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$1,100,000 Active Contingent

250 N Carroll Drive
Sierra Vista, AZ 85635

56 units |
32,703 sq ft;
lot: 1 acre
Commercial: Apartment - MLS# 21829067
Property Photo
1/10

Description

Unique opportunity to own at a masonry apartment building with a 3br house 2bath manager office plus a recreation building and a Pool. 5 buildings on approximate acre lot . Located in scenic Sierra Vista with mountain views and mild climate.

Features

  • # of Parking Spaces: 75
  • Analysis: Cap Rate %: 15.00
  • Analysis: Gross Rent Multi: 3.52
  • Analysis: Vacancy Rate %: 19.01
  • Country: USA
  • County/Area: Cochise County
  • Directions: Fry Blvd to North on Garden avenue to Carroll to address.
  • Electric: Electric Company: sierra vista
  • Expenses: Figures Presented: Proforma
  • Expenses: Gas/Electric: 42000.00
  • Expenses: Insurance: 22000.00
  • Expenses: Resident Manager: 22000.00
  • Expenses: Taxes/Assessments: 23000.00
  • Expenses: Water/Sewer: 8000.00
  • Fire Protection: Included in Taxes
  • Freeway/Highway: Over 5.1 Miles
  • Gas: Natural
  • Green Features: Infill Site
  • Income: Adjusted Gross: 312200.00
  • Income: Gross Scheduled Rent: 384000.00
  • Income: Net Opp Income: 169000.00
  • Income: Other Income: 1200.00
  • Income: Vacancy Loss: 73000.00
  • Landscape - Front: Decorative Gravel
  • Landscape - Rear: Low Care, Trees, Shrubs
  • Listing Status: Active Contingent
  • Lot Dimensions: irregular
  • Lot Size: 1.0000
  • Lot Size Price/SqFt: 10.88
  • Lot Size Source: Assessor
  • Lot Sqft: 101059.00
  • Main Cooling: AC Wall
  • Main Heating: Wall
  • Multi-Tenant: Yes
  • Municipality/Zoning: SCC - MFR
  • Parking: Paved Parking
  • Parking Spaces: 75
  • Property Features: Conference Room
  • Property Type: Commercial
  • Road Type: Paved
  • Security: Cameras
  • Sewer: Connected
  • Source of SqFt: Assessor
  • Sq.Ft.: 32703
  • Sub Type: Apartment
  • Terms: Cash, Conventional
  • Unit Information: Apartment: Low Rise
  • Units: 56
  • Water: City
  • Water Heater: Electric
  • Year Built: 1987
  • Zip Code: 85635

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Daniel Biel
Associate Broker

Realty Executives Tucson Elite
6760 N. Oracle rd suite 130
Tucson, Az 85704

 
Phone: 520 850 8080
Email: azguru@gmail.com
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