Chino Valley, AZ 86323,860 W Road 1 South
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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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Paul Simari

Paul Simari

+1(928) 232-2792
Listed by Realty ONE Group Mountain Desert
$ 6,995,000
Est. payment /mo
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Active

860 W Road 1 South Chino Valley, AZ 86323

4.82 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1078695

Year Built 2004

Annual Tax Amount $38,484

Tax Year 2025

Lot Size 4.820 Acres

Acres 4.82

Property Sub-Type Multi Family

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 possible with 50% down payment.

Location

State AZ

County Yavapai

Interior

Interior Features Ceiling Fan(s), Fire/Smoke Detector, Security/Alarm

Heating Natural Gas

Cooling Ceiling Fan(s), Central Air, Gas

Flooring Carpet, Laminate, Tile, Vinyl

Exterior

Exterior Feature Drip System, Fence

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

Roof Type Asphalt

Total Parking Spaces 83

Building

Story 1

Structure Type Frame,Stucco

Others

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

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

Prescott Area Association of Realtors (PAAR MLS)

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 4
  • 5

    Heritage Middle School

    Public | 5 - 8

  • 5

    Del Rio Elementary School

    Public | PK - 5

  • 0

    Trinity Christian School

    Private | KG - 12

  • 0

    Territorial Elementary School

    Public | KG - KG

High Schools 2
  • 5

    Chino Valley High School

    Public | 9 - 12

  • 0

    Mijted - Chino Valley High School

    Public | 9 - 12

School and business data provided by Attom Data.
Paul Simari

Paul Simari

Agent | SASA679860000

+1(928) 232-2792

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860 W Road 1 South