1372 W Hwy 92 --, Bisbee, AZ 85603

$1,999,000
List Price
$1,999,000
Days on Market
50
Status
ACTIVE
MLS#
6615858
City
Bisbee
Year Built
1955

Property Description

Don't miss out on this incredible chance to own a 38-unit apartment in the desirable South Bisbee. Pro Forma 11.8 cap. This building is highly coveted within the Bisbee community. Currently undergoing renovations, all units will feature upgraded electric systems, with most units being sub-metered. The plumbing being upgrades with PEX water lines. Each unit will be equipped with new mini split HVAC units, as well as new front doors and energy-efficient windows to reduce energy consumption.Furthermore, there are 8 utility connections specifically designated for RV units, subject to city approval.This is a great opportunity to invest in a highly saught after propert

Additional Information

School District
Bisbee Unified District
Construction
Slump Block
Cooling
Electric
Electric
APS
Exterior Amenities
Security Light(s)
Finish
Painted
Floors
Vinyl
Gas
SW Gas
Guest House SqFt
70
Heating
Natural Gas
New Financing
Conventional
Parking
>1 Space Per Unit, Paved Parking, RV/Boat Parking
Project Type
25 - 50 Units
Roofing
Rolled
Sewer
Sewer - Public
Taxes
$11,132
Tenant Pays
Electric, Water
Units
38
Water
City Franchise, Submetered System
Zoning
Commercial

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of My Home Group Real Estate.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved.