887 E Tacoma Street Unit -, Sierra Vista, AZ 85635
- $995,000
- List Price
- $995,000
- Price Change
- ▼ $405,000 1787278174
- Days on Market
- 135
- Status
- ACTIVE
- MLS#
- 7021150
- City
- Sierra Vista
- Lot Size
- 285,562
Property Description
SHOVEL-READY DEVELOPMENT! Presenting one of Sierra Vista's most compelling turn-key development opportunities -- a 6.46-acre R-2 zoned parcel with a professionally designed preliminary platted site plan for a subdivision totaling up to 80 residential units, complete with on-site utilities, a 2,500 S.F. clubhouse, dog park, and 200 parking spaces. This is not raw land. This is a fully conceived, architect-designed community ready for a qualified builder or investor to take across the finish line. The preliminary site plan, designed by Studio Y Design & Development, includes three distinct unit types to capture the full spectrum of the Sierra Vista rental and purchase market: Build-to-Rent (BTR) Deploy all 80 units as rentals. Sierra Vista's Fort Huachuca-driven rental market provides consistent occupancy with military, contractor, and civilian tenants year-round. Build-to-Sell -Sell individual units or sell the entire completed community to a multifamily investor at stabilized value. Hybrid Strategy Retain high-performing units as long-term rentals while selling remaining units individually to owner-occupants -- maximizing cash flow and immediate returns simultaneously. The seller is open to financing for qualified buyers, allowing you to: Preserve construction capital for vertical development Reduce upfront acquisition risk. Close faster than traditional bank financing timelines. Seller is ready to work with the right buyer. This one may go fast! Seller is a Licensed Real Estate Agent in the State of Arizona.
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Additional Information
- Elementary School
- Bella Vista Elementary School
- High School
- Buena High School
- Acres
- 6.56
- Electric
- City Electric
- Lot Size
- 285,562
- New Financing
- Cash, Cash to Loan, Conventional, SBA, Seller Approve Terms, Owner May Carry, 1031 Exchange
- Lot Features
- Corner Lot
- Taxes
- $4,187
- Tax Year
- 2025
- Vegetation
- Low Desert
- Water
- City Franchise
- Zoning
- R-2
Courtesy of OMNI Homes International. 520-406-0000
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