Phenomenal investment opportunity to own a 12 unit multi-family property in the heart of downtown Nogales! Property is comprised of ten 2-bedroom units and two 3-bedroom units, all at full occupancy, with a majority of the tenant 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 miles 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, do not miss out!
Sold for $1,550,000
Zillow last checked:
Listing updated:
Bought with:
Mirna Valdez, SA671590000
Tierra Antigua
Source: ARMLS,MLS#: 6605640
Price history
| Date | Event | Price |
|---|---|---|
| 7/11/2025 | Sold | $1,550,000+158.3%$154/sqft |
Source: Public Record Report a problem | ||
| 3/14/2024 | Sold | $600,000-7.7%$59/sqft |
Source: Public Record Report a problem | ||
| 10/25/2023 | Sold | $650,000$64/sqft |
Source:  ARMLS #6605640 Report a problem | ||
| 9/19/2023 | Pending sale | $650,000$64/sqft |
Source: ARMLS #6605640 Report a problem | ||
| 9/15/2023 | Listed for sale | $650,000$64/sqft |
Source: ARMLS #6605640 Report a problem | ||
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