301 E Pastime Rd Includes: - Electric Metered Seperately
- Gas Metered Seperately
- Laundry Facilities
- Central Evaportive Cooling
- Sewer Connected
- City Water
- Actual Figures Presented
- Combo Heating
- Fire Protection Included
Monthly P&I Estimate:
| | Down Payment | | | None | 05% | 10% | 20% | 30% | 40% | | APR | 5.5% | $5,394 | $5,124 | $4,855 | $4,315 | $3,776 | $3,236 | | 6% | $5,696 | $5,411 | $5,126 | $4,557 | $3,987 | $3,417 | | 6.5% | $6,005 | $5,704 | $5,404 | $4,804 | $4,203 | $3,603 | | 7% | $6,320 | $6,004 | $5,688 | $5,056 | $4,424 | $3,792 | | 7.5% | $6,643 | $6,310 | $5,978 | $5,314 | $4,650 | $3,986 | | 8% | $6,971 | $6,622 | $6,274 | $5,577 | $4,880 | $4,182 |
Remarks: This property consists of 31 rental units. There are 15 park owned mobile homes, 12 moble home space only pads, two small houses and one duples. Assumable loan with appro $495K remaining at 7.5%. Property is individually metered for gas and electric and tenants are also billed for water usage and trash by owner. Property sits on nearly two acres in excellent central location. 2nd park at 208 W King also for sale. Buy both for discount. Directions: From Prince and 1st Ave go South to Pastime |
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301 E Pastime Rd
Tucson, Arizona 85705
Map
Central Tucson Amphitheater Acres
| Property Subtype | Combination | | Number of Units | 31 | | 1 Br Units | 1 | | 2 Br Units | 3 | | Other Units | 27 | | Year Built | 1945 | | Square Feet | 1199 | | Acres | 1 | | Stories | 1 | | Zoning | Tucson - R2 | | Tax Year | 2007 | | Capitalization Rate | 0.102 | | Gross Rent Multiplier | 6.60 | | | | Gross Income: | | | Avg 1 Br Rent | $375/Mo | | Avg 2 Br Rent | $475/Mo | | Avg Other Rent | $393/Mo | | Gross Scheduled Rents | $148,932/Yr | $12,411/Mo | | Other Income | $17000/Yr | | Vacancy Loss | -$22095/Yr | | Adjusted Gross Income | $143,837/Yr | $11,986/Mo | | | | Expenses: | | | Gas & Electric | $7770/Yr | | Taxes | $4869/Yr | | Insurance | $1893/Yr | | Maintenance & Supplies | $18000/Yr | | Resident Manager | $5100/Yr | | Water and Sewer | $6000/Yr | | Other Expenses | $3224/Yr | | Total Expenses | $46,856/Yr | $3,905/Mo | | | | Net Income: | | | Net Income | $96,981/Yr | $8,082/Mo |
listed by:
Tierra Antigua Realtylist price: $950,000
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