Introducing the Bisbee Terrace Apartments located at 310 Center Ave, Bisbee AZ 85603. This historic property boasts 21 Apartment units 16 recently remolded and rented out, 5 unfinished and vacant. The building is 12,732 SQ FT set on 0.89 acre lot, with a rich history dating back to 1916 and recent renovations from 2021 to 2023. The charming two-story complex comprises 10 buildings, offering a unique investment opportunity in the heart of Bisbee. Furthermore, the area demographics showcase a growing community, with a projected increase in median and average household incomes by 2025. Picturesque and full of potential, the Bisbee Terrace Apartments capture the essence of a thriving investment in a historic setting. Don't miss the chance to own a piece of Bisbee's history while securing a lucrative investment for the future.
Seller Financing
Down Payment 35%
Interest Rate 5% Interest Only
Loan Term 5 Years