
220 E Benson Hwy Includes: - Concrete Block Construction
- Laundry Facilities
- Package Available
- Covered Parking
- Wall AC
- 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% | $7,608 | $7,228 | $6,848 | $6,087 | $5,326 | $4,565 | | 6% | $8,034 | $7,632 | $7,231 | $6,427 | $5,624 | $4,820 | | 6.5% | $8,470 | $8,046 | $7,623 | $6,776 | $5,929 | $5,082 | | 7% | $8,915 | $8,469 | $8,024 | $7,132 | $6,241 | $5,349 | | 7.5% | $9,369 | $8,901 | $8,433 | $7,496 | $6,559 | $5,622 | | 8% | $9,832 | $9,341 | $8,849 | $7,866 | $6,883 | $5,899 |
Remarks: The ECONOMY INN is ideally located on I-10, comprised of 19 units, including kitchenetts, large laundry facility, storage rooms, ample parking, EXTRA LAND to expand business and plenty more. Thus ideal for additional suites, 20 Space RV, or any other lucrative business opportunity. Next to Silver Saddle Steak House, minutes to UofA, Historic Downtown Tucson, Tucson International Airport and more. Huge Upside Potential! GO!! Directions: ON I-10, Off 6th Avenue, Exit 261 towards E Benson Hwy to address. |
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220 E Benson Hwy Tucson, Arizona 85713
Map
South Tucson Southgate
| Property Subtype | Apartment | | Number of Units | 19 | | 1 Br Units | 19 | | Year Built | 1950 | | Square Feet | 8552 | | Acres | 1 | | Stories | 1 | | Zoning | Tucson - C2 | | Tax Year | 2006 | | Capitalization Rate | 0.064 | | Gross Rent Multiplier | 10.13 | | | | Gross Income: | | | Avg 1 Br Rent | $1050/Mo | | Gross Scheduled Rents | $239,400/Yr | $19,950/Mo | | Other Income | $600/Yr | | Vacancy Loss | -$107730/Yr | | Adjusted Gross Income | $132,270/Yr | $11,023/Mo | | | | Expenses: | | | Admin Expenses | $348/Yr | | Gas & Electric | $16791/Yr | | Taxes | $7919/Yr | | Insurance | $1753/Yr | | Maintenance & Supplies | $5684/Yr | | Water and Sewer | $3120/Yr | | Other Expenses | $10414/Yr | | Total Expenses | $46,029/Yr | $3,836/Mo | | | | Net Income: | | | Net Income | $86,241/Yr | $7,187/Mo |
listed by: S.J. Fowler/GMAC Real Estatelist price: $1,340,000
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