887 East Tacoma Street

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887 East Tacoma Street

Sierra Vista, AZ 85635
Asking Price
$1.40M
Cap Rate
8%
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B

What's Special

Presenting one of Sierra Vista's most compelling turn-key development opportunities -- a 6.46-acre <p><span style="color: rgba(0, 0, 0, 1)">Presenting one of Sierra Vista's most compelling turn-key development opportunities -- a 6.46-acre R-2 zoned parcel with a professionally designed preliminary platted site plan for a subdivision totaling up to 80 residential units, complete with on-site utilities, a 2,500 S.F. clubhouse, dog park, and 200 parking spaces. This is not raw land. This is a fully conceived, architect-designed community ready for a qualified builder or investor to take across t

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NOI
$80,000
Cap Rate
5.71%
DSCR
0.96
Underwater
Cash-on-Cash
-0.74%
Monthly Payment
$6,926.436
Annual Cash Flow
$-3,117.234

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