887 E Tacoma Street Unit -, Sierra Vista, AZ 85635

$1,400,000

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List Price
$1,400,000
Days on Market
90
Status
ACTIVE
MLS#
7021150
City
Sierra Vista
Lot Size
285,562

Property Description

SHOVEL-READY DEVELOPMENT! Presenting one of Sierra Vista's most compelling turn-key development opportunities -- a 6.46-acre R-2 zoned parcel with a professionally designed preliminary platted site plan for a subdivision totaling up to 80 residential units, complete with on-site utilities, a 2,500 S.F. clubhouse, dog park, and 200 parking spaces. This is not raw land. This is a fully conceived, architect-designed community ready for a qualified builder or investor to take across the finish line. The preliminary site plan, designed by Studio Y Design & Development, includes three distinct unit types to capture the full spectrum of the Sierra Vista rental and purchase market: Build-to-Rent (BTR) Deploy all 80 units as rentals. Sierra Vista's Fort Huachuca-driven rental market provides consistent occupancy with military, contractor, and civilian tenants year-round. Build-to-Sell -Sell individual units or sell the entire completed community to a multifamily investor at stabilized value. Hybrid Strategy Retain high-performing units as long-term rentals while selling remaining units individually to owner-occupants -- maximizing cash flow and immediate returns simultaneously. The seller is open to financing for qualified buyers, allowing you to: Preserve construction capital for vertical development Reduce upfront acquisition risk. Close faster than traditional bank financing timelines. Seller is ready to work with the right buyer. This one may go fast! Seller is a Licensed Real Estate Agent in the State of Arizona.

Additional Information

Elementary School
Bella Vista Elementary School
High School
Buena High School
Acres
6.56
Electric
City Electric
Lot Size
285,562
New Financing
Cash, Cash to Loan, Conventional, SBA, Seller Approve Terms, Owner May Carry, 1031 Exchange
Lot Features
Corner Lot
Taxes
$4,187
Tax Year
2025
Vegetation
Low Desert
Water
City Franchise
Zoning
R-2

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Calculator source: Real Geeks

Listing courtesy of OMNI Homes International.

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