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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%
APR5.5%$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.

  
1103 E Adams St
Tucson, Arizona 85719

Map

Central Tucson

University Home

Property SubtypeApartment
Number of Units15
1 Br Units2
Studio Units13
Other Units1
Year Built 1938
Square Feet 7392
Lot Square Feet 30000
Stories 1
ZoningTucson - R2
Tax Year2008
Capitalization Rate0.075
Gross Rent Multiplier11.05
 
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 Realty

list price: $1,050,000




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