825 W Us Highway 60 --, Superior, AZ 85173
- $1,580,000
- 16
- BD
- 16
- BA
- List Price
- $1,580,000
- Status
- ACTIVE
- Days on Market
- 17
- MLS#
- 7071483
- City
- Superior
- Bedrooms
- 16
- Bathrooms
- 16
- Year Built
- 1999
Property Description
Exceptional opportunity to acquire a fully renovated 16-unit furnished efficiency apartment complex located in the heart of Superior, Arizona, positioned to benefit from significant economic development associated with the Resolution Copper project, one of the most significant copper mining developments in North America. Each apartment is fully furnished and features a queen-size sofa sleeper, kitchenette, microwave, mini-split AC system, and all utilities included, making the property particularly attractive for workforce housing, corporate housing, traveling professionals, and other short- and long-term rental opportunities. An additional approximately 2000 sf venue that has been upgraded with new roof, electric & plumbing is part of the property.
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Additional Information
- Taxes
- $2,522
- Net Operating Income
- $57,653
- Cap Rate
- 3.65
- Units
- 16
- Parking Features
- Fee, Paved
- Construction
- Block, Painted
- Roofing
- Composition
- Cooling
- Varies by Unit
- Heating
- Varies by Unit
- Zoning
- C-1
- Subdivision
- Belmont Addition
- Community Features
- No Pool
- Electric
- APS
- Water
- Private
- Tenant Pays
- None
- New Financing
- Conventional, Owner May Carry, Cash
- Elementary School
- John F Kennedy School
- Middle School
- Superior Junior/Senior High School
Courtesy of Realty ONE Group. 602-953-4000
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