
1632 N Louis Ln Includes: - Slump Block Construction
- Electric Metered Seperately
- Gas Metered Seperately
- Laundry Facilities
- Package Available
- Covered Parking
- Pool
- Central Evaportive Cooling
- 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% | $4,764 | $4,526 | $4,287 | $3,811 | $3,335 | $2,858 | | 6% | $5,030 | $4,779 | $4,527 | $4,024 | $3,521 | $3,018 | | 6.5% | $5,303 | $5,038 | $4,773 | $4,242 | $3,712 | $3,182 | | 7% | $5,582 | $5,303 | $5,024 | $4,466 | $3,907 | $3,349 | | 7.5% | $5,866 | $5,573 | $5,280 | $4,693 | $4,106 | $3,520 | | 8% | $6,156 | $5,848 | $5,541 | $4,925 | $4,309 | $3,694 |
Remarks: Investors: This is it! Great opportunity! Long term lease for all 12 units! Eleven 2-bedroom, and a studio - Open to a fenced-in pool area. All units have fenced yards. Carports with storage. Laundry facility available for all units. Tenant covers all utilities, and some maintenance. Shown by appointment only with accepted contract. Please DO NOT disturb tenants. Seller is related to listing agent. Call LA for more info on this great deal! Directions: Pima/Alvernon, East to Louis, South to property. On NW corner of Louis & Harley. SPDS, LBP, Military Disclosure and Pool Addendum all attached. |
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1632 N Louis Ln Tucson, Arizona 85712
Map
Central Tucson
| Property Subtype | Apartment | | Number of Units | 12 | | 2 Br Units | 11 | | Studio Units | 1 | | Year Built | 1952 | | Square Feet | 8319 | | Lot Square Feet | 37026 | | Stories | 1 | | Zoning | Tucson - R2 | | Tax Year | 2007 | | Capitalization Rate | 0.101 | | Gross Rent Multiplier | 8.33 | | | | Gross Income: | | | Avg 2 Br Rent | $730/Mo | | Avg Studio Rent | $365/Mo | | Gross Scheduled Rents | $100,740/Yr | $8,395/Mo | | | | Expenses: | | | Taxes | $6245/Yr | | Insurance | $3720/Yr | | Maintenance & Supplies | $6000/Yr | | Total Expenses | $15,965/Yr | $1,330/Mo | | | | Net Income: | | | Net Income | $84,775/Yr | $7,065/Mo |
listed by: Coldwell Banker Residential Brokeragelist price: $839,000
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