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Apartments 1372 W Highway 92 38 Unit Apartment Building $2,500,000 ($65,789/Unit) Bisbee, AZ 85603



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 | Building Class | C |
| Price Per Unit | $65,789 | Lot Size | 2.53 AC |
| Sale Type | Investment | Building Size | 23,472 SF |
| No. Units | 38 | Average Occupancy | 50% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1955/2025 |
| Apartment Style | Low-Rise | Parking Ratio | 2.13/1,000 SF |
| 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 | - |
1 1
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 102-20-331B | Total Assessment | $184,554 |
| Land Assessment | $16,488 | Annual Taxes | $12,709 ($0.54/SF) |
| Improvements Assessment | $168,066 | Tax Year | 2025 |
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
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Presented by
Abbott Realty
Apartments | 1372 W Highway 92
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