Properties
Ajo, AZ 85321 355 S SAHUARO Street
$949,000
5 more
Presented By: West USA Realty; 480-820-3333
Home Details
INCREDIBLE INVESTMENT OPPORTUNITY!
Originally constructed as a school and thoughtfully converted into apartments in 1998, this fully operational 18-unit complex (each 1 bed/1 bath with covered parking) is income-producing from day one. Recent improvements include a new roof, updated exterior paint, and well-maintained interiors.
Situated on just over 5 acres near the copper mine and border, the property offers exceptional expansion potential—County zoning allows for 70+ additional units. Whether you choose to develop more multi-family housing, add storage facilities, or create a KOA-style campground, the possibilities for growth and increased revenue are truly endless.
Presented By: West USA Realty; 480-820-3333
Interior Features for 355 S SAHUARO Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringCarpet
Heating Y/NYes
General for 355 S SAHUARO Street
Additional Parcels Y/NNo
Attached Garage No
Cap Rate10.54
Carport Y/NNo
CityAjo
Community FeaturesSport Court, No Pool
Construction MaterialsPainted, Stucco, Slump Block
CoolingCeiling Fan(s), Window/Wall Unit
CountyPima
DirectionsHead South on the 85 then turn right onto Sahuaro St. Drive down the road for a bit and the complex will be on the left hand side.
DisclosuresSeller Prop Disc Stm
ElectricOther (See Remarks)
Elementary SchoolAjo Elementary School
Elementary School DistrictAjo Unified District
Garage Y/NNo
Gross Income135184.0
HeatingElectric
High SchoolAjo High School
High School DistrictAjo Unified District
Lease Considered Y/NNo
Lease Renewal Y/NNo
Middle/Junior High SchoolAjo Elementary School
MobileHomeRemainsYNNo
Net Operating Income100000.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
Number Of Units Total18
Occupancy TypeTenant
Open Parking Spaces50.0
Operating Expense6909.0
OwnerPaysTrash Collection, Water, Sewer, Cable TV
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameNEW CORNEILA ADD
Tax Annual Amount6909.0
Tax Lot00292
Tax Year2014
Township12
Year Built1973
ZoningC-4
Exterior for 355 S SAHUARO Street
Covered Spaces18.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions5.984 acres
Number of Buildings2
Parking FeaturesFree, 1 Space/Unit, Carport
Road Surface TypeDirt
SpaNo
Total Parking68.0
Water SourceCity Franchise
Additional Details
Price History
Schools
Middle School
Ajo Elementary School
High School
Ajo High School
