216 N Canyon Drive

    Sierra Vista, AZ 85635
    • $177,900
    • STATUS: Active
    • ON SITE: 70 days
    • MLS #: 5857518
    UPDATED: 42 min ago
    $177,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1974
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    The seller has lined you up for SUCCE$$ with 100% occupancy at market rate rents PLUS an additional tenant contribution monthly toward utilities, NEW professional property management, fully remodeled with new roof and interiors 2 years ago, PLUS another $5K+ in new gas lines to each unit! $18,227.08 NOI, 8% Vacancy Rate and 10.19% Cap Rate! Each unit features 1 Bedroom, 1 Full Bathroom, and full sized Refrigerators and Stoves! Nice location close to schools, shopping, dining, Hwy 90 and just minutes from Fort Huachuca! Total sale includes 3 parcels #106-71-119, 106-71-120 and 106-71-120A. Cash or conventional financing only. Move on this one quickly, it won't last long! **Income & expense figures provided by seller and are based on CURRENT rent amounts and expenses!

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    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Yost Realty Group at RE/MAX Casa Grande. Data last updated 2019-02-23T18:11:28.98.
    www.yosthomes.com/homes/90081743

    216 N Canyon Drive Sierra Vista, AZ 85635

    • Price: $177,900
    • Status: Active
    • Updated: 42 min ago
    • MLS #: 5857518
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1974
    Built
    Neighborhood:
    Second Add To Fry Lot 24 Blk 11 7/98 Lc Site Value Cochise, Az
    County:
    Cochise
    Area:
    Sierra Vista
    School District:
    000 - Out of Area
    Property Description
    The seller has lined you up for SUCCE$$ with 100% occupancy at market rate rents PLUS an additional tenant contribution monthly toward utilities, NEW professional property management, fully remodeled with new roof and interiors 2 years ago, PLUS another $5K+ in new gas lines to each unit! $18,227.08 NOI, 8% Vacancy Rate and 10.19% Cap Rate! Each unit features 1 Bedroom, 1 Full Bathroom, and full sized Refrigerators and Stoves! Nice location close to schools, shopping, dining, Hwy 90 and just minutes from Fort Huachuca! Total sale includes 3 parcels #106-71-119, 106-71-120 and 106-71-120A. Cash or conventional financing only. Move on this one quickly, it won't last long! **Income & expense figures provided by seller and are based on CURRENT rent amounts and expenses!
    Exterior Features

    Construction Frame - WoodSlump Block Construction Finish PaintedBrick Trim/Veneer Covered Parking Spaces 0.00 Exterior Amenities Desert LandscapingFenced Lot Size Dimensions 16779 SQ FT Parking 1 Space/UnitAssigned Roads Asphalt/Blacktop Roofing Comp Shingle Total Parking Spaces 6.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 475 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included F/S Oven/RangeRefrigerator Cooling Evaporative Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Other (See Remarks) Heating Window/Wall Unit(S) Interior Amenities UnfurnishedMini Blinds

    Property Features

    1 Bedroom Unit Avg Rent 500.00 1 Bedroom Units 6 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 34246.08 Annual Elec Exp 5048.00 Annual Gas Exp 1770.00 Annual Ins Exp 2675.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 1060.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 1486.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 720.00 Annual Wtr Swr Exp 420.00 Community Amenities No Pool Cross Street 7th St & Fry Blvd Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Other (See Remarks) Gas Sw Gas Gross Annual Sch Inc 37224.00 Hoa YN No Net Operating Income 18227.08 New Financing ConventionalOther (See Remarks) Operating Exp 15418.80 Other Income 0.00 Other Type Packaged Offering Owner Pays WaterLandscapingTrashGasElectricSewer Payment Includes PrincipalInsuranceTaxesInterest Project Type 5 - 12 Units Sale Includes Land & BuildingOther (See Remarks) Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Cochise - County Taxes 2239.80 Tenant Pays Cable Tv Totl Mnth Rntal Inc 3102.00 Vacancy Allowance 0.08 Water Private Franchise Zoning Multi Fam

    Listing courtesy of Re/Max Renaissance Realty.
    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Yost Realty Group at RE/MAX Casa Grande. Data last updated 2019-02-23T18:11:28.98.
     
    Yost Realty Group at RE/MAX Casa Grande
    317 E. Cottonwood Lane, Suite C
    Casa Grande AZ, 85122