
770 N Dodge Blvd Includes: - Masonry Stucco Construction
- Laundry Facilities
- Package Available
- Central AC
- Pool
- Sewer Connected
- City Water
- Proforma Figures Presented
- Zoned Gas Heating
- Fire Protection Included
Monthly P&I Estimate:
| | Down Payment | | | None | 05% | 10% | 20% | 30% | 40% | | APR | 5.5% | $7,097 | $6,742 | $6,388 | $5,678 | $4,968 | $4,258 | | 6% | $7,494 | $7,120 | $6,745 | $5,996 | $5,246 | $4,497 | | 6.5% | $7,901 | $7,506 | $7,111 | $6,321 | $5,531 | $4,741 | | 7% | $8,316 | $7,900 | $7,485 | $6,653 | $5,821 | $4,990 | | 7.5% | $8,740 | $8,303 | $7,866 | $6,992 | $6,118 | $5,244 | | 8% | $9,172 | $8,713 | $8,255 | $7,338 | $6,420 | $5,503 |
Remarks: Here is your chance to buy WAY below market. Complex currently being remodeled w/mostly interior work remaining. Currently 12 units are occupied & the rest are in various states of completion. As of listing date, approx $300k in work remains(see budget as addt'l docs). Final sales price will be based on the remodel work completed. Recent apprasial showed as is at $1.2M and completed at $1.7M. Get your offer in fast to get the best deal. Directions: North from 5th Street on Dodge to Address |
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770 N Dodge Blvd Tucson, Arizona 85716
Map
Central Tucson Speedway View
| Property Subtype | Apartment | | Number of Units | 33 | | 1 Br Units | 30 | | Studio Units | 2 | | Other Units | 1 | | Year Built | 1966 | | Square Feet | 17190 | | Lot Square Feet | 32670 | | Stories | 2 | | Zoning | Tucson - R3 | | Tax Year | 2007 | | Capitalization Rate | 0.106 | | Gross Rent Multiplier | 5.62 | | | | Gross Income: | | | Avg 1 Br Rent | $595/Mo | | Avg Studio Rent | $495/Mo | | Avg Other Rent | $650/Mo | | Gross Scheduled Rents | $233,880/Yr | $19,490/Mo | | Other Income | $2400/Yr | | Vacancy Loss | -$14032/Yr | | Adjusted Gross Income | $222,248/Yr | $18,521/Mo | | | | Expenses: | | | Gas & Electric | $35000/Yr | | Taxes | $9500/Yr | | Insurance | $5957/Yr | | Maintenance & Supplies | $9850/Yr | | Management | $17779/Yr | | Water and Sewer | $6400/Yr | | Other Expenses | $4932/Yr | | Total Expenses | $89,418/Yr | $7,452/Mo | | | | Net Income: | | | Net Income | $132,830/Yr | $11,069/Mo |
listed by: Tierra Antigua Realtylist price: $1,250,000
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