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Investment Highlights

  • Great Location
  • Positioned for Strong Cash Flow and Future Appreciation
  • High-Visibility Multifamily Asset with Expansion Potential

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $255,600 $10.89
Other Income - -
Vacancy Loss - -
Effective Gross Income $255,600 $10.89
Taxes $12,709 $0.54
Operating Expenses - -
Total Expenses $12,709 $0.54
Net Operating Income - -

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $255,600
Annual Per SF $10.89
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $255,600
Annual Per SF $10.89
Taxes
Annual $12,709
Annual Per SF $0.54
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $12,709
Annual Per SF $0.54
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $2,500,000
Price Per Unit $65,789
Sale Type Investment
No. Units 38
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 2.53 AC
Building Size 23,472 SF
Average Occupancy 50%
No. Stories 2
Year Built/Renovated 1955/2025
Parking Ratio 2.13/1,000 SF

Amenities

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 24 $900.00 -
1+1 11 $1,100 -
2+1 2 $1,400 -
3+1 1 $1,600 -
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
102-20-331B
Land Assessment
$16,488
Improvements Assessment
$168,066
Total Assessment
$184,554
Annual Taxes
$12,709 ($0.54/SF)
Tax Year
2025
  • Listing ID: 41536905

  • Date on Market: 8/3/2026

  • Last Updated:

  • Address: 1372 W Highway 92, Bisbee, AZ 85603

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