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 --
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Coach Manny Caballero

Coach Manny Caballero

+1(480) 695-6485
$6,995,000
Est. payment /mo
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6860736

Maintenance Fees $9,373

Year Built 2004

Annual Tax Amount $38,319

Tax Year 2025

Lot Dimensions 340' x 618'

Source Arizona Regional Multiple Listing Service (ARMLS)

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. Current actual cap rate is 5.98% and can easily be increased to 6.34% by increasing below market rent leases expiring 2/28/26 to current market rents.
Seller Carryback possible with 50% down payment.

Location

State AZ

County Yavapai

Area Yavapai

Zoning CL

Direction State 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.

Interior

Heating Individual, Natural Gas

Cooling Central Air, Individual

Flooring Carpet

Appliance Dishwasher, Refrigerator, Free-Standing Gas Oven, Washer/Dryer

Exterior

Parking Features Paved, Add'l Parking Avail, Attached, >1 Space Per Unit

Community Features Other

Roof Type Composition

Garage Yes

Private Pool No

Building

Sewer Public Sewer

Water See Remarks, Domestic Well, Private

New Construction No

Others

Senior Community No

Tax ID 306-29-026-X

Acceptable Financing Owner May Carry, Other (See Remarks), Conventional, 1031 Exchange

Disclosures Water Well Report, Seller Prop Disc Stm

Listing Terms Owner May Carry, Other (See Remarks), Conventional, 1031 Exchange

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Arizona Regional MLS (ARMLS)

Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by RealtyONEGroup Mountain Desert

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Coach Manny Caballero

Coach Manny Caballero

+1(480) 695-6485

Broker Associate | License ID: BR116302000 - Co Lic#LC7128070

Broker Associate License ID: BR116302000 - Co Lic#LC7128070

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