhat altruistic and has been keeping long term tenants on who he likes for what are well below the current market rate rents. The property is secure and quiet and considered above average compared to those like it nearby, which explains why there are almost never vacancies. The owner is getting additional income of $275/mo. including $200/mo. from the onsite laundry facility and $75/mo. for three storage rooms that get $25/mo. each.
NOI = $48,420 ($48,100/yr. Rent + $3,300/yr Additional Income - $22,980 of '20 Expenses)

Tucson

5425 E 30Th Street 10

None Beds

None Baths

6,226 Sq.Ft.

$619,000

MLS#: 22013174

Residential lot very flat and all usable. Cul-de-sac lot with few neighbors. Road is dirt but well maintained. Mountain views. Electricity and water appear to be there but water should be verified during inspection period.

Rio Rico

1673 Zulu Court 22

None Beds

None Baths

0.89 acres

$4,500

MLS#: 21807802

Secluded 3.4-acre Cul-de-sac lot in this high-end Gated Community of Custom Built Homes. Golf course adjacent to subdivision with Golf Cart access through a locked gate to the Omni Tucson National Golf & Resort. Golf Enthusiast Dream. Omni Hosts the PGA Cologuard Classic Tournament each year at end of February. This Beautiful Lot has Stunning views of Pusch Ridge Mountain with Perfect Sunrises and Sunsets. Abundant lush mature vegetation with several majestic Saguaro Cactus. Guesthouse allowed. Underground utilities/paved streets, flat building area.

Tucson

8926 N National Sky Place 7

None Beds

None Baths

3.4 acres

$260,000

MLS#: 22031588

This well-maintained 2BR 2BA townhome features high ceilings, lots of tile except the BRs, no worries desert landscaping and walled rear yard bordering desert arroyo. The extended rear patio comes with a 10x10 freestanding canopy great for outdoor dining and entertaining. The breakfast nook faces the front courtyard. The exterior stucco was painted in April 2016 as part of the HOA coverage. A termite warranty and HVAC service contract are in place. New water softener Oct 2015. Conveniently located near GV Recreation pool.

Green Valley

900 W Calle De Emilia

2 Beds

2 Baths

N/A

$124,900

MLS#: 3058453

Great income potential, front units are a 2 bedroom 1 bth, and two single units. Large lot with plenty of parking. All units have new windows. two are vacant go show

Tucson

22 W 34Th Street

None Beds

None Baths

1,109 Sq.Ft.

$95,000

MLS#: 21628312

Rio Rico

1207 W Frontage Road 52

None Beds

None Baths

0.14 acres

$55,000

MLS#: 22302583

Green Valley

555 N La Canada Drive

None Beds

None Baths

6,264 Sq.Ft.

$1,500,000

MLS#: 22527154

Tucson

4141 E Lee Street

None Beds

None Baths

3,612 Sq.Ft.

$1,798,000

MLS#: 22532476

Exceptional Catalina Mountain views await at this custom home site with NO HOA! Design a home to make great use of the perched location and enjoy incredible vistas every day that are not only stunning but expansive. This gently sloping lot can accommodate most builder floor plans with fairly minimal site preparation or custom design your own home. Once site prep is done a simple patio wall will block out low lying rooftops of neighboring Saddlebrooke while preserving those astonishing mountain views. Contact listing agent for a personal tour of lot.

Saddlebrooke

0 E Calle Rosa Linda 4

None Beds

None Baths

1.03 acres

$149,000

MLS#: 21915820

Fantastic 3 bedroom 2 bath home, this home offers great room design, 12 ft ceilings, all rooms are very spacious throughout the home, family room with fireplace, 3 car garage, large rear yard with privacy & excellent views of the mountain and city lights. This beautiful home will be clean and ready on 08/07/2017.

Tucson

4510 W Sunset Dunes Place

3 Beds

2 Baths

2,200 Sq.Ft.

$1,795

MLS#: 21720632

Gorgeous lot bordering bordering Ironwood National Monument West, which is 129,000 acres managed by the BLM, this lot has it all. A well share for water, undreground power at the lot line, fully fenced, asphalt road, tall Saguaros, mountain views, and tons of privacy all come with this lot. Zoned as Rural, you have the freedom to do site built, manufactured, have horses, livestock with tons of room for your toys, RV's, and anything else your hear desires. SELLER FINANCING AVAILABLE

Marana

21371 W Silverbell Road -

None Beds

None Baths

6.54 acres

$119,000

MLS#: 22400001

Centrally located, buildable flat lot located in a cul-de-sac. The road is paved and there are homes nearby. Please verify utilities during inspection period.

Rio Rico

465 Tapiz Court 33

None Beds

None Baths

0.29 acres

$18,000

MLS#: 21909075

Marana

18098 W Avra Valley Road -

None Beds

None Baths

4.31 acres

$50,000

MLS#: 22407132

Great area of AFFORDABLE 4.1 acre parcels; and we have 4 available priced from $39,000-$44,900. Flat with views of distant mountains in all directions. Perfect for small ranches with manufactured, modular or site built homes in a 4H friendly area. Trico for electric service. Quiet area of large lots and easy living . A private Water Co-op is the water provider; 1 time fees of $1500 for water line installation and $500 to hook up. Trico is the electric provider. Only 14 minutes from I-10 on Avra Valley Rd. 3 adjacent parcels also listed.

Marana

17835 W Husker Lane 8

None Beds

None Baths

4.34 acres

$39,000

MLS#: 22215635

10 Acres of pristine untouched land with great views of the surrounding mountains. This gem is covered with huge brightly colored ocotillos when in bloom, and a variety of other beautiful desert plants.

Sahuarita

15120 S Avenida Kaye

None Beds

None Baths

10.0 acres

$69,000

MLS#: 22422157

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