$850,000

14999 N Highway 79 -- Florence, AZ 85132

Estimated payment $4,779/month

Total Views 1,956
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heating System Uses Natural Gas
  • Ceramic Tile Flooring

About This Home

This listing is for 4 parcels of land, each with one manufactured home with a paying tenant (2-yr lease). Over 5 acres total. Each mobile home is 3 bedroom, 2 bath. Positive cash flow on these four 1.25 acre lots fully fenced with electronic controlled access security gate. Collect solid investor return on leases that are staggered so your owner occupant client can move into one for their primary or second home while they enjoy cash flow. These homes are recently upgraded with paint, tile floors, granite countertops and new cabinets. Serviced by clean, clear water private well. Counts for bedrooms/baths are for all 4 properties combined, as are the taxes listed and lot size. Fantastic opportunity!

Listing Agent

Michael Kent

RE/MAX Solutions License #SA550891000

RE/MAX Solutions

Co-Listing Agent

Brook Miller

RE/MAX Solutions License #BR533974000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $403

Year Built

  • Built in 1997

Home Design

  • Composition Roof
  • Siding
  • Metal Construction or Metal Frame

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heating System Uses Propane
  • Shared Well
  • Septic Tank

Additional Features

  • Ceiling Fan
  • Additional Parcels

Listing and Financial Details

  • The owner pays for trash collection, water
  • Tax Lot F
  • Assessor Parcel Number 202-21-004-L

Community Details

Overview

  • 4 Buildings
  • 4 Units
  • Building Dimensions are 466x466
  • Comm @ Ne Cor Of Sec 12 5S 9E Th W 1042.26' Th S54 Subdivision

Building Details

  • Operating Expense $2,551
  • Gross Income $71,586
  • Net Operating Income $70,263

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$403

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Cross Street: Highway 79
  • Legal Info Range: 09E
  • Property Type: Multiple Dwellings
  • Zoning: GR
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1997
  • Tax Year: 2023
  • Directions: From stoplight at Highway 79 and Butte in town of Florence, go south one mile. Florence Homestead is on the east side of Highway 79.
  • Road Surface Type: Private Street
  • Co List Office Mls Id: resol001
  • Co List Office Phone: 480-610-6500
  • Subdivision Name: COMM @ NE COR OF SEC 12 5S-9E TH W 1042.26' TH S54
  • Tax Parcel Letter: L
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Siding, Frame - Metal
  • Roof: Composition
  • Construction:Frame - Metal: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Exterior Amenities:RVBoat Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Ceiling Fan(s), Electric
  • Heating: Electric, Natural Gas, Propane
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Shared Well
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Heating:Propane: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Guard Gate: Yes

Fee Information

  • Trash Expense: 1308.0
  • Annual Water Sewer Expense: 840.0

Schools

  • Junior High Dist: Florence Unified School District

Lot Info

  • Lot Size: 466x466
  • Additional Parcels: Yes
  • Parcel #: 202-21-004-L

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 71586.0
  • Property Net Operating Income: 70263.0
  • Annual Operating Expense: 2551.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 403.0
  • Tax Book Number: 202.00
  • Tax Lot: F

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2025 02/17/25 For Sale $850,000 0.0% --
02/17/2025 02/17/25 For Sale $850,000 0.0% $749 / Sq Ft
02/17/2025 02/17/25 Off Market $850,000 -- --
02/17/2025 02/17/25 Off Market $850,000 -- --
11/04/2024 11/04/24 For Sale $850,000 0.0% $749 / Sq Ft
11/04/2024 11/04/24 For Sale $850,000 0.0% --
10/14/2024 10/14/24 Pending -- -- --
10/14/2024 10/14/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $850,000 0.0% --
08/16/2024 08/16/24 For Sale $850,000 -- $749 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6744806

Arizona Regional Multiple Listing Service (ARMLS)

APN: 202-21-004L