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Arizona Acres 
272 E. Calle Arizona
Tucson, AZ 85705
County: Pima
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(520) 918-7474 |
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Long Realty Company
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| Type: | Multifamily
Garden/Low-Rise |
| No. Units: | 13 |
| Building Size: | 10,564 SF |
| Lot Size: | 0.95 Acres |
| Occupancy: | 100.00% |
| Price: | $1,556,500 |
| Price/Unit: | $119,730.77 |
| Cap Rate: | 6.30% |
| Year Built: | 2002 |
| Date Last Verified: | 4/2/2008 |
| Property ID: | 15516441 |
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Property Description:
13 unit 1 story apartment complex, 11 units built in 2002, 6 units are 2 bdrm 2 bath, 6 units are 2 bdrm, 1 bath separated by the living room. Units have polished concrete floors, full kitchens, with W/D hookup, enclosed rear yards, desert landscape, covered parking. 2008 CAP rate =7.2 (projected)
Location Description:
Arizona Acres lot 48. 1/2 mmile South of the Tucson Mall, within 1 block of Sun Tran bus route.
| No. Stories: | 1 | Commission Split: | 3% |
| TaxID/APN: | 105-13-1200 |
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| Year: | 2008 |
| Scheduled Gross Income: | $115,700 |
| Effective Gross Income: | $115,700 |
| Operating Expenses: | $19,200 |
| Net Operating Income: | $96,500 |
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| 2 bedroom , 2 bath |
No. Units: 6
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| 2 bedroom, 1 bath |
No. Units: 6
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| Debt & Equity Information |
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No Debt & Equity Information Provided
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1/16/2008
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| The information above has been
obtained from sources believed reliable. While we do not doubt its accuracy we
have not verified it and make no guarantee, warranty or representation about
it. It is your responsibility to independently confirm its accuracy and
completeness. Any projections, opinions, assumptions, or estimates used are for
example only and do not represent the current or future performance of the
property. The value of this transaction to you depends on tax and other factors
which should be evaluated by your tax, financial, and legal advisors. You and
your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for
your needs.
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