
1103 E Adams St Includes: - Slump Block Construction
- Electric Metered Seperately
- Gas Metered Seperately
- Laundry Facilities
- Package Available
- Wall AC
- Wall Evaportive Cooling
- Sewer Connected
- City Water
- Proforma Figures Presented
- Floor Furnace Heating
- Fire Protection Included
Monthly P&I Estimate:
| | Down Payment | | | None | 05% | 10% | 20% | 30% | 40% | | APR | 5.5% | $5,962 | $5,664 | $5,366 | $4,769 | $4,173 | $3,577 | | 6% | $6,295 | $5,981 | $5,666 | $5,036 | $4,407 | $3,777 | | 6.5% | $6,637 | $6,305 | $5,973 | $5,309 | $4,646 | $3,982 | | 7% | $6,986 | $6,636 | $6,287 | $5,589 | $4,890 | $4,191 | | 7.5% | $7,342 | $6,975 | $6,608 | $5,873 | $5,139 | $4,405 | | 8% | $7,705 | $7,319 | $6,934 | $6,164 | $5,393 | $4,623 |
Remarks: Great opportunity to own 15 casitas w/i 4 blks of the UofA! Two separate parcels located on the same block. 5 units on one and 10 units on the other. 13 studio units with three different floor plans, and 2 one bdrm units. Please see floor plans under virtural media link. All units have been updated with newer appliances, A/C, gas heaters, cabinets, security doors, security lights, etc. 5 units have upgraded electric & newer roofs. Owner/Agent Directions: Speedway/Park. North to Adams. East to Fremont. 1103 is on NE corner of Fremont and Adams. East to 1141 which is on NW corner of Santa Rita and Adams. |
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1103 E Adams St Tucson, Arizona 85719
Map
Central Tucson University Home
| Property Subtype | Apartment | | Number of Units | 15 | | 1 Br Units | 2 | | Studio Units | 13 | | Other Units | 1 | | Year Built | 1938 | | Square Feet | 7392 | | Lot Square Feet | 30000 | | Stories | 1 | | Zoning | Tucson - R2 | | Tax Year | 2008 | | Capitalization Rate | 0.075 | | Gross Rent Multiplier | 11.05 | | | | Gross Income: | | | Avg 1 Br Rent | $625/Mo | | Avg Studio Rent | $525/Mo | | Avg Other Rent | $125/Mo | | Gross Scheduled Rents | $98,400/Yr | $8,200/Mo | | Other Income | $1440/Yr | | Vacancy Loss | -$4845/Yr | | Adjusted Gross Income | $94,995/Yr | $7,916/Mo | | | | Expenses: | | | Admin Expenses | $150/Yr | | Gas & Electric | $750/Yr | | Taxes | $4702/Yr | | Insurance | $3850/Yr | | Maintenance & Supplies | $3000/Yr | | Water and Sewer | $3750/Yr | | Other Expenses | $150/Yr | | Total Expenses | $16,352/Yr | $1,363/Mo | | | | Net Income: | | | Net Income | $78,643/Yr | $6,554/Mo |
listed by: Tucson Integrity Realtylist price: $1,050,000
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