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
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 sewe
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 --
Attached Garage No
Building FeaturesOther (See Remarks), Security Gate
Business TypeMixed
Cap Rate6.8
Carport Y/NNo
CityChino Valley
Construction MaterialsWood Frame, Stucco
CoolingCentral Air
CountyYavapai
DirectionsFrom south end of Chino Valley, take State Route 89 heading N, 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
ElectricIndividual Meter, APS
Gross Income611049.6
HeatingNatural Gas
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet209948.0
Lot Size UnitsSquare Feet
MobileHomeRemainsYNNo
Net Operating Income475895.0
Occupancy TypeTenant
Open Parking Spaces52.0
Operating Expense135155.0
OwnershipFee Simple
OwnershipFee Simple
Property TypeComm/Industry Sale
Rent Control Y/NNo
RoofComposition
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Structure TypeOther (See Remarks)
Tax Annual Amount36850.0
Tax Lot30629026X
Tax Year2024
Township16
Year Built2004
ZoningCL
Exterior for 860 W Road 1 South --
Covered Spaces12.0
Crops Included Y/NNo
FencingOther, Wood
Irrigation Water Rights Y/NNo
Lot Size Acres4.82
Lot Size Area209948.0
Number of Buildings14
Parking FeaturesParking Lot, Paved, Free
SpaNo
Total Parking64.0
Water SourcePrivate, Domestic Well, Master Meter