553 W ESPERANZA Avenue, Ajo, AZ 85321
$330,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$330,000
Last Modified:
3/04/2026
Description
Excellent opportunity for a 10 Unit Apartment Complex investment at Montecito Manor Apartments. Next to the New Border Patrol Housing, The Curley School and a short distance to The Plaza. All units 2/1 with a living room and eat-in kitchen. on two buildings and a laundry, which can be coin operated for additional income. Huge Parcel at 1.634 Acres. In the small town of Ajo deep in the Sonoran Desert, 43 miles north of the Mexican border, with an easy drive to Rocky Point. Additional concrete slab, which can be turned into storage units for more potential income or covered parking. Possibilities are endless with this 10 unit investment opportunity. multiple options to use as AirBNB, short term rental or long term rentals. Priced to sell!
More Information MLS# 6779573
Contract Info
Ownership: Fee Simple
Current Price: $330,000
List Price: $330,000
Status: Active
List Date: 2024-11-04
Location, Tax & Legal
Assessor's Map #: 55
Legal Description (Abbrev): NEW CORNELIA PCL D1 NELY PTN NULL NULL NULL
Assessor's Parcel #: 472
Assessor Parcel Ltr: E
Add'l Parcels: No
Tax Municipality: Pima - COUNTY
Census Tract: 5200
Taxes: 2422
Legal: NEW CORNELIA PCL D1 NELY PTN NULL NULL NULL
Marketing Name: Montecito Manor 10 Units
House Number: 553
Compass: W
Street Name: ESPERANZA
St Suffix: Avenue
City/Town Code: Ajo
State/Province: AZ
Zip Code: 85321
Zip4: 2481
County Code: Pima
Subdivision: NEW CORNEILA ADD
Assessor Number: 401-55-472-E
Tax Year: 2024
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 10
Lot Size Dimensions: N/A
Flood Zone: No
Total # of Units: 10
Elementary School District: Ajo Unified District
High School District: Ajo Unified District
Elementary School: Out of Maricopa Cnty
Jr. High School: Out of Maricopa Cnty
High School: Out of Maricopa Cnty
Year Built: 1944
Zoning: CR4
Legal Info
Range: 60
Section: 22
Township: 12
Lot Number: 0000D
Project Type
5 - 12 Units: 1
Construction
Block: 1
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Metal: 1
Floors
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Laundry Equipment: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 2422
Other Income: 0
Vacancy Allowance: 10
Adjusted Gross Inc: 0
Total Monthly Rental Income: 8000
Pmt & Rate Info
Equity: 410000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Lockbox Type
Other: 1
See Private Remarks: 1
Community Features
No Pool: 1
Heating
Individual: 1
See Remarks: 1
Cooling
Ceiling Fan(s): 1
Individual: 1
See Remarks: 1
Tenant Pays
Cable TV: 1
Appliances Included
Refrigerator: 1
Free-Standing Range: 1
Road Surface Type
Dirt: 1
Gravel: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
1 Space/Unit: 1
Electric
City Electric: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
Electric: 1
Gas: 1
New Financing
Cash: 1
Conventional: 1
1031 Exchange: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 10
Avg Rent: 800
Avg SqFt: 500
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Esperanza & 3rd
Directions: Follow AZ85 South on Perro de Nieve St, take 3rd left on to W Esperanza Ave.
Geo Lat: 32.371245
Geo Lon: -112.868561
Property Features
Project Type: 5 - 12 Units
Construction: Block; Wood Frame
Const - Finish: Painted; Stucco
Roofing: Metal
Floors: Ceramic Tile
Sale Includes: Land & Building; Laundry Equipment
Community Features: No Pool
Appliances Included: Free-Standing Range; Refrigerator
Heating: Individual; See Remarks
Cooling: Ceiling Fan(s); Individual; See Remarks
Water Source: City Franchise
Sewer: Sewer - Public
Electric: City Electric
Gas: SW Gas
Parking Features: 1 Space/Unit
Road Surface Type: Gravel; Dirt
Owner Pays: Water; Electric; Gas
Tenant Pays: Cable TV
Source of Fincl Data: Owner
Showing Notification Methods: Text
Lockbox Type: Other; See Private Remarks
New Financing: Cash; Conventional; 1031 Exchange
Environmental: None
Listing Office:
eXp Realty
Last Updated: March - 04 - 2026
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