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30 N Camino Villas Dr Includes:

  • Frame Stucco Construction
  • Gas Metered Seperately
  • 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%
APR5.5%$5,104$4,849$4,594$4,084$3,573$3,063
6%$5,390$5,120$4,851$4,312$3,773$3,234
6.5%$5,682$5,398$5,114$4,546$3,978$3,409
7%$5,981$5,682$5,383$4,785$4,187$3,589
7.5%$6,286$5,972$5,657$5,029$4,400$3,772
8%$6,597$6,267$5,937$5,277$4,618$3,958

Remarks: Beautifully remodeled 16 unit apartment complex in one of Tucson's most sought-after areas. Real pride of ownership abounds inside and out of this highly attractive building. 2 blocks south of the Tucson Mall. All units are jr. 1-bedrooms. Rents are $400-$425/month with some upside, creating added value for the new owner. Separate electric meters for all units. Great investment opportunity! Income/expenses are actual 8 months annualized.

Directions: From Stone/Wetmore, go south 2 blocks to Camino Villas Drive, turn east (right) and go to end of the street. Property is on the south side.

  
30 N Camino Villas Dr
Tucson, Arizona 85705

Map

North Tucson

Property SubtypeApartment
Number of Units16
1 Br Units16
Year Built 1981
Square Feet 7360
Lot Square Feet 20213
Stories 2
ZoningTucson - R3
Tax Year2008
Capitalization Rate0.070
Gross Rent Multiplier11.35
 
Gross Income: 
Avg 1 Br Rent$415/Mo
Gross Scheduled Rents$79,680/Yr $6,640/Mo
Other Income$1116/Yr
Vacancy Loss-$1596/Yr
Adjusted Gross Income$79,200/Yr$6,600/Mo
 
Expenses: 
Admin Expenses$500/Yr
Capital Expenses$7563/Yr
Gas & Electric$1992/Yr
Taxes$4795/Yr
Insurance$1578/Yr
Management$3192/Yr
Water and Sewer$3085/Yr
Other Expenses$1170/Yr
Total Expenses$23,875/Yr $1,990/Mo
 
Net Income: 
Net Income$55,325/Yr $4,610/Mo
 
listed by:
RE/MAX All Executives

list price: $899,000




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