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1514 E Irvington Rd Includes:

  • Concrete Block Construction
  • Electric Metered Seperately
  • Water Metered Seperately
  • Laundry Facilities
  • Central Evaportive Cooling
  • Sewer Connected
  • City Water
  • Actual Figures Presented
  • Baseboard Heating
  • Fire Protection Included
Monthly P&I Estimate:
Down Payment
None 05% 10% 20% 30%40%
APR5.5%$11,924$11,327$10,731$9,539$8,346$7,154
6%$12,591$11,961$11,332$10,072$8,813$7,554
6.5%$13,273$12,610$11,946$10,619$9,291$7,964
7%$13,971$13,273$12,574$11,177$9,780$8,383
7.5%$14,684$13,949$13,215$11,747$10,278$8,810
8%$15,409$14,639$13,868$12,327$10,786$9,245

Remarks: GREAT INVESTMENT OPPORTUNITY! Highly visible, great ingress and egress, solid block construction, concrete floors, low care maintenance, lots of parking, close to shopping, buses,parks, schools, laundry facilities.

Directions: On Irvington between Park and Campbell on South side of street.

  
1514 E Irvington Rd
Tucson, Arizona 85714

Map

South Tucson

Verde Meadows

Property SubtypeApartment
Number of Units59
1 Br Units58
2 Br Units2
Year Built 1978
Square Feet 33616
Acres1
Stories 2
ZoningTucson - R2
Tax Year2006
Capitalization Rate0.110
Gross Rent Multiplier5.96
 
Gross Income: 
Avg 1 Br Rent$480/Mo
Avg 2 Br Rent$600/Mo
Gross Scheduled Rents$348,480/Yr $29,040/Mo
Other Income$3779/Yr
Adjusted Gross Income$352,259/Yr$29,355/Mo
 
Expenses: 
Contract Services$3224/Yr
Gas & Electric$37336/Yr
Taxes$21259/Yr
Insurance$9000/Yr
Maintenance & Supplies$18885/Yr
Resident Manager$7200/Yr
Water and Sewer$13716/Yr
Other Expenses$10163/Yr
Total Expenses$120,783/Yr $10,065/Mo
 
Net Income: 
Net Income$231,476/Yr $19,290/Mo
 
listed by:
Long Realty Company

list price: $2,100,000




Information Deemed Reliable But Not Guaranteed

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