860 W Road 1 South, Chino Valley, AZ 86323

$7,250,000

Property Type: Multiple Dwellings Status: Active

Current Price: $7,250,000 Last Modified: 5/02/2025

Description

Whispering Winds is a multi-family mixed use property in the middle of the town of Chino Valley. It has excellent property management and shows ''pride of ownership.'' 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, each finished with sheetrock and lighting. Gated residential area. There are 6 duplexes w/ attached one car garages, plus patios and fence yards. There are 3 triplexes, 1 br/1 bath each w/ a storage rm and fenced yard. Lg common laundry rm. All built in 2004 w/ new roofs in 2018. Also, 3 fourplexes, each built in 2018 w/ upgraded interiors. Each unit on property is separately metered for water & gas. Good private well, town sewer.

More Information MLS# 6860736

Contract Info

Current Price: $7,250,000 List Price: $7,250,000 Status: Active List Date: 2025-04-30 Ownership: Fee Simple

Location Tax Legal

House Number: 860 Compass: W Street Name: Road 1 South St Suffix: -- City/Town Code: Chino Valley State/Province: AZ Zip Code: 86323 Country: US County Code: Yavapai Assessor Number: 306-29-026-X Tax Year: 2024

General Property Description

Lot Size Dimensions: 340' x 618' Year Built: 2004 Uncvrd Parking Spcs: 78 Total # of Units: 48 # of Buildings: 14 Zoning: CL

Remarks Misc

Cross Street: Hwy 89 & Road 1 South Directions: 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. Geo Lat: 34.739197 Geo Lon: -112.463904

Status Change Info

Status Change Date: 2025-05-02

Income Expenses

Gross Annual Sch Inc: 622980 Net Operating Income: 469131

Showing Notification Methods

Showing Service: No Showing Service Used

1 Bedroom Units

# 1 Bedroom Units: 9 Avg Rent: 1010 Avg SqFt: 624 # Baths: 1

2 Bedroom Units

# 2 Bedroom Units: 24 Avg Rent: 1550 Avg SqFt: 1000 # Baths: 2

Property Features

Project Type: Duplex; Tri-Plex; Four Plex; 51 - 99 Units; Other (See Remarks) Other Type: Other (See Remarks) Construction: Wood Frame Const - Finish: Stucco Roofing: Composition Floors: Vinyl; Carpet; Other Sale Includes: Building(s) Only; Land & Building; Laundry Equipment; Other (See Remarks) Community Features: Other Exterior Amenities: Landscape Wtr System; Partially Fenced; Patio/Balcony; Pet Restrictions; Separate Storage; Security Light(s); Other (See Remarks) Interior Amenities: Fire/Smoke Alarm(s); Vertical Blinds Appliances Included: Free-Standing Gas Oven; Refrigerator; Dishwasher; Washer/Dryer Heating: Natural Gas; Individual Cooling: Individual; Central Air Water Source: Private; Domestic Well; See Remarks Sewer: Sewer - Public Electric: APS; Individual Meter Gas: SW Gas; Individual Meter Parking Features: Garage; >1 Space Per Unit; Attached; Add'l Parking Avail; Paved Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Gas; Cable TV Source of Fincl Data: Owner Showing Notification Methods: Text; Phone Call Lockbox Type: None New Financing: Cash; Conventional; 1031 Exchange Environmental: None

Listing Office: RealtyONEGroup Mountain Desert

Last Updated: May - 02 - 2025

860 W Road 1 South, Chino Valley, AZ 86323 (MLS# 6860736)