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1514 E Irvington Rd Includes:

  • Concrete Block Construction
  • Electric Metered Seperately
  • Water Metered Seperately
  • Laundry Facilities
  • Central Evaportive Cooling
  • Sewer Connected
  • City Water
  • Actual Figures Presented
  • Baseboard Heating
  • Fire Protection Included
Monthly P&I Estimate:
Down Payment
None 05% 10% 20% 30%40%
APR5.5%$13,626$12,945$12,264$10,901$9,538$8,176
6%$14,389$13,669$12,950$11,511$10,072$8,633
6.5%$15,169$14,411$13,652$12,135$10,618$9,101
7%$15,967$15,168$14,370$12,773$11,177$9,580
7.5%$16,780$15,941$15,102$13,424$11,746$10,068
8%$17,610$16,729$15,849$14,088$12,327$10,566

Remarks: GREAT INVESTMENT OPPORTUNITY! Highly visible, great ingress and egress, solid block construction, concrete floors, low care maintenance, lots of parking, close to shopping, buses,parks, schools, laundry facilities.

Directions: On Irvington between Park and Campbell on South side of street.

  
1514 E Irvington Rd
Tucson, Arizona 85714

Map

South Tucson

Verde Meadows

Property SubtypeApartment
Number of Units59
1 Br Units58
2 Br Units2
Year Built 1978
Square Feet 33616
Acres1
Stories 2
ZoningTucson - R2
Tax Year2006
Capitalization Rate0.096
Gross Rent Multiplier6.81
 
Gross Income: 
Avg 1 Br Rent$480/Mo
Avg 2 Br Rent$600/Mo
Gross Scheduled Rents$348,480/Yr $29,040/Mo
Other Income$3779/Yr
Adjusted Gross Income$352,259/Yr$29,355/Mo
 
Expenses: 
Contract Services$3224/Yr
Gas & Electric$37336/Yr
Taxes$21259/Yr
Insurance$9000/Yr
Maintenance & Supplies$18885/Yr
Resident Manager$7200/Yr
Water and Sewer$13716/Yr
Other Expenses$10163/Yr
Total Expenses$120,783/Yr $10,065/Mo
 
Net Income: 
Net Income$231,476/Yr $19,290/Mo
 
listed by:
Long Realty Company

list price: $2,399,900




Information Deemed Reliable But Not Guaranteed

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