2302 E Fort Lowell Rd Includes: - Concrete Block Construction
- Electric Metered Seperately
- Interior Steps
- Laundry Facilities
- Package Available
- Central AC
- Pool
- Sewer Connected
- City Water
- Actual Figures Presented
- Forced Air Gas Heating
- Fire Protection Included
Monthly P&I Estimate:
| | Down Payment | | | None | 05% | 10% | 20% | 30% | 40% | | APR | 5.5% | $14,195 | $13,485 | $12,775 | $11,356 | $9,936 | $8,517 | | 6% | $14,989 | $14,239 | $13,490 | $11,991 | $10,492 | $8,993 | | 6.5% | $15,802 | $15,012 | $14,222 | $12,641 | $11,061 | $9,481 | | 7% | $16,633 | $15,801 | $14,969 | $13,306 | $11,643 | $9,980 | | 7.5% | $17,480 | $16,606 | $15,732 | $13,984 | $12,236 | $10,488 | | 8% | $18,344 | $17,427 | $16,510 | $14,675 | $12,841 | $11,006 |
Remarks: Gated courtyard apartments with pool, video surveillance, WiFi, onsite laundry and ample parking. 3 miles to UofA 38 units total, 9 one bedroom, 29 two bedroom units. 95% occupied. Directions: Campbell Ave and Fort Lowell, East to 2302. One Block west Tucson Blvd. |
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2302 E Fort Lowell Rd
Tucson, Arizona 85719
Map
Central Tucson Campbell Ave Acres
| Property Subtype | Apartment | | Number of Units | 38 | | 1 Br Units | 9 | | 2 Br Units | 29 | | Year Built | 1973 | | Square Feet | 29536 | | Acres | 1 | | Stories | 2 | | Zoning | Tucson - O3 | | Tax Year | 2006 | | Capitalization Rate | 0.061 | | Gross Rent Multiplier | 9.05 | | | | Gross Income: | | | Avg 1 Br Rent | $565/Mo | | Avg 2 Br Rent | $645/Mo | | Gross Scheduled Rents | $285,480/Yr | $23,790/Mo | | Other Income | $4500/Yr | | Vacancy Loss | -$13635/Yr | | Adjusted Gross Income | $276,345/Yr | $23,029/Mo | | | | Expenses: | | | Admin Expenses | $28800/Yr | | Gas & Electric | $21000/Yr | | Taxes | $14500/Yr | | Insurance | $9033/Yr | | Maintenance & Supplies | $38000/Yr | | Water and Sewer | $12000/Yr | | Total Expenses | $123,333/Yr | $10,278/Mo | | | | Net Income: | | | Net Income | $153,012/Yr | $12,751/Mo |
listed by:
Homeland Communities, LLClist price: $2,500,000
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