Best Places Arizona Property
Property
Chino Valley, AZ 86323 860 W Road 1 South --
$6,995,000
23 more
Presented By: RealtyONEGroup Mountain Desert; 928-440-2522
Garage • 1
Home Details
Whispering Winds is a multi-family mixed use property in the middle of town. It has excellent property management and is 100% occupied. The property consists of 2 commercial buildings w/ 3 office spaces each. Attached to the backside of the office spaces are 9 storage units with internal doors and also exterior rollup doors, and finished with sheetrock and lighting. Gated residential area has 6 duplexes w/ attached one car garages, back patios and fence yards; 3 triplexes, 1 br/1 bath, w/ storage rm, back patios and fenced yards. All built in 2004 w/ new roofs in 2018. There are also, 3 fourplexes, each built in 2018 w/ upgraded interiors. Lg common laundry rm for complex. Each unit is separately metered for water & gas. Property has its own private water company and is on town sewer.
Presented By: RealtyONEGroup Mountain Desert; 928-440-2522
Interior Features for 860 W Road 1 South --
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringOther, Carpet, Vinyl
Heating Y/NYes
General for 860 W Road 1 South --
Additional Parcels Y/NNo
Attached Garage Yes
Cap Rate6.8
Carport Y/NNo
CityChino Valley
Community FeaturesOther
Construction MaterialsWood Frame, Stucco
CoolingCentral Air, Individual
CountyYavapai
DirectionsState Route 89 heading N into the town of Chino Valley, turn west (L) at Road 1 South. Approx 0.5 mile, property is on the right. Name of complex is Whispering Winds.
DisclosuresWater Well Report, Seller Prop Disc Stm
ElectricAPS, Individual Meter
Garage Y/NYes
Gross Income611049.6
HeatingIndividual, Natural Gas
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet0.0
MobileHomeRemainsYNNo
Net Operating Income475895.0
New Financing: CashTrue
New Financing: ConventionalTrue
Number Of Units Total48
Occupancy TypeTenant
Open Parking Spaces78.0
Operating Expense135155.0
OwnerPaysTrash Collection, Water, Sewer, Landscaping
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount36850.0
Tax Lot30629026X
Tax Year2024
Year Built2004
ZoningCL
Exterior for 860 W Road 1 South --
Covered Spaces6.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions340' x 618'
Lot Size Acres0.0
Lot Size Area0.0
Number of Buildings14
Parking FeaturesPaved, Add'l Parking Avail, Attached, >1 Space Per Unit
Road Surface TypePrivate Street, Concrete
SpaNo
Total Parking84.0
Water SourceSee Remarks, Domestic Well, Private
Additional Details
Price History
