Phenomenal investment opportunity to own a 12 unit multi-family property in the heart of downtown Nogales! Property is comprised of ten two-bedroom and two three-bedroom units, all at full occupancy, with a majority of the tenants being long term renters! Ten of the units are on month to month leases with two of the units on year leases through the Nogales Housing Authority. Utilities are separately metered! Located 0.1 of a mile away from Sacred Heart of Jesus Parish, units are walking distance to all the amenities that downtown Nogales has to offer! At a 9.38% capitalization rate and an annual gross scheduled rent of $67,200.00, do not miss out!

Construction Slump Block Fence Block Landscape Front Flower BedsLow CareShrubsTrees Landscape Rear Low CareShrubsTrees Parking Paved ParkingShared Road Type Paved Roof Built-Up - ReflectRolled

Main Cooling Ceiling Fan(s)Evaporative Cooling Main Heating Natural GasOther Water Heater Natural Gas

Analysis Cap Rate Percent 9.38 Analysis Exp Percent Of Gross 9.30 Analysis Exp Sqft 0.65 Analysis Gross Rent Multi 9.67 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Country USA Electric Electric Company Unisource Expenses Admin Expenses 0.00 Expenses Captial Expenses 0.00 Expenses Contract Services 0.00 Expenses Figures Presented Proforma Expenses Gas Electric 0.00 Expenses Insurance 3633.00 Expenses Maintenance Supplies 0.00 Expenses Management 0.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 2614.08 Expenses Water Sewer 0.00 Fema Flood Zone TBD Fire Protection Included in Taxes Freeway Highway Up to 1 Mile Gas Natural Income Adjusted Gross 67200.00 Income Gross Scheduled Rent 67200.00 Income Net Opp Income 60952.92 Income Other Income 0.00 Income Total Expenses 6247.08 Income Vacancy Loss 0.00 Lot Dimensions Irregular Lot Features Hillside LotNorth/South ExposureSubdivided Lot Sqft 36750.00 Multi Tenant Yes Municipal Flood Zone TBD Municipality Zoning SCC - MFR Property Disclosures Seller Prop Disclosure Property Features Smoke Detector Property Sub Type Apartment Security None Sewer Connected Short Sale No Source Of Sqft Assessor Special Conditions None Tax Year 2022 Taxes 2614.08 Terms CashConventionalSubmit Water City

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458 W Elm Street

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458 W Elm Street Nogales, AZ 85621

Property Description

Construction	Slump Block
Fence	Block
Landscape Front	Flower Beds Low Care Shrubs Trees
Landscape Rear	Low Care Shrubs Trees
Parking	Paved Parking Shared
Road Type	Paved
Roof	Built-Up - Reflect Rolled

Main Cooling	Ceiling Fan(s) Evaporative Cooling
Main Heating	Natural Gas Other
Water Heater	Natural Gas

Analysis Cap Rate Percent	9.38
Analysis Exp Percent Of Gross	9.30
Analysis Exp Sqft	0.65
Analysis Gross Rent Multi	9.67
Analysis Vacancy Rate Percent	0.00
Assessments	0.00
Country	USA
Electric Electric Company	Unisource
Expenses Admin Expenses	0.00
Expenses Captial Expenses	0.00
Expenses Contract Services	0.00
Expenses Figures Presented	Proforma
Expenses Gas Electric	0.00
Expenses Insurance	3633.00
Expenses Maintenance Supplies	0.00
Expenses Management	0.00
Expenses Other Expenses	0.00
Expenses Resident Manager	0.00
Expenses Taxes Assessments	2614.08
Expenses Water Sewer	0.00
Fema Flood Zone	TBD
Fire Protection	Included in Taxes
Freeway Highway	Up to 1 Mile
Gas	Natural
Income Adjusted Gross	67200.00
Income Gross Scheduled Rent	67200.00
Income Net Opp Income	60952.92
Income Other Income	0.00
Income Total Expenses	6247.08
Income Vacancy Loss	0.00
Lot Dimensions	Irregular
Lot Features	Hillside Lot North/South Exposure Subdivided
Lot Sqft	36750.00
Multi Tenant	Yes
Municipal Flood Zone	TBD
Municipality Zoning	SCC - MFR
Property Disclosures	Seller Prop Disclosure
Property Features	Smoke Detector
Property Sub Type	Apartment
Security	None
Sewer	Connected
Short Sale	No
Source Of Sqft	Assessor
Special Conditions	None
Tax Year	2022
Taxes	2614.08
Terms	Cash Conventional Submit
Water	City