Lower-Level Residential Income
New
For Sale
$147,000
1112 Plaza Oro Loma #B, Sierra Vista, AZ 85635
The 3-bedroom, 2-bathroom condo includes a patio and access to a shared swimming pool.
Property Size1,010 SF
Price / SF$145.54
Days on Market2
Property Features for 1112 Plaza Oro Loma #B
General Information
Standard status
Active
Size
1,010 SF
Property subtype
Apartment
Units
Unit Mix
3BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$186
Amenities
patio
community swimming pool
Full Bth Master Bdrm
Pantry
Laminate Counters
Storage
Building Details
Building Size
1,010 SF
Year Built
1986
Stories
1
Listing Agency:
AZ Home Seekers
Listed By:
Jeff & Debbie
(480) 200-5305
Source:
Azhomeseekers
Added: Nov 2
Last Checked: Nov 2 at 1:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of AZ Home Seekers
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,010-square-foot condominium is a lower-level unit with three bedrooms and two bathrooms. The home has no stairs or carpet and includes a patio, with use of a community swimming pool. Built in 1986, it is located in Sierra Vista near schools, shopping, dining, and Fort Huachuca.
Key Highlights
- 1,010‑square‑foot condo with 3 bedrooms and 2 bathrooms
- Lower‑level unit with no stairs and no carpet
- Private patio and access to a community swimming pool
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,799
Cap Rate
3.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$95,980
$96.0K
Cap Rate 7%
$68,557
$68.6K
Cap Rate 9%
$53,322
$53.3K
Market Conditions
NOI Build-Up for 1,010 SF
Gross rent
$10.8K $10.68/SF
− Vacancy
−$2.1K −$2.04/SF
EGI
$8.7K $8.64/SF
− OpEx
−$3.9K −$3.89/SF
NOI
$4.8K $4.75/SF
Area
Cochise County, AZ
Vacancy
19.11%
Lease Rate
$10.68 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$95,980
Cap Rate 7%
$68,557
Cap Rate 9%
$53,322
Alternative Uses
Best Use
Apartment 5plus
$68.6K
$60.0K – $80.0K
NOI $4,799 @ 7.0% cap · market cap 3.26%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$149.7K
$131.0K – $174.6K
NOI $10,476 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
412
Businesses Nearby
Explore this area
Business Placement
Demographics for 85635, AZ
35,095
Population
17,138
Households
2
Avg Household Size
41
Median Age
31%
College-Educated
92%
High-School Grad
68.1 sq mi
ZIP Area
515
Density / Sq Mi
$60,822
Median Household Income
$42,247
Median Earnings
$985
Median Rent
$218,100
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - The 3-bedroom, 2-bathroom condo includes a patio and access to a shared swimming pool.
Where is this residential income property located?
The property is located at 1112 Plaza Oro Loma #B Sierra Vista, AZ.
What is the asking price?
The asking price for this property is $147,000.
What are key features of this property?
This property features: 1,010‑square‑foot condo with 3 bedrooms and 2 bathrooms; Lower‑level unit with no stairs and no carpet; Private patio and access to a community swimming pool
