522 W Rillito St

Tucson, AZ 85705

$725,000
Last Sold Price
—
Beds
—
Baths
900 Sq. Ft.
$806 / Sq. Ft.
900
Sq. Ft.
$806
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 8/22/14
Closed 8/22/14
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Description

The Rillito River MHP consists of 27 spaces. Centrally located near the intersection of Oracle Rd. and Grant Rd. with a large tenant base to draw from. 11 mobile homes are park owned, 5 are tenant owned (space rentals only), and 11 mobile homes are being sold to the tenants on installment sales. The notes for the installment sales are included in the sale of this property. This property has been very well managed and has a strong rental history. A turn key investment that offers immediate cash flow....The Rillito River MHP consists of 27 spaces. Centrally located near the intersection of Oracle Rd. and Grant Rd. with a large tenant base to draw from. 11 mobile homes are park owned, 5 are tenant owned (space rentals only), and 11 mobile homes are being sold to the tenants on installment sales. The notes for the installment sales are included in the sale of this property. This property has been very well managed and has a strong rental history. A turn key investment that offers immediate cash flow. Owner will carry with $300K down and 5% interest rate. Property is master metered for gas, electric and water. Submeters are read monthly with tenant reimbursing the owner for utility costs. Gas line, PVC water lines and ABS sewer lines are in excellent condition.
  1. Listed by Kyle Mokhtarian • Brokerage DRE #LC640973005 • Realty Executives Arizona Territory
    P: (520)-595-1120 jeffmurtaugh@realtyexecutives.com
  2. Listed by Matthew Skidmore • Brokerage DRE #LC640973005 • Realty Executives Arizona Territory
    P: (520)-595-1120 jeffmurtaugh@realtyexecutives.com

Property Details for 522 West Rillito Street

Subdivision Name
El Sahuaro Addition
Zoning
Tucson - MH
LISTING CLOSED: 08/22/2014 04:52 PM

Property Details for 522 West Rillito Street

StatusClosed
MLS #21317280
Days on Market396
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built-
Lot Size1.51 AC / 65,776 SF
CountyPima County
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Location

Listing Courtesy of Realty Executives Arizona Territory

Sold By Realty Executives Arizona Territory

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Building Information for 522 West Rillito Street

Stories-Residences-Year Built-Building Size-Lot Size1.51 AC / 65,776 SF

Payment Calculator

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$3,685 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,685

Property Taxes

$0

HOA Dues

$0

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Property Information for 522 West Rillito Street

Summary
Location and General Information
  • Directions: South From Grant On Oracle To Rillito West To Address
  • Fire Protection: Included in Taxes
  • Latitude: 32.248412
  • Longitude: -110.979944
  • MLS Area Major: Central
  • MLS Area Minor: Central
  • Township: 14
Taxes and HOA
  • Parcel Number: 115-15-0740
  • Tax Legal Description: El Sahuaro Lots 9 Thru 16 Blk 18
  • Tax Year: 2013
  • Taxes: $3,813
Property
Lot Information
  • Lot Size Acres: 1.51
  • Lot Size Area: 1.51
  • Lot Size Dimensions: 420 x 157
  • Lot Size Price Per Sq Ft: $11
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 65776.0
  • Lot Size Units: Acres
  • Public Survey Range: 13.0
  • Public Survey Section: 2
Property and Assessments
  • Building Area Total: 900.0
  • Living Area: 900.0
  • Property Type: Residential Income
Building Features
  • Construction Materials: Other
Utilities
  • Master Electric Meter: Yes
  • Master Gas Meter: Yes
  • Master Water Meter: Yes
  • Sewer: Sewer Connected
  • Water Source: Public
Multi Family
Income & Expenses
  • Gross Income: $106,325
  • Gross Scheduled Income: $110,340
  • Insurance Expense: $1,980
  • Net Operating Income: $87,594
  • New Taxes Expense: $3,813
  • Operating Expense: $18,731
  • Other Expense: $270
  • Supplies Expense: $10,300
  • Contract Services: $2,093
Rental
Rent Information
  • Admin Expenses: $275.00
  • Average Monthly Rent Other: $335.00
  • Expenses % of Gross: 17.62%
  • Expense per Sqft: $21
  • Figures Presented: Actual
  • Gross Rent Multi: $6.82
  • Number of UnitsOther: 27
  • Other Income: $14,725
  • Vacancy Loss: 18740.0
  • Vacancy Rate %: 16.98%
Tenant Information
  • Occupant Type: Tenant

Property History for 522 West Rillito Street

DateEvent & SourcePriceAppreciation
Aug 22, 2014

Sold

MLS of Southern Arizona #21317280

—
Aug 22, 2014

Pending

MLS of Southern Arizona #21317280

—
Aug 21, 2014

Sold

MLS of Southern Arizona #21317280

$725,000—
DateEvent & SourcePrice
08/22/2014

Sold

MLS of Southern Arizona #21317280

—
08/22/2014

Pending

MLS of Southern Arizona #21317280

—
08/21/2014

Sold

MLS of Southern Arizona #21317280

$725,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 522 West Rillito Street

This home is within Tucson Unified District.
Rating
School
Type
Grades
Distance
Roskruge Bilingual Magnet Middle School
Public - PK to 8
Mansfeld Middle School
Public - 6 to 8
Tucson Magnet High School
Public - 8 to 12
Southwest Alternative High School
Public - 9 to 12
Rating
School
Distance
Roskruge Bilingual Magnet Middle School
PublicPK to 8

Mansfeld Middle School
Public6 to 8

Tucson Magnet High School
Public8 to 12

Southwest Alternative High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Executives Arizona Territory

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 Compass and its related brokerages are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2026 MLS of Southern Arizona. All Rights Reserved.