1749 S 6Th Ave Includes: - Concrete Block Construction
- Laundry Facilities
- Package Available
- Wall AC
- Pool
- Sewer Connected
- City Water
- Actual Figures Presented
- Wall Heating
- Fire Protection Included
Monthly P&I Estimate:
| | Down Payment | | | None | 05% | 10% | 20% | 30% | 40% | | APR | 5.5% | $13,621 | $12,940 | $12,259 | $10,897 | $9,535 | $8,173 | | 6% | $14,383 | $13,664 | $12,945 | $11,507 | $10,068 | $8,630 | | 6.5% | $15,163 | $14,405 | $13,647 | $12,131 | $10,614 | $9,098 | | 7% | $15,961 | $15,163 | $14,365 | $12,768 | $11,172 | $9,576 | | 7.5% | $16,774 | $15,935 | $15,097 | $13,419 | $11,742 | $10,064 | | 8% | $17,603 | $16,723 | $15,843 | $14,082 | $12,322 | $10,562 |
Remarks: GREAT INCOME PROPERTY! ALWAYS 100% RENTED! This Beautifully Historic 32 Unit AZ Motel and 25 Space RV Park offers a great opportunity for self-starter. Repeated family clientele, swimming pool & courtyard, guest laundry, magnificent sunsets and mountain views with more than ample parking located on a highly traveled road. Solid 10% CAP Rate! GO! Directions: Broadway Blvd/Stone Ave S on Stone Ave to 6th Avenue S to Address. |
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1749 S 6Th Ave
Tucson, Arizona 85713
Map
South Tucson Chattmans
| Property Subtype | Combination | | Number of Units | 57 | | 1 Br Units | 15 | | 2 Br Units | 13 | | 3 Br Units | 4 | | Other Units | 25 | | Year Built | 1946 | | Square Feet | 14611 | | Acres | 2 | | Stories | 1 | | Zoning | Tucson - C2 | | Tax Year | 2006 | | Capitalization Rate | 0.058 | | Gross Rent Multiplier | 7.20 | | | | Gross Income: | | | Avg 1 Br Rent | $875/Mo | | Avg 2 Br Rent | $475/Mo | | Avg 3 Br Rent | $500/Mo | | Avg Other Rent | $288/Mo | | Gross Scheduled Rents | $342,000/Yr | $28,500/Mo | | Vacancy Loss | -$8880/Yr | | Adjusted Gross Income | $333,120/Yr | $27,760/Mo | | | | Expenses: | | | Admin Expenses | $1331/Yr | | Contract Services | $25239/Yr | | Gas & Electric | $39845/Yr | | Taxes | $55131/Yr | | Insurance | $6618/Yr | | Maintenance & Supplies | $9857/Yr | | Resident Manager | $15779/Yr | | Water and Sewer | $7061/Yr | | Other Expenses | $33621/Yr | | Total Expenses | $194,482/Yr | $16,207/Mo | | | | Net Income: | | | Net Income | $138,638/Yr | $11,553/Mo |
listed by:
S.J. Fowler/GMAC Real Estatelist price: $2,399,000
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