
3274 E Benson Hwy Includes: - Slump Block Construction
- Laundry Facilities
- Package Available
- Wall AC
- Pool
- Wall Evaportive Cooling
- Sewer Connected
- City Water
- Proforma Figures Presented
- Wall Heating
Monthly P&I Estimate:
| | Down Payment | | | None | 05% | 10% | 20% | 30% | 40% | | APR | 5.5% | $2,839 | $2,697 | $2,555 | $2,271 | $1,987 | $1,703 | | 6% | $2,998 | $2,848 | $2,698 | $2,398 | $2,098 | $1,799 | | 6.5% | $3,160 | $3,002 | $2,844 | $2,528 | $2,212 | $1,896 | | 7% | $3,327 | $3,160 | $2,994 | $2,661 | $2,329 | $1,996 | | 7.5% | $3,496 | $3,321 | $3,146 | $2,797 | $2,447 | $2,098 | | 8% | $3,669 | $3,485 | $3,302 | $2,935 | $2,568 | $2,201 |
Remarks: The Lariat is a 25 unit former motel complex conveniently located near I-10 and Palo Verde. These are fully furnished units and many are equipped with kichenettes. Pride of Ownership Property! Very little deferred maintenance,owner has made extensive repairs and upgrades to the property. Currently owner is the on-site manager and is seeking to retire. Directions: 22nd Street/Palo Verde-south,Benson Highway-east to address. |
|
|
|
3274 E Benson Hwy Tucson, Arizona 85706
Map
South Tucson Los Ranchitos
| Property Subtype | Combination | | Number of Units | 25 | | 1 Br Units | 11 | | Studio Units | 12 | | Other Units | 2 | | Year Built | 1947 | | Square Feet | 7413 | | Lot Square Feet | 37897 | | Stories | 1 | | Zoning | Pima County - MU | | Tax Year | 2007 | | Capitalization Rate | 0.122 | | Gross Rent Multiplier | 4.51 | | | | Gross Income: | | | Avg 1 Br Rent | $740/Mo | | Avg Studio Rent | $660/Mo | | Gross Scheduled Rents | $192,720/Yr | $16,060/Mo | | Other Income | $1550/Yr | | Vacancy Loss | -$83390/Yr | | Adjusted Gross Income | $110,880/Yr | $9,240/Mo | | | | Expenses: | | | Contract Services | $1666/Yr | | Gas & Electric | $8954/Yr | | Taxes | $6080/Yr | | Insurance | $7000/Yr | | Maintenance & Supplies | $12000/Yr | | Resident Manager | $11000/Yr | | Water and Sewer | $2268/Yr | | Other Expenses | $1023/Yr | | Total Expenses | $49,991/Yr | $4,166/Mo | | | | Net Income: | | | Net Income | $60,889/Yr | $5,074/Mo |
listed by: Long Realty Companylist price: $500,000
|
|