1630 S Hwy 89, Chino Valley, AZ 86323

$850,000
Property Type: Commercial/Indstrial Lot Size (sq. ft.): 217,800 Status: Closed
Current Price: $850,000 List Date: 12/15/2004 Last Modified: 6/20/2023

Overview

Description

Solid income producing apartment modular units. There are 17 residential rentals and one 1700 sq ft shop. Units are in excellent condition, well maintained and fully rented. There is room for rent increases at current rents-8 cap. For more information call listing agent.

Listing Details MLS# 888055

ContractAddressLegal

Original List Price
850000
Listing Price
850000
Street #
1630
Direction
S
Street Name
Hwy 89
City/Township
Chino Valley
State
AZ
Zip Code
86323
County
Yavapai
Tax Parcel
306-33-172

General Property Description

Aprx Acres
5
Source of Measuremnt
Owner
Year Built
1976
Management
Owner
Vac Rate %
2
Gross Vol/Yr $
88000
NOI $
67000
Cap %
8
CC & R
No

Tax Info

Taxes
2590
Tax Year
2004
Builder Name
Owner

Status Change Info

Under Contract Date
2005-02-10
Sold Date
2005-02-28
Financing
Owner Will Carry

Heating

Natural Gas
Yes
Other
Yes
See Remarks
Yes

Contract/Address/Legal

Comm Type
Other
REO/Short Sale
Not Applicable
Zoning
CL/AG
Business Name
Pink Flamingo
Business Type
Other
Assessor's Book #
306
Assessor's Map #
33
Assessor's Parcel #
172
Legal
M B

More Information

Remarks & Misc

Directions
S Hwy 89 on West Side just N of Outer Loop
Remarks
Solid income producing apartment modular units. There are 17 residential rentals and one 1700 sq ft shop. Units are in excellent condition, well maintained and fully rented. There is room for rent increases at current rents-8 cap. For more information call listing agent.

Office/Member Info

Listing Exclusions
No

Building Type

5+ Units
Yes
Indust - Warehouse
Yes
Motel/Hotel
Yes
Other - See Remarks
Yes

Construction

Frame - Wood
Yes
Stucco
Yes

Cooling

Central Air
Yes

External Amenities

Fence
Yes
Other - See Remarks
Yes

Flooring

Carpet
Yes
Concrete
Yes
Vinyl
Yes

Possession

At Recordation
Yes

Records Available

Survey
Yes
Other - See Remarks
Yes

Road Responsibility

State
Yes
State Maintained Road
Yes

Roof

Asphalt Shingle
Yes
Metal
Yes

Bathrooms

Other - See Remarks
Yes

Business Location

Other - See Remarks
Yes

Terms & Conditions

1031 Exchange
Yes
Conventional
Yes
Submit
Yes

Commercial Amenities

Ceiling Ht. Under 12
Yes
Other - See Remarks
Yes

Utilities Installed

Electricity
Yes
Individual Meter
Yes
Natural Gas
Yes
Telephone
Yes
Water - Private Well
Yes
Other - See Remarks
Yes

Internal Amenities

Other - See Remarks
Yes

Parking

Other - See Remarks
Yes

Property Features

Bathrooms: Other - See Remarks Building Type: 5+ Units; Indust - Warehouse; Motel/Hotel; Other - See Remarks Business Location: Other - See Remarks Commercial Amenities: Ceiling Ht. Under 12; Other - See Remarks Construction: Frame - Wood; Stucco Cooling: Central Air External Amenities: Fence; Other - See Remarks Flooring: Carpet; Concrete; Vinyl Heating: Other; See Remarks Internal Amenities: Other - See Remarks Parking: Other - See Remarks Possession: At Recordation Records Available: Survey; Other - See Remarks Road Responsibility: State; State Maintained Road Roof: Asphalt Shingle; Metal Utilities Installed: Electricity; Individual Meter; Natural Gas; Telephone; Water - Private Well; Other - See Remarks
Listing Office: RE/MAX PROMISE LAND REALTY
Last Updated: June - 20 - 2023
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