Summary

The Sierra Court Apartments is a 30-unit housing community comprised of (30) 3BD/2BA units in Sierra Vista in Southern Arizona. The units feature solid wood cabinetry, two-toned paint, washer/dryer hookups, and exterior storage. The units have oversized closets, central heating and air conditioning, and a private enclosed patio for each tenant. The residents have 2 covered carport parking spaces per unit. The property features a quaint courtyard area, playground and sweeping mountain views.

The property consists of (7) fourplexes and (1) duplex, each situated on their own lot. The property has stabilized professional management with many long term residents. Utilities are billed back to tenants. Exterior updates include new roofs and new AC units.

The Sierra Vista Apartments is a turn-key asset with value-add opportunity through rental increases and operational upside. It offers a unique opportunity to capitalize on the growth happening in the region providing both immediate rental income and long-term value appreciation.