Information and Amenities
LOCATION
Located in low tax Cochise County, Saint David is just a little southeast of Tucson, Az. on state highway 80. With its rural setting, Saint David is quiet, peaceful and a great place to relax in the sun. Many winter tourists stay here during the cold months in the more northern states.
DESCRIPTION
This is a multi-family income property zoned TR-36 on nearly fifteen acres. This property with its two wells has a literal ocean of clean clear artesian water under it to nourish fruit and nut trees and a wide variety of landscaping plants.
The photo above shows state highway 80 and the two houses in the center, the shop and main well just to the right and three duplexes at the top left. The back of the property to the east has the rented mobile home spaces. Notice the pond in the lower left which is fed by an artesian well. Artesian water in the desert, how great is that! Just off the northeast corner is the local fire department.
The structures include:
Main house/office – 3140 sq. ft. three bedroom two bath with basement is currently used for the office and owner residence. Extensive remodeling was done in 2007.
Second house - 2000’ two bedroom two baths is a rental.
Three duplexes, have four apartments with two bedroom one bath and two apartments with three bedroom one bath.
Five RV spaces with full hook ups.
Forty three mobile home spaces rented to owner occupied mobile homes.
Three park owned mobile homes are used as rentals.
50’ x 40 ‘mechanical/maintenance Shop with available three phase power is used for upkeep on the property.
Laundromat, with attached office space, includes commercial speed queen washers and dryers.
Shopette/general store (700 sq. ft.) for tenant and local patron use. Permit is grandfathered in.
Well house with 11,000 gallon storage tank. The well is 265 ft deep and includes a new (fall of 2009) commercial duty deep well pump. Static water level is at 8’! (it’s artesian)
Forty three spacious Mobile Lots
Five RV spaces with full hookups and 30/50 amp available
Amenities:
A large four tiered fountain is located at the main entrance.
The park is very close to the Saint David K-12 school complex and the main business area.
Landscaping includes many large mature trees such as 120 Pecan trees (valued at $250,000), pear/peach/apricot/plum/persimmon/pomegranate trees, mesquite, juniper, cottonwood, weeping willow, hackberry, mulberry, Arizona ash, black walnut, pyracantha, and elm.
Smaller plants include: mature rose bushes, iris, cactus, and other misc plants.
The 3700 foot elevation keeps the summer heat to a manageable level and with only a few winter days that drop below freezing, the heating bill stays low.
With just a few storms during the year, the air is dry and very good for those that have health problem such as arthritis or breathing difficulties.
If you like horse riding, four wheeling, bike riding (on or off the roads) on the many miles of trails or just walking along the famous San Pedro river, the wide open spaces, scenic vistas and historic places to explore will give you endless hours of enjoyment.
I purchased this property as a retirement project. At the time there was a lot(!) of deferred maintenance and a corresponding low income from the property, but I was looking forward to turning the property around and using the income for my retirement. I have accomplished much of the needed repairs, but some of the mobile home spaces are still under renovation and vacant, so the project is not finished. And, unfortunately, due to age and a bad back, I can no longer do the repairs and maintenance, so, reluctantly, it is up for sale. There is a lot of potential on this property for someone that is not afraid to do some work.
The property has 1100’ of frontage on Hwy 80 which is a major artery from the port of entry town of Douglas to Tucson which has over a million residents. This frontage has commercial/business development potential for stores, truck stop, mini-mall, restaurant or other businesses, and the County store permit is grandfathered in!
NUMBERS
Potential income from three duplexes, two houses, five RV spaces and 43 mobile home spaces:
Space rents $245/mo
Apartments (2&3 Br) $450 – 550/mo
Houses $1500 & $750
Total $14,800. (current is ~$10,000 because of the vacancies)
Approximate monthly owners expenses (gas, elect, trash, taxes, insurance): Total $2200 (Onsite water well and septic have almost no monthly expenses)
Replacement cost for existing improvements plus land is over $1.7 million, but Because of the unfinished project, I have reduced the asking price by $500,000.
Asking $1.2 million, possible owner financing with large down and all reasonable offers considered.
CONTACT: Dave Parker, owner
457 E Mulberry St
Saint David, Az. 85630
kokopellispringsresort@yahoo.com
