This Multifamily Property is no longer advertised on LoopNet.com.

190 E East St
Nogales, AZ 85621
Multifamily Property For Sale · 8 Units

Investment Highlights

  • Recently renovated 8-unit apartment complex with a diverse unit mix
  • Predicted 8.10% Cap Rate based on proforma with $100 rent increases
  • Opportunity for value-add through optimization of the unrenovated unit
  • Strong current cash flow with potential for increased rental income
  • Prime location in Nogales, Arizona, with proximity to key amenities and transportation

Property Facts

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.41 AC
Building Size 5,962 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1994/2022

Amenities

Unit Amenities

  • Microwave
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 $700.00 -
1+1 2 $700.00 -
3+1 5 $1,050 -

Property Taxes

Property Taxes

Parcel Number
101-47-016
Land Assessment
$887
Improvements Assessment
$32,468
Total Assessment
$33,355
  • Listing ID: 33075795

  • Date on Market: 9/5/2024

  • Last Updated:

  • Address: 190 E East St, Nogales, AZ 85621

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