AZ > Chino Valley
Chino Valley, AZ 86323,860 W Road 1 South
Chino Valley, AZ 86323,860 W Road 1 South
Chino Valley, AZ 86323,860 W Road 1 South
Chino Valley, AZ 86323,860 W Road 1 South
Chino Valley, AZ 86323,860 W Road 1 South
Chino Valley, AZ 86323,860 W Road 1 South
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Kevin Valle

Kevin Valle

+1(602) 769-9767
Listed by Realty ONE Group Mountain Desert
$ 6,995,000
Est. payment | /mo

4.82 Acres Lot

Save
$ 6,995,000
Est. payment | /mo
Save

4.82 Acres Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1072844

HOA Y/N false

Year Built 2004

Annual Tax Amount $38,319

Tax Year 2025

Lot Size 4.820 Acres

Acres 4.82

Source paar

Property Description

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. Actual cap rate of 5.98% can easily be increased to 6.34% by increasing below market rental leases expiring 2/28/26 to market rental rates. Seller Carryback with 50% down payment.

Location

State AZ

County Yavapai

Interior

Heating Forced - Gas, Natural Gas

Cooling Ceiling Fan(s), Central Refriger, Gas

Flooring Carpet, Laminate, Vinyl

Exterior

Exterior Feature Fence, Laundry Facilities, Balcony, Storage, Sprinkler/Drip

Utilities Available Cable Available, Electricity Available, Individual Meter, Natural Gas Available, Underground Utilities, WWT - City Sewer

Roof Type Asphalt

Building

Structure Type Frame,Stucco

Others

Acceptable Financing 1031 Exchange, Balloon, Cash, Conventional, Other - See Remarks, Submit

Listing Terms 1031 Exchange, Balloon, Cash, Conventional, Other - See Remarks, Submit

Prescott Area Association of Realtors (PAAR MLS)
Kevin Valle

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(602) 769-9767

[email protected]

3618 W Camino Real, Glendale, AZ, 85310, USA

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860 W Road 1 South