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$5,500,000
155 Days Online

201 W Fry Boulevard
Sierra Vista, AZ 85635

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
31,797
SqFt
$173
/SqFt
1957
Built
County:
Cochise

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Call Now: 520-344-ACES (2237)
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520-344-ACES (2237)
201 W Fry Boulevard201 W Fry Boulevard201 W Fry Boulevard201 W Fry Boulevard
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Gorgeously remodeled/updated 69 unit apartment complex located a quarter mile from Ft. Huachuca in Sierra Vista listed at a proforma 6.22% cap rate. In 2021 to present, property boasts new roof, new gym, remodeled leasing office, business center, pool, fire safety system, and muraled walls. 39 of the units received brand new kitchens, flooring, paint, fixtures, and appliances. All units were updated with new paint, flooring, and many have new PTAC AC units. 30 of the units are currently furnished with another 10 underway. Currently at 95% occupancy with an average rental rate (including RUBS) of $895 per unit. Property has to be leased month to month to keep grandfathered zoning. One of the Members of the Owner is a licensed real estate broker in AZ.

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Listing Snapshot
Price 
$5,500,000
Days Online 
155 Days
Bedrooms 
N/A
Inside Area (SqFt) 
31,797 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.72 Acres
Year Built 
1957
MLS Number 
22216818
Status 
Active
Property Tax 
$9,289
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
8 hours agoListing updated with changes from the MLS
4 weeks agoStatus changed to Active
4 weeks agoPrice changed to $5,500,000
5 months agoListing first seen online
General Features
Sewer 
Connected
Construction 
Frame - Stucco
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Exterior Features
Roof 
Built-Up - Reflect
Fence 
Chain LinkStucco FinishWrought Iron
Community Features
Security 
Alarm InstalledCamerasSecurity LightsWindow Bars
Listing courtesy of Pinnacle Realty and Investment Advisors LLC ?



The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of the Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in Listings provided by brokerages other than this office are identified with the MLSSAZ IDX Logo. Listing information Copyright 2022 MLS of Southern Arizona. All Rights Reserved.

Data last incremented at 2022-11-29 12:00 PM MST

Neighborhood & Commute
Source: Walkscore
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