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    2200 Las Brisas Way Sierra Vista, AZ 85635

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    For Sale
    $10,750,000

    Multifamily property with value-add potential in a desirable location.

    Property size:
    82,534 SF

    Property Features for 2200 Las Brisas Way

    General Information

    Size
    82,534 SF

    Building Details

    Year built
    1986

    Source: Justin Lanné Agent Justin Lanné

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sierra Vista Multifamily Investment Opportunity

    This multifamily property is located in a strong north/northeast location. The property features pitched roofs and functional floorplans, with 67% of the units being 2-bedroom, 2-bathroom layouts. Units include porches/patios, walk-in closets, and ceiling fans. This property presents a value-add opportunity due to below-market rents. Twenty units were renovated in 2022. The property size is 82534 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Las Brisas Apartments Apartment Complex

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sierra Vista
    County
    Cochise
    State
    Arizona
    Longitude
    -110.275899
    Latitude
    31.563232

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    FAQs

    What type of property is this?
    Apartment building - Multifamily property with value-add potential in a desirable location.
    Where is this apartment building located?
    The property is located at 2200 Las Brisas Way Sierra Vista, AZ.
    What is the asking price?
    The asking price for this property is $10,750,000.
    What are key features of this property?
    This property features: - Value-add opportunity through below-market rents.; - Strong North/Northeast location.; - 20 units renovated in 2022.
    (520) 907-3470
    Request Owner's contact information
    2200 Las Brisas Way Sierra Vista, AZ 85635
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    Sierra Vista, AZ 85635
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2200 Las Brisas Way Sierra Vista, AZ 85635
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