The Art Deco building is one of the few Art Deco structures from the 1920's thatremain in Tucson. It is listed on the National Register of Historic Places and is located in the historic West University Neighborhood. The buildings outstanding location is only five blocks to the main entrance to the University of Arizona, close to downtown, and on the streetcar line and a major bicycle route. The five apartmentsare all uniquely different from one another each with 12-foot ceilings and upgraded kitchens and bathrooms. Exterior was replastered and repainted. Upgraded electric service and HVAC systems. See the improvement list in attached documents. Additional amazing units available MLS 22108771, 22108774, 22108772.

Construction Masonry Stucco Fence BlockStucco Finish Landscape Front Low Care Landscape Rear Low Care Road Type Paved Roof Built-Up

Main Cooling Ac Central Main Heating Forced Air - Gas Water Heater Natural Gas

Accessibility Option None Analysis Cap Rate Percent 5.66 Analysis Exp Percent Of Gross 31.07 Analysis Exp Sqft 8.01 Analysis Gross Rent Multi 12.18 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Country Usa Electric Electric Company Tep Expenses Admin Expenses 0.00 Expenses Captial Expenses 0.00 Expenses Contract Services 2028.00 Expenses Figures Presented Proforma Expenses Gas Electric 3938.00 Expenses Insurance 909.00 Expenses Maintenance Supplies 2500.00 Expenses Management 0.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 4121.00 Expenses Water Sewer 1176.00 Fema Flood Zone No Fenced Storage Yes Fire Protection Included in Taxes Freeway Highway 1.1 - 2 Miles Gas Natural Income Adjusted Gross 47220.00 Income Gross Scheduled Rent 47220.00 Income Net Opp Income 32548.00 Income Other Income 0.00 Income Total Expenses 14672.00 Income Vacancy Loss 0.00 Lot Dimensions 60' X 128' +/- Lot Features Corner Lot Lot Sqft 7841.00 Multi Tenant Yes Municipal Flood Zone No Municipality Zoning Tucson - Hr3 Property Disclosures Lead Based PaintSeller Prop Disclosure Property Sub Type Apartment Restrictions Cc&RDeed Security None Sewer Connected Short Sale No Source Of Sqft Assessor Special Conditions None Tax Year 2020 Taxes 4121.00 Terms CashConventionalOwner Carry Total Parking 5 Traffic Count Unknown Water City

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521 E University Boulevard

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521 E University Boulevard Tucson, AZ 85705

Property Description

Construction	Masonry Stucco
Fence	Block Stucco Finish
Landscape Front	Low Care
Landscape Rear	Low Care
Road Type	Paved
Roof	Built-Up

Main Cooling	Ac Central
Main Heating	Forced Air - Gas
Water Heater	Natural Gas

Accessibility Option	None
Analysis Cap Rate Percent	5.66
Analysis Exp Percent Of Gross	31.07
Analysis Exp Sqft	8.01
Analysis Gross Rent Multi	12.18
Analysis Vacancy Rate Percent	0.00
Assessments	0.00
Country	Usa
Electric Electric Company	Tep
Expenses Admin Expenses	0.00
Expenses Captial Expenses	0.00
Expenses Contract Services	2028.00
Expenses Figures Presented	Proforma
Expenses Gas Electric	3938.00
Expenses Insurance	909.00
Expenses Maintenance Supplies	2500.00
Expenses Management	0.00
Expenses Other Expenses	0.00
Expenses Resident Manager	0.00
Expenses Taxes Assessments	4121.00
Expenses Water Sewer	1176.00
Fema Flood Zone	No
Fenced Storage	Yes
Fire Protection	Included in Taxes
Freeway Highway	1.1 - 2 Miles
Gas	Natural
Income Adjusted Gross	47220.00
Income Gross Scheduled Rent	47220.00
Income Net Opp Income	32548.00
Income Other Income	0.00
Income Total Expenses	14672.00
Income Vacancy Loss	0.00
Lot Dimensions	60' X 128' +/-
Lot Features	Corner Lot
Lot Sqft	7841.00
Multi Tenant	Yes
Municipal Flood Zone	No
Municipality Zoning	Tucson - Hr3
Property Disclosures	Lead Based Paint Seller Prop Disclosure
Property Sub Type	Apartment
Restrictions	Cc&R Deed
Security	None
Sewer	Connected
Short Sale	No
Source Of Sqft	Assessor
Special Conditions	None
Tax Year	2020
Taxes	4121.00
Terms	Cash Conventional Owner Carry
Total Parking	5
Traffic Count	Unknown
Water	City