2115 N Oracle Rd Includes: - Masonry Stucco Construction
- Electric Metered Seperately
- Gas Metered Seperately
- Laundry Facilities
- Package Available
- Wall AC
- Sewer Connected
- City Water
- Proforma Figures Presented
- Forced Air Gas Heating
- Fence
- Fire Protection Included
Monthly P&I Estimate:
| | Down Payment | | | None | 05% | 10% | 20% | 30% | 40% | | APR | 5.5% | $6,104 | $5,799 | $5,493 | $4,883 | $4,273 | $3,662 | | 6% | $6,445 | $6,123 | $5,801 | $5,156 | $4,512 | $3,867 | | 6.5% | $6,795 | $6,455 | $6,115 | $5,436 | $4,756 | $4,077 | | 7% | $7,152 | $6,794 | $6,437 | $5,722 | $5,006 | $4,291 | | 7.5% | $7,517 | $7,141 | $6,765 | $6,013 | $5,262 | $4,510 | | 8% | $7,888 | $7,494 | $7,099 | $6,310 | $5,522 | $4,733 |
Remarks: This apartment has been totally renovated in the last 6 months. Shows like a new property!Gated community .Exceptional cash flow and return on investment in Gem Show corridor/downtown revitalization district.Zone C-2 for business usage. High demand rental units with-cash on cash return.Room for approx. 6 more units-commercial zoning adds value.See virtual tour. Directions: Grant/Oracle go South to address. |
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2115 N Oracle Rd
Tucson, Arizona 85705
Map
Central Tucson El Sahuaro
| Property Subtype | Apartment | | Number of Units | 16 | | 1 Br Units | 5 | | 2 Br Units | 1 | | Studio Units | 10 | | Year Built | 1983 | | Square Feet | 7295 | | Lot Square Feet | 41250 | | Stories | 1 | | Zoning | Tucson - C2 | | Tax Year | 2008 | | Capitalization Rate | 0.078 | | Gross Rent Multiplier | 11.27 | | | | Gross Income: | | | Avg 1 Br Rent | $570/Mo | | Avg 2 Br Rent | $700/Mo | | Avg Studio Rent | $465/Mo | | Gross Scheduled Rents | $98,400/Yr | $8,200/Mo | | Other Income | $1500/Yr | | Vacancy Loss | -$4500/Yr | | Adjusted Gross Income | $95,400/Yr | $7,950/Mo | | | | Expenses: | | | Taxes | $4498/Yr | | Insurance | $2000/Yr | | Maintenance & Supplies | $500/Yr | | Water and Sewer | $4800/Yr | | Total Expenses | $11,798/Yr | $983/Mo | | | | Net Income: | | | Net Income | $83,602/Yr | $6,967/Mo |
listed by:
RE/MAX All Executiveslist price: $1,075,000
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