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8922 S Nogales Hwy Includes:

  • Concrete Block Construction
  • Electric Metered Seperately
  • Gas Metered Seperately
  • Laundry Facilities
  • Central Evaportive Cooling
  • Sewer Connected
  • City Water
  • Proforma Figures Presented
  • Other Heating
  • Fire Protection Included
Monthly P&I Estimate:
Down Payment
None 05% 10% 20% 30%40%
APR5.5%$3,265$3,102$2,938$2,612$2,285$1,959
6%$3,447$3,275$3,103$2,758$2,413$2,068
6.5%$3,634$3,453$3,271$2,908$2,544$2,181
7%$3,825$3,634$3,443$3,060$2,678$2,295
7.5%$4,020$3,819$3,618$3,216$2,814$2,412
8%$4,219$4,008$3,797$3,375$2,953$2,531

Remarks: Well built old Tucson Style courtyard complex that needs to be upgraded. This area has very few apartments and lots of employment opportunities. Property is professionaly managed however needs to be owner operated. Property is being sold as is.

Directions: South on Nogales Highway from Valencia.

  
8922 S Nogales Hwy
Tucson, Arizona 85706

Map

South Tucson

Property SubtypeApartment
Number of Units14
2 Br Units14
Year Built 1963
Square Feet 12600
Acres1
Stories 1
ZoningPima County - CR5
Tax Year2006
Capitalization Rate0.156
Gross Rent Multiplier6.42
 
Gross Income: 
Avg 2 Br Rent$533/Mo
Gross Scheduled Rents$89,544/Yr $7,462/Mo
 
Net Income: 
Net Income$89,544/Yr $7,462/Mo
 
listed by:
Tucson Realty & Trust Co

list price: $575,000




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