Home PageProperty SearchFavorite Sites

220 E Fort Lowell Rd Includes:

  • Masonry Stucco Construction
  • Electric Metered Seperately
  • Gas Metered Seperately
  • Covered Parking
  • Central Evaportive Cooling
  • Sewer Connected
  • City Water
  • Actual Figures Presented
  • Wall Heating
  • Fire Protection Included
Monthly P&I Estimate:
Down Payment
None 05% 10% 20% 30%40%
APR5.5%$4,423$4,202$3,981$3,538$3,096$2,654
6%$4,670$4,437$4,203$3,736$3,269$2,802
6.5%$4,924$4,678$4,431$3,939$3,447$2,954
7%$5,183$4,924$4,664$4,146$3,628$3,110
7.5%$5,447$5,175$4,902$4,358$3,813$3,268
8%$5,716$5,430$5,144$4,573$4,001$3,430

Remarks: This 12 unit complex with nine one bedroom units, one studio and two three bedroom units has always been easy to rent. Most units updated with tile, carpet, ceiling fans, blinds and paint. All have private yards and carports and are separately metered for gas and electric. Fully occupied with room to raise rents.

Directions: Halfway between 1st & Stone on South side of Fort Lowell. Drive By Only!

  
220 E Fort Lowell Rd
Tucson, Arizona 85705

Map

Central Tucson

Coronado Heights

Property SubtypeApartment
Number of Units12
1 Br Units9
3 Br Units2
Studio Units1
Year Built 1948
Square Feet 7232
Lot Square Feet 28488
Stories 1
ZoningTucson - C2
Tax Year2006
Capitalization Rate0.060
Gross Rent Multiplier12.68
 
Gross Income: 
Avg 1 Br Rent$428/Mo
Avg 3 Br Rent$575/Mo
Avg Studio Rent$330/Mo
Gross Scheduled Rents$63,984/Yr $5,332/Mo
Vacancy Loss-$2550/Yr
Adjusted Gross Income$61,434/Yr$5,120/Mo
 
Expenses: 
Taxes$3595/Yr
Insurance$3300/Yr
Maintenance & Supplies$1200/Yr
Management$5093/Yr
Water and Sewer$1800/Yr
Total Expenses$14,988/Yr $1,249/Mo
 
Net Income: 
Net Income$46,446/Yr $3,871/Mo
 
listed by:
Long Realty Company

list price: $779,000




Information Deemed Reliable But Not Guaranteed

Home PageProperty SearchFavorite Sites
Brought to you by: RE/MAX Majestic
(520)907-5639