3288 N GERONIMO N Geronimo Ave, Tucson, AZ 85705

Size: px

Start display at page:

Download "3288 N GERONIMO N Geronimo Ave, Tucson, AZ 85705"

Abner Heath
5 years ago
Views:

2 Property Details 16 TOTALLY REMODELED 2 BEDROOM 1 BATH UNITS WITH NEW A/C, FLOORS AND KITCHENS. GREAT RENTAL OCCUPANCY. CENTRAL TUCSON Price: $1,164,996 NEWLY REMODELED NEW A/C NEW KITCHENS SECURITY FENCED SEPARATE METERS FOR ELECTRIC AND GAS. View the full listing here: Price: $1,164,996 No. Units: 16 Property Type: Multifamily Property Sub-type: Apartments Apartment Style: Low Rise Building Class: C Sale Type: Investment Cap Rate: 7.45% Lot Size: 0.52 AC Building Size: 10,952 SF No. Stories: 2 Year Built: 1981 Parking Ratio: 1.39/1,000 SF Zoning Description: R-3 APN / Parcel ID:

3 GERONIMO Type # of Units Sq. Ft. Total S.F. Rent per S.F. Total Monthly Rent Stabalized Rent 1 BD/ 1 BA $0.00 $0 $0 2 BD / 1 BA $0.00 $11,200 $700 Total/Avg ,952 0 $0.00 $11,200 $700 Income Statement RENTAL INCOME Gross Market Rent Vacancy Loss Gross Rent Bad Debt/ Concessions Net Rental Income Marketing Proforma Proforma Per Unit $134,400 $0 $8, % $125,820 $0 $0 0.00% $125,820 $0 utility reinbursment $5,400 Other Income (Laundry, Pet & Misc.) $1,800 $0 TOTAL INCOME $133,020 OPERATING EXPENSES General & Admin Leasing and Marketing Repairs & Maintenance $327 $500 $5,000 $0 Contract Services / Landscaping $8,316 $0 Utilities $7,000 $0 Property Taxes Property Insurance TOTAL VARIABLE $21,143 $0 $7,361 $0 $4,800 $300 $11, % Management Fee Reserves $1,600 $100 TOTAL EXPENSES 35% $46,228 $0 NET OPERATING INCOME $86,792 $0 Stabilized Market Valuation Value $1,142,003 Per Unit $71,375 Per Square Foot $ CAP RATE 7.60%

4 Geronimo Place Unit App ID App Name July statement Move-In Date Past Due Total Billing Utilities Rent Collected Collected Balance p contracts Per Brook 8/1 utilities Contract type Brady updates Scheduled Rents Utilities 3288-A SCH (2BD) /27/2017 $0.00 $ $ $0.00 $ a $ tenant paid 8/8 move in $ $0.00 Owner pd utilities Controlled Thermostat 3288-B (2BD) Rai, Purna 4/25/2016 $0.00 $ $ $0.00 $0.00 b $ tenant pays over $100 2nd Chance $ $0.00 Y Y 3288-C SCH (2BD) Fugate, John 7/1/2015 ($5.00) $ $ $0.00 $ c $ tenant paid 2nd Chance $ $ D (2BD) CHuwan, Bkakta 4/28/2016 $0.00 $ $ $0.00 $0.00 d $ tenant pays over $100 2nd Chance $ $0.00 Y 3288-E VM (W/UT) (2BD) Thompson, Tiffan 1/10/2017 $0.00 $ $ $ $0.00 e $ included voucher $ $0.00 Y Y 3288-F SCH (2BD) Mills, Fathom 2/7/2017 $0.00 $ $ $0.00 ($0.03) f $ tenant paid 2nd Chance $ $ G SCH (2BD) Heard, Nelson 12/5/2016 $0.00 $ $ $0.00 $ g $ vacant $ $ H VM (W/UT) (2BD) Johnson, Juanita 2/27/2017 ($27.07) $ $0.00 $0.00 $ h $ vacant $ $ Y Y 3290-A SCH (2BD) Melendrez, Melan 4/18/2017 $0.00 $ $ $0.00 ($2.50) 90-a $ tenant paid 2nd Chance $ $ B SCH UT (2BD) Coats, Cybra 4/13/2017 $0.00 $ $ $0.00 $ b $ included 2nd Chance $ $0.00 y 3290-C SCH UT (2BD) Acedo, Miranda U 9/29/2016 $0.00 $ $ $75.00 $ c $ included 2nd Chance $ $ y Y 3290-D SCH (2BD) Camacho, Marline 12/23/2016 $0.00 $ $ $0.00 $0.05 d $ tenant paid 2nd Chance $ $ E SCH (2BD) Holt, Kyla 7/14/2017 $0.00 $ $ $0.00 $0.00 e $ tenant paid 2nd Chance $ $ F SCH (2BD) voucher, new movnew $0.00 $ $0.00 $0.00 $0.00 f $ included Voucher 8/2 $ $0.00 y Y 3290-G Sec. 8 (W/UT) (2BD Arvizu, Modesta V 10/25/2016 $50.00 $ $ $ $ g $ included Section 8 $ $ y Y 3290-H SCH (2BD) Borbon, Michelle 1/23/2017 $0.00 $ $ $0.00 ($0.03) h $ tenant paid 2nd Chance $ $0.00 Totals Per Monthly Billing $17.93 $11, $7, $ $3, Total $12, $11, $450.00

5 10:41 AM Geronimo (Dream Weaver) 08/18/17 Profit & Loss Cash Basis January through July 2017 Jan 17 Feb 17 Mar 17 Apr 17 May 17 Jun 17 Jul 17 TOTAL Ordinary Income/Expense Income Misc Rental Income Rent Income 9, , , , , , , , Utility Income , Total Rental Income 10, , , , , , , , Total Income 10, , , , , , , , Expense Administrative Expense Acct. Data , Advertising , Banking Fees Management Fee , Office Supplies Total Administrative Expense 1, , , , , , Maintenance Contracts Services Contracted Trash Out Services Equipment Contract , Landscaping Contract Pest Control Contract Supervisor Contract , Total Maintenance Contracts Services , Payroll Expenses On-Site Manager , Outside Maintenance Man , Total Payroll Expenses , Repairs and Maintenance Materials , Total Repairs and Maintenance , Utilities Electric 1, , , , Water/Sewer , Total Utilities 1, , , , , , Total Expense 4, , , , , , , , Net Ordinary Income 6, , , , , , , , Net Income 6, , , , , , , , Page 1

6 Unit/Room Mix Information Description No. Units Avg. Rent/Mo Sq. Ft $ N/A

7 Location

8 Property Photos

9 Property Photos

10 Property Photos

11 Property Photos

12 Property Photos

13 Property Photos

Income Statement Lakeview Accrual Basis Jun 2018

Income Statement Lakeview Accrual Basis Jun 2018 Lakeview Accrual Basis Jun 2018 Property: Lakeview Income Revenues 4010-0000 Gross Market Rent - 30,656.00 30,656.00 30,656.00 30,656.00 30,563.00 30,499.00 30,467.00 30,403.00 30,403.00 30,339.00 30,307.00